Call reports 2001
ASCEND BANK — 2001
What ASCEND BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 270,677,000 | 289,240,000 | 294,013,000 | 308,776,000 |
| Total loans | 175,987,000 | 184,583,000 | 190,117,000 | 202,522,000 |
| Allowance for loan losses | 2,687,000 | 2,702,000 | 2,753,000 | 2,874,000 |
| Securities available for sale | 70,063,000 | 74,311,000 | 73,020,000 | 77,480,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,947,000 | 244,482,000 | 247,867,000 | 262,105,000 |
| Interest-bearing deposits | 215,128,000 | 228,391,000 | 230,912,000 | 246,853,000 |
| Noninterest-bearing deposits | 10,819,000 | 16,091,000 | 16,955,000 | 15,252,000 |
| Equity capital | 42,306,000 | 42,711,000 | 43,832,000 | 44,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,700,000 | 9,419,000 | 14,169,000 | 18,952,000 |
| Interest expense | 2,432,000 | 4,907,000 | 7,266,000 | 9,380,000 |
| Net interest income | 2,268,000 | 4,512,000 | 6,903,000 | 9,572,000 |
| Noninterest income | 151,000 | 260,000 | 435,000 | 595,000 |
| Noninterest expense | 1,638,000 | 3,372,000 | 5,088,000 | 6,830,000 |
| Provision for loan losses | 78,000 | 84,000 | 84,000 | 199,000 |
| Pretax income | 961,000 | 1,575,000 | 2,425,000 | 3,376,000 |
| Income tax | 348,000 | 569,000 | 875,000 | 1,194,000 |
| Net income | 613,000 | 1,006,000 | 1,550,000 | 2,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,444,000 | 41,837,000 | 42,380,000 | 43,013,000 |
| Total capital | 43,433,000 | 43,951,000 | 44,528,000 | 45,270,000 |
| Risk-weighted assets | 149,536,000 | 157,034,000 | 163,867,000 | 172,838,000 |