Call reports 2004
BANK OF GRANITE — 2004
What BANK OF GRANITE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 942,785,000 | 957,106,000 | 966,568,000 | 991,911,000 |
| Total loans | 720,761,000 | 732,022,000 | 743,614,000 | 765,475,000 |
| Allowance for loan losses | 11,373,000 | 11,687,000 | 12,623,000 | 13,525,000 |
| Securities available for sale | 88,992,000 | 97,181,000 | 97,410,000 | 97,351,000 |
| Securities held to maturity | 59,504,000 | 51,583,000 | 51,567,000 | 51,202,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 766,676,000 | 773,155,000 | 799,566,000 | 778,839,000 |
| Interest-bearing deposits | 608,973,000 | 618,098,000 | 628,279,000 | 622,440,000 |
| Noninterest-bearing deposits | 157,703,000 | 155,057,000 | 171,287,000 | 156,399,000 |
| Equity capital | 133,094,000 | 130,098,000 | 131,008,000 | 130,853,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 12,315,000 | 24,696,000 | 37,343,000 | 50,585,000 |
| Interest expense | 2,848,000 | 5,640,000 | 8,564,000 | 11,849,000 |
| Net interest income | 9,467,000 | 19,056,000 | 28,779,000 | 38,736,000 |
| Noninterest income | 1,734,000 | 3,581,000 | 5,482,000 | 7,333,000 |
| Noninterest expense | 5,609,000 | 11,108,000 | 16,478,000 | 21,972,000 |
| Provision for loan losses | 1,245,000 | 2,349,000 | 4,025,000 | 5,431,000 |
| Pretax income | 4,347,000 | 9,195,000 | 13,772,000 | 18,680,000 |
| Income tax | 1,354,000 | 2,846,000 | 4,263,000 | 5,786,000 |
| Net income | 2,993,000 | 6,349,000 | 9,509,000 | 12,894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,781,000 | 119,477,000 | 119,504,000 | 119,762,000 |
| Total capital | 130,515,000 | 129,352,000 | 129,466,000 | 130,046,000 |
| Risk-weighted assets | 777,057,000 | 788,167,000 | 794,329,000 | 819,479,000 |