- Amended Statement of Ownership (SC 13G/A)

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G/A

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c) and (d)
and Amendments Thereto Filed Pursuant to Rule 13d-2.

Under the Securities Exchange Act of 1934
(Amendment No. 6)*

Bank of Granite Corporation

(Name of Issuer)

Common Stock, $1.00 par value per share

(Title of Class of Securities)

062401 10 4

(CUSIP Number)

December 31, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

þ Rule 13d-1(c)

o Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of the Act, but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13G


CUSIP No.		062401 10 4		Page		2		of		9


1	NAME OF REPORTING PERSON/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) John A. Forlines, Jr., Revocable Trust under Agreement dated January 15, 1992, as restated by Sixth Amendment dated June 15, 2010


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	North Carolina

		5	SOLE VOTING POWER

NUMBER OF			799,639

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			None

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			799,639

WITH		8	SHARED DISPOSITIVE POWER

			None

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	799,639

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	5.17%

12	TYPE OF REPORTING PERSON

	00


CUSIP No.		062401 10 4		Page		3		of		9


1	NAME OF REPORTING PERSON/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) John A. Forlines, III


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

		5	SOLE VOTING POWER

NUMBER OF			799,639

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			None

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			799,639

WITH		8	SHARED DISPOSITIVE POWER

			None

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	799,639

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	5.17%

12	TYPE OF REPORTING PERSON

	IN

Page 4 of 9

Item 1(a)		Name of Issuer:

		Bank of Granite Corporation

Item 1(b)		Address of Issuer’s Principal Executive Offices:

		23 North Main Street

		Granite Falls, North Carolina 28630

Item 2(a)		Name of Person Filing:

		John A. Forlines, Jr., Revocable Trust under Agreement dated January 15, 1992, as restated by Sixth Amendment dated June 15, 2010

Item 2(b)		Address of Principal Business Office or, if None, Residence:

		P.O. Box 737 Locust Valley, New York 11560

Item 2(c)		Citizenship:

		North Carolina

Item 2(d)		Title of Class of Securities

		Common Stock, $1.00 par value per share

Item 2(e)		CUSIP Number

		062401 10 4

Item 3		None

Item 4.		Ownership:

The securities reported herein are beneficially owned by the John A. Forlines, Jr. Revocable Trust under Agreement dated January 15, 1992, as restated by Sixth Amendment dated June 15, 2010 (the “Trust”) and by John A. Forlines, III, in his capacity as Successor Trustee under the Trust. The reported shares were previously beneficially owned by John A. Forlines, Jr., who died on July 6, 2010.

	(a)		Amount Beneficially Owned: 799,639 shares of Common Stock

	(b)		Percent of Class: 5.17%

	(c)		Number of shares to which the person has:

	(i)		Sole power to vote or to direct the vote: 799,639 shares of Common Stock

	(ii)		Shared power to vote or to direct the vote: No shares of Common Stock

	(iii)		Sole power to dispose or to direct the disposition of: 799,639 shares of Common Stock

	(iv)		Shared power to dispose or to direct the disposition of: No shares of Common Stock

Item 5.

Ownership of Five Percent or Less of a Class:

Page 5 of 9

		Not applicable.

Item 6.		Ownership of More than Five Percent on Behalf of Another Person:

		Not applicable.

Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

		Not applicable.

Item 8.		Identification and Classification of Members of the Group:

		Not applicable.

Item 9.		Notice of Dissolution of Group:

		Not applicable.

Item 10.		Certification:

		By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Page 6 of 9

Item 1(a)		Name of Issuer:

		Bank of Granite Corporation

Item 1(b)		Address of Issuer’s Principal Executive Offices:

		23 North Main Street

		Granite Falls, North Carolina 28630

Item 2(a)		Name of Person Filing:

		John A. Forlines, III

Item 2(b)		Address of Principal Business Office or, if None, Residence:

		P.O. Box 737

		Locust Valley, New York 11560

Item 2(c)		Citizenship:

		United States

Item 2(d)		Title of Class of Securities

		Common Stock, $1.00 par value per share

Item 2(e)		CUSIP Number

		062401 10 4

Item 3		None

Item 4.		Ownership:

	(a)		Amount Beneficially Owned: 799,639 shares of Common Stock

	(b)		Percent of Class: 5.17%

	(c)		Number of shares to which the person has:

	(i)		Sole power to vote or to direct the vote: 799,639 shares of Common Stock

	(ii)		Shared power to vote or to direct the vote: No shares of Common Stock

	(iii)		Sole power to dispose or to direct the disposition of: 799,639 shares of Common Stock

	(iv)		Shared power to dispose or to direct the disposition of: No shares of Common Stock

Item 5.

Ownership of Five Percent or Less of a Class:

Page 7 of 9

		Not applicable.

Item 6.		Ownership of More than Five Percent on Behalf of Another Person:

		Not applicable.

Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

		Not applicable.

Item 8.		Identification and Classification of Members of the Group:

		Not applicable.

Item 9.		Notice of Dissolution of Group:

		Not applicable.

Item 10.		Certification:

		By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Page 8 of 9

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


	Date: April 4, 2011 John A. Forlines, Jr., Revocable Trust under Agreement dated January 15, 1992, as restated by Sixth Amendment dated June 15, 2010
	By:	/s/ John A. Forlines, III, Successor Trustee
		John A. Forlines, III, Successor Trustee


	Date: April 4, 2011
	/s/ John A. Forlines, III
	John A. Forlines, III