Call reports 2007
BANK OF GRANITE — 2007
What BANK OF GRANITE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 1,175,593,000 | 1,178,486,000 | 1,152,090,000 | 1,181,866,000 |
| Total loans | 915,053,000 | 923,988,000 | 892,447,000 | 928,210,000 |
| Allowance for loan losses | 16,331,000 | 21,728,000 | 17,431,000 | 17,556,000 |
| Securities available for sale | 126,559,000 | 126,136,000 | 119,254,000 | 109,074,000 |
| Securities held to maturity | 33,629,000 | 29,671,000 | 29,664,000 | 29,656,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,009,194,000 | 1,022,192,000 | 1,012,257,000 | 1,001,214,000 |
| Interest-bearing deposits | 823,286,000 | 825,742,000 | 822,917,000 | 828,049,000 |
| Noninterest-bearing deposits | 185,908,000 | 196,450,000 | 189,340,000 | 173,165,000 |
| Equity capital | 137,162,000 | 131,337,000 | 104,935,000 | 104,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 21,235,000 | 42,835,000 | 63,406,000 | 84,308,000 |
| Interest expense | 8,348,000 | 16,830,000 | 25,546,000 | 34,267,000 |
| Net interest income | 12,887,000 | 26,005,000 | 37,860,000 | 50,041,000 |
| Noninterest income | 2,265,000 | 4,291,000 | 5,767,000 | 8,347,000 |
| Noninterest expense | 6,796,000 | 13,627,000 | 20,272,000 | 28,984,000 |
| Provision for loan losses | 1,832,000 | 9,270,000 | 52,243,000 | 55,237,000 |
| Pretax income | 6,524,000 | 7,399,000 | -28,888,000 | -25,832,000 |
| Income tax | 2,225,000 | 2,167,000 | -12,290,000 | -11,437,000 |
| Net income | 4,299,000 | 5,232,000 | -16,598,000 | -14,395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 127,011,000 | 121,439,000 | 94,378,000 | 93,331,000 |
| Total capital | 139,405,000 | 134,079,000 | 106,829,000 | 106,140,000 |
| Risk-weighted assets | 987,363,000 | 1,001,901,000 | 991,118,000 | 1,019,969,000 |