Call reports 2011
BANK OF GRANITE — 2011
What BANK OF GRANITE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 840,706,000 | 806,753,000 | 765,707,000 | 753,799,000 |
| Total loans | 521,403,000 | 476,788,000 | 436,911,000 | 373,877,000 |
| Allowance for loan losses | 25,175,000 | 21,115,000 | 19,279,000 | 14,000 |
| Securities available for sale | 250,791,000 | 249,498,000 | 197,131,000 | 188,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 790,948,000 | 759,860,000 | 743,012,000 | 688,544,000 |
| Interest-bearing deposits | 699,912,000 | 671,899,000 | 653,751,000 | 604,325,000 |
| Noninterest-bearing deposits | 91,036,000 | 87,961,000 | 89,261,000 | 84,219,000 |
| Equity capital | 21,211,000 | 18,803,000 | 18,562,000 | 62,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 9,704,000 | 18,957,000 | 27,796,000 | 7,009,000 |
| Interest expense | 2,347,000 | 4,345,000 | 6,234,000 | 673,000 |
| Net interest income | 7,357,000 | 14,612,000 | 21,562,000 | 6,336,000 |
| Noninterest income | 230,000 | -680,000 | -856,000 | 866,000 |
| Noninterest expense | 6,605,000 | 12,497,000 | 18,191,000 | 4,174,000 |
| Provision for loan losses | 2,005,000 | 6,006,000 | 8,081,000 | 0 |
| Pretax income | -1,654,000 | -4,522,000 | -4,348,000 | 3,018,000 |
| Income tax | 0 | 0 | 0 | 14,000 |
| Net income | -1,654,000 | -4,522,000 | -4,348,000 | 3,004,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,125,000 | 20,257,000 | 20,431,000 | 54,633,000 |
| Total capital | 30,246,000 | 27,065,000 | 26,504,000 | 54,647,000 |
| Risk-weighted assets | 551,602,000 | 530,344,000 | 472,605,000 | 453,815,000 |