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for Bankers--Granite Falls
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John Forlines, CEO of Bank of Granite Corp., is retiring after fifty years on the job. Forlines, 86, took the bank from one office in the foothills of Western North Carolina with five employees and $1 million in assets to one with nineteen offices with over 250 employees and $1 billion in assets.
The Bank of Granite is a home-owned bank with headquarters in Granite Falls. John A. Forlines Jr., president of the bank, took over the bank's management in 1954. Total bank resources at that time were just over $1 million. Today's the bank's capital account totals almost $2 million with resources almost $17 million.