Call reports 2009
BANK OF GRANITE — 2009
What BANK OF GRANITE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 1,142,562,000 | 1,105,748,000 | 1,008,376,000 | 1,058,520,000 |
| Total loans | 909,829,000 | 870,980,000 | 826,987,000 | 774,178,000 |
| Allowance for loan losses | 26,399,000 | 22,678,000 | 23,962,000 | 27,837,000 |
| Securities available for sale | 65,111,000 | 157,977,000 | 100,214,000 | 190,921,000 |
| Securities held to maturity | 21,091,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,026,984,000 | 991,679,000 | 897,543,000 | 967,010,000 |
| Interest-bearing deposits | 897,671,000 | 864,538,000 | 777,613,000 | 856,976,000 |
| Noninterest-bearing deposits | 129,313,000 | 127,141,000 | 119,930,000 | 110,034,000 |
| Equity capital | 63,270,000 | 61,749,000 | 59,507,000 | 45,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 12,716,000 | 25,490,000 | 38,574,000 | 51,003,000 |
| Interest expense | 6,337,000 | 11,941,000 | 16,930,000 | 21,229,000 |
| Net interest income | 6,379,000 | 13,549,000 | 21,644,000 | 29,774,000 |
| Noninterest income | 1,823,000 | 3,037,000 | 3,793,000 | -712,000 |
| Noninterest expense | 7,122,000 | 15,998,000 | 23,123,000 | 29,549,000 |
| Provision for loan losses | 3,746,000 | 8,055,000 | 12,924,000 | 28,644,000 |
| Pretax income | -3,201,000 | -7,139,000 | -10,316,000 | -28,748,000 |
| Income tax | 0 | 0 | 0 | -5,800,000 |
| Net income | -3,201,000 | -7,139,000 | -10,316,000 | -22,948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,362,000 | 63,391,000 | 60,226,000 | 47,697,000 |
| Total capital | 76,638,000 | 74,696,000 | 70,955,000 | 57,641,000 |
| Risk-weighted assets | 967,933,000 | 888,101,000 | 837,802,000 | 770,203,000 |