Call reports 2003
BANK OF GRANITE — 2003
What BANK OF GRANITE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 718,165,000 | 747,721,000 | 921,282,000 | 934,281,000 |
| Total loans | 538,737,000 | 560,746,000 | 688,007,000 | 709,774,000 |
| Allowance for loan losses | 9,102,000 | 8,639,000 | 11,022,000 | 10,583,000 |
| Securities available for sale | 47,691,000 | 53,778,000 | 90,576,000 | 91,479,000 |
| Securities held to maturity | 70,051,000 | 62,061,000 | 62,041,000 | 61,770,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 579,533,000 | 614,942,000 | 746,926,000 | 754,581,000 |
| Interest-bearing deposits | 464,627,000 | 493,154,000 | 596,589,000 | 597,950,000 |
| Noninterest-bearing deposits | 114,906,000 | 121,788,000 | 150,337,000 | 156,631,000 |
| Equity capital | 117,668,000 | 116,026,000 | 133,922,000 | 133,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 10,184,000 | 20,548,000 | 32,160,000 | 44,440,000 |
| Interest expense | 2,220,000 | 4,604,000 | 7,341,000 | 10,219,000 |
| Net interest income | 7,964,000 | 15,944,000 | 24,819,000 | 34,221,000 |
| Noninterest income | 1,936,000 | 3,783,000 | 5,622,000 | 7,205,000 |
| Noninterest expense | 3,778,000 | 7,614,000 | 12,125,000 | 17,061,000 |
| Provision for loan losses | 1,136,000 | 2,284,000 | 3,424,000 | 4,764,000 |
| Pretax income | 4,986,000 | 9,854,000 | 14,917,000 | 19,627,000 |
| Income tax | 1,638,000 | 3,199,000 | 4,865,000 | 6,314,000 |
| Net income | 3,348,000 | 6,655,000 | 10,052,000 | 13,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 116,916,000 | 115,097,000 | 122,671,000 | 122,023,000 |
| Total capital | 124,293,000 | 122,746,000 | 132,102,000 | 131,616,000 |
| Risk-weighted assets | 588,412,000 | 610,959,000 | 752,868,000 | 766,440,000 |