Vitals
  • Total Assets
    667.0M -11.0 %
  • Total Deposits
    599.3M -11.9 %
  • Total Net Loans
    275.0M -22.0 %
  • Net Income
    231000.0000 -86.2 %
  • Book Value
    63.8M -1.2 %
  • Book Value x2
    127.6M -1.2 %
  • Book Value x3
    191.4M -1.2 %
ROAA

.137

ROAE

1.436

Efficiency Ratio

99.202

Net Interest Margin

4.075

Balance Sheet Highlights
Financial Highlights Bank Of Granite All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 666,954 671,174
Total Net Loans 275,026 423,107
Total Deposits 599,277 571,802
Total Equity 63,788 68,344
Profitability
Net Income 231 973
Return on Average Assets .137 .492
Return on Average Equity 1.436 4.325
Net Interest Margin 4.075 3.568
Efficiency Ratio 99.202 81.477
Noninterest Income/Revenue 8.074 20.097
Balance Sheet Ratios
Loan-to-Deposit 45.893 76.413
Securities/Assets .372 .178
Total Equity/Total Assets .096 .102
Tangible Equity/Tangible Assets .084 .095
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 56,593 60,948
Tier 2 Capital 4,569 6,442
Total Capital 61,162 67,368
Total Risk Weighted Assets 363,777 453,676
Leverage Ratio 8.51 9.371
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 15.56 13.408
Total Capital Ratio 16.81 14.823

Timeline for Bank Of Granite

Communityone Bank, National Association

Bank Of Granite was acquired by Communityone Bank, National Association 10 years

View Profile Jun 08 2013

First Commerce Bank

Acquisition: Bank Of Granite acquired a new subsidiary, First Commerce Bank, 20 years

View Profile Jul 25 2003

Bank Of Granite Corporation

Bank Of Granite Corporation became a new parent organization for Bank Of Granite.

View Profile May 29 1987

Bank Of Granite

Bank Of Granite was established 118 years ago and is currently headquartered in Charlotte, NC.

Jan 01 1906
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Communityone Bank, National Association Buyer 2,344,451 Pooling of Interests Discontinued 6/8/2013
First Commerce Bank Seller 188,844 Acquisition Discontinued 7/25/2003
Relationships Role Relationship Start Relationship End
Bank Of Granite Corporation Parent 5/29/1987 6/7/2013
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