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Bank of Granite Corporation - Company Profile Snapshot

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Company Profile: Bank of Granite Corporation
Ticker: GRAN
Exchanges: NAS
2008 Sales: 79,238,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 274

Business Description
Bank of Granite Corporation. The Group's principal activities are that of a commercial bank. The Group accepts demand, savings and money market deposit accounts and provides real estate construction, mortgage, commercial, financial, agricultural and consumer loans. The Group conducts its business through three reportable business segments: Community Banking, Mortgage Banking and Other. The Group operates twenty-two full-service banking offices located in Burke, Caldwell, Catawba, Forsyth, Iredell, Mecklenburg, Watauga, and Wilkes in North Carolina. The mortgage banking business is conducted through 13 offices in the Cumberland, Guilford and Rowan counties in North Carolina. The Group's majority of customers are individuals and small businesses.

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