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Bank of Granite Corporation (GRAN)On Jan 7: 0.66   0.00 (0.00%)  
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Bank of Granite Corporation
PO Box 128
23 North Main Street
Granite Falls, NC 28630
United States - Map
Phone: 828-496-2000
Fax: 828-496-2116
Web Site: http://www.bankofgranite.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:335

BUSINESS SUMMARY 
Bank of Granite Corporation operates as the bank holding company for Bank of Granite that provides community banking services to individual and business customers in the western part of North Carolina. It offers deposit products, such as interest-bearing and non-interest-bearing demand deposits, savings accounts, NOW accounts, money market accounts, time deposits, and certificates of deposit; and real estate, agricultural, construction, financial, commercial or business related, and consumer loans. The company, through its subsidiary, Granite Mortgage, Inc., engages in the origination and sale of residential and real estate mortgage loans to individuals. It specializes in government guaranteed mortgage products. As of May 7, 2009, Bank of Granite Corporation operated 22 full-service banking offices in Burke, Caldwell, Catawba, Forsyth, Iredell, Mecklenburg, Watauga, and Wilkes counties, as well as a loan production office in Guilford county. The company was founded in 1906 and is headquartered in Granite Falls, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    Bank of Granite Corporation's Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 89.5% of CGQ Universe companies and 79.4% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. R. Scott Anderson , 54
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Bank of Granite and Pres of Bank of Granite
    $ 225.00K $ 0
    Mr. Jerry A. Felts , 69
    Chief Operating Officer, Chief Financial Officer and Chief Operating Officer of Bank of Granite
    $ 254.00K $ 0
    Mr. Jefferson C. Easley , 47
    Chief Credit Officer of Bank of Granite and Sr. VP of Bank of Granite
    $ 205.00K $ 0
    Mr. Samuel M. Black , 55
    Sr. VP of Bank of Grainte and Metro Regional Exec. of Bank of Grainte
    $ 181.00K $ 0
    Mr. Gary L. Lackey , 59
    Chief Exec. Officer of Granite Mortgage Inc., Pres of Granite Mortgage Inc. of Granite Mortgage Inc
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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