Call reports 2010
BANK OF GRANITE — 2010
What BANK OF GRANITE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,035,907,000 | 987,365,000 | 946,524,000 | 875,296,000 |
| Total loans | 715,432,000 | 652,894,000 | 606,362,000 | 562,127,000 |
| Allowance for loan losses | 30,346,000 | 29,620,000 | 29,952,000 | 28,273,000 |
| Securities available for sale | 250,442,000 | 243,879,000 | 277,570,000 | 255,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 951,553,000 | 909,339,000 | 889,824,000 | 822,954,000 |
| Interest-bearing deposits | 846,706,000 | 805,159,000 | 791,214,000 | 730,153,000 |
| Noninterest-bearing deposits | 104,847,000 | 104,180,000 | 98,610,000 | 92,801,000 |
| Equity capital | 38,450,000 | 33,253,000 | 26,988,000 | 23,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 12,279,000 | 23,715,000 | 34,496,000 | 44,784,000 |
| Interest expense | 3,998,000 | 7,527,000 | 10,948,000 | 13,892,000 |
| Net interest income | 8,281,000 | 16,188,000 | 23,548,000 | 30,892,000 |
| Noninterest income | 884,000 | 280,000 | 756,000 | 330,000 |
| Noninterest expense | 6,279,000 | 13,553,000 | 20,112,000 | 27,004,000 |
| Provision for loan losses | 12,100,000 | 20,603,000 | 27,921,000 | 30,829,000 |
| Pretax income | -9,208,000 | -17,453,000 | -21,747,000 | -24,208,000 |
| Income tax | 0 | -790,000 | -790,000 | -790,000 |
| Net income | -9,208,000 | -16,663,000 | -20,957,000 | -23,418,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,989,000 | 31,534,000 | 27,241,000 | 24,779,000 |
| Total capital | 48,209,000 | 40,169,000 | 35,365,000 | 32,386,000 |
| Risk-weighted assets | 705,553,000 | 657,751,000 | 628,126,000 | 587,913,000 |