Call reports 2006
BANK OF GRANITE — 2006
What BANK OF GRANITE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 1,120,022,000 | 1,146,950,000 | 1,153,205,000 | 1,166,926,000 |
| Total loans | 846,177,000 | 865,070,000 | 873,436,000 | 897,125,000 |
| Allowance for loan losses | 14,859,000 | 13,656,000 | 14,641,000 | 15,531,000 |
| Securities available for sale | 106,155,000 | 114,408,000 | 124,054,000 | 126,463,000 |
| Securities held to maturity | 40,007,000 | 35,472,000 | 35,263,000 | 35,254,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 954,567,000 | 981,868,000 | 986,304,000 | 998,944,000 |
| Interest-bearing deposits | 764,478,000 | 789,990,000 | 801,798,000 | 819,271,000 |
| Noninterest-bearing deposits | 190,089,000 | 191,878,000 | 184,506,000 | 179,673,000 |
| Equity capital | 130,511,000 | 131,531,000 | 134,750,000 | 137,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 18,699,000 | 38,923,000 | 60,101,000 | 81,808,000 |
| Interest expense | 6,119,000 | 13,034,000 | 20,985,000 | 29,406,000 |
| Net interest income | 12,580,000 | 25,889,000 | 39,116,000 | 52,402,000 |
| Noninterest income | 2,063,000 | 4,139,000 | 6,087,000 | 8,253,000 |
| Noninterest expense | 6,320,000 | 12,797,000 | 19,407,000 | 25,658,000 |
| Provision for loan losses | 1,221,000 | 3,118,000 | 4,481,000 | 6,392,000 |
| Pretax income | 7,065,000 | 14,076,000 | 21,280,000 | 28,579,000 |
| Income tax | 2,377,000 | 4,788,000 | 7,195,000 | 9,613,000 |
| Net income | 4,688,000 | 9,288,000 | 14,085,000 | 18,966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,151,000 | 122,588,000 | 124,850,000 | 127,409,000 |
| Total capital | 132,625,000 | 134,340,000 | 136,672,000 | 139,575,000 |
| Risk-weighted assets | 914,327,000 | 938,055,000 | 942,721,000 | 969,744,000 |