Call reports 2003
ASCEND BANK — 2003
What ASCEND BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 372,829,000 | 383,375,000 | 380,939,000 | 381,502,000 |
| Total loans | 226,449,000 | 229,254,000 | 236,518,000 | 236,869,000 |
| Allowance for loan losses | 3,071,000 | 3,073,000 | 3,073,000 | 3,075,000 |
| Securities available for sale | 99,839,000 | 112,538,000 | 113,791,000 | 114,628,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,902,000 | 331,435,000 | 328,494,000 | 328,274,000 |
| Interest-bearing deposits | 301,657,000 | 307,886,000 | 303,837,000 | 304,142,000 |
| Noninterest-bearing deposits | 20,245,000 | 23,549,000 | 24,657,000 | 24,132,000 |
| Equity capital | 47,949,000 | 48,970,000 | 49,368,000 | 49,693,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,747,000 | 9,425,000 | 13,916,000 | 18,399,000 |
| Interest expense | 1,775,000 | 3,420,000 | 5,038,000 | 6,602,000 |
| Net interest income | 2,972,000 | 6,005,000 | 8,878,000 | 11,797,000 |
| Noninterest income | 290,000 | 571,000 | 861,000 | 1,083,000 |
| Noninterest expense | 1,914,000 | 3,948,000 | 5,832,000 | 8,054,000 |
| Provision for loan losses | 73,000 | 73,000 | 72,000 | 72,000 |
| Pretax income | 1,277,000 | 2,558,000 | 3,838,000 | 4,769,000 |
| Income tax | 454,000 | 921,000 | 1,401,000 | 1,714,000 |
| Net income | 823,000 | 1,637,000 | 2,437,000 | 3,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,725,000 | 47,539,000 | 48,339,000 | 48,957,000 |
| Total capital | 49,226,000 | 50,140,000 | 50,962,000 | 51,629,000 |
| Risk-weighted assets | 195,201,000 | 195,937,000 | 198,842,000 | 200,047,000 |