Call reports 2002
ASCEND BANK — 2002
What ASCEND BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 321,206,000 | 343,004,000 | 352,350,000 | 364,438,000 |
| Total loans | 220,657,000 | 225,342,000 | 224,492,000 | 228,692,000 |
| Allowance for loan losses | 2,993,000 | 2,993,000 | 2,998,000 | 2,998,000 |
| Securities available for sale | 71,461,000 | 77,444,000 | 83,412,000 | 97,723,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,960,000 | 295,060,000 | 303,269,000 | 314,481,000 |
| Interest-bearing deposits | 256,888,000 | 276,013,000 | 285,460,000 | 296,033,000 |
| Noninterest-bearing deposits | 17,072,000 | 19,047,000 | 17,809,000 | 18,448,000 |
| Equity capital | 44,637,000 | 45,360,000 | 46,296,000 | 47,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,916,000 | 9,843,000 | 14,851,000 | 19,880,000 |
| Interest expense | 1,964,000 | 3,896,000 | 5,834,000 | 7,705,000 |
| Net interest income | 2,952,000 | 5,947,000 | 9,017,000 | 12,175,000 |
| Noninterest income | 151,000 | 310,000 | 449,000 | 687,000 |
| Noninterest expense | 1,766,000 | 3,973,000 | 5,777,000 | 7,711,000 |
| Provision for loan losses | 74,000 | 74,000 | 92,000 | 92,000 |
| Pretax income | 1,269,000 | 2,216,000 | 3,603,000 | 4,582,000 |
| Income tax | 457,000 | 809,000 | 1,341,000 | 1,693,000 |
| Net income | 812,000 | 1,407,000 | 2,262,000 | 2,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,825,000 | 44,420,000 | 45,088,000 | 45,902,000 |
| Total capital | 46,246,000 | 46,813,000 | 47,438,000 | 48,389,000 |
| Risk-weighted assets | 183,178,000 | 188,753,000 | 187,283,000 | 193,737,000 |