Call reports 2002
BANK OF GRANITE — 2002
What BANK OF GRANITE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 681,429,000 | 681,092,000 | 698,711,000 | 698,602,000 |
| Total loans | 494,470,000 | 501,886,000 | 513,779,000 | 528,397,000 |
| Allowance for loan losses | 6,952,000 | 7,462,000 | 7,996,000 | 8,619,000 |
| Securities available for sale | 62,213,000 | 52,987,000 | 58,629,000 | 46,742,000 |
| Securities held to maturity | 80,517,000 | 73,813,000 | 72,694,000 | 72,660,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 534,733,000 | 537,659,000 | 554,388,000 | 563,391,000 |
| Interest-bearing deposits | 425,757,000 | 425,063,000 | 435,124,000 | 447,218,000 |
| Noninterest-bearing deposits | 108,976,000 | 112,596,000 | 119,264,000 | 116,173,000 |
| Equity capital | 113,265,000 | 115,958,000 | 116,556,000 | 117,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 10,464,000 | 20,864,000 | 31,251,000 | 41,663,000 |
| Interest expense | 2,742,000 | 5,307,000 | 7,813,000 | 10,123,000 |
| Net interest income | 7,722,000 | 15,557,000 | 23,438,000 | 31,540,000 |
| Noninterest income | 1,876,000 | 3,567,000 | 5,562,000 | 7,501,000 |
| Noninterest expense | 3,572,000 | 7,433,000 | 11,163,000 | 14,824,000 |
| Provision for loan losses | 761,000 | 1,739,000 | 2,625,000 | 3,423,000 |
| Pretax income | 5,265,000 | 9,952,000 | 15,212,000 | 20,794,000 |
| Income tax | 1,636,000 | 2,978,000 | 4,765,000 | 6,590,000 |
| Net income | 3,629,000 | 6,974,000 | 10,447,000 | 14,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,243,000 | 115,326,000 | 115,305,000 | 117,059,000 |
| Total capital | 120,105,000 | 122,264,000 | 122,403,000 | 124,267,000 |
| Risk-weighted assets | 548,837,000 | 554,478,000 | 566,937,000 | 575,225,000 |