Call reports 2005
BANK OF GRANITE — 2005
What BANK OF GRANITE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 1,002,760,000 | 1,031,628,000 | 1,073,953,000 | 1,075,594,000 |
| Total loans | 779,317,000 | 803,231,000 | 809,364,000 | 821,713,000 |
| Allowance for loan losses | 13,839,000 | 13,967,000 | 12,578,000 | 13,664,000 |
| Securities available for sale | 100,452,000 | 106,199,000 | 104,932,000 | 104,569,000 |
| Securities held to maturity | 46,228,000 | 41,835,000 | 41,374,000 | 41,363,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 822,395,000 | 863,105,000 | 913,822,000 | 911,854,000 |
| Interest-bearing deposits | 658,857,000 | 688,473,000 | 721,791,000 | 731,795,000 |
| Noninterest-bearing deposits | 163,538,000 | 174,632,000 | 192,031,000 | 180,059,000 |
| Equity capital | 131,370,000 | 131,244,000 | 128,476,000 | 129,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 13,937,000 | 29,122,000 | 45,751,000 | 63,593,000 |
| Interest expense | 3,698,000 | 7,978,000 | 12,874,000 | 18,457,000 |
| Net interest income | 10,239,000 | 21,144,000 | 32,877,000 | 45,136,000 |
| Noninterest income | 1,679,000 | 3,744,000 | 5,724,000 | 7,688,000 |
| Noninterest expense | 5,694,000 | 11,792,000 | 17,913,000 | 24,800,000 |
| Provision for loan losses | 1,224,000 | 2,110,000 | 3,520,000 | 4,977,000 |
| Pretax income | 4,913,000 | 10,905,000 | 17,089,000 | 22,968,000 |
| Income tax | 1,599,000 | 3,574,000 | 5,697,000 | 7,664,000 |
| Net income | 3,314,000 | 7,331,000 | 11,392,000 | 15,304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,176,000 | 120,511,000 | 118,462,000 | 119,573,000 |
| Total capital | 131,660,000 | 131,286,000 | 129,406,000 | 130,728,000 |
| Risk-weighted assets | 835,395,000 | 858,824,000 | 873,736,000 | 889,723,000 |