Call reports 2004
ASCEND BANK — 2004
What ASCEND BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 377,781,000 | 381,839,000 | 376,521,000 | 379,622,000 |
| Total loans | 241,507,000 | 240,712,000 | 242,311,000 | 251,869,000 |
| Allowance for loan losses | 3,098,000 | 3,098,000 | 3,098,000 | 3,093,000 |
| Securities available for sale | 107,147,000 | 108,865,000 | 100,953,000 | 100,625,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,003,000 | 327,698,000 | 321,628,000 | 324,301,000 |
| Interest-bearing deposits | 299,258,000 | 303,210,000 | 294,738,000 | 299,632,000 |
| Noninterest-bearing deposits | 23,745,000 | 24,488,000 | 26,890,000 | 24,669,000 |
| Equity capital | 50,516,000 | 50,104,000 | 51,002,000 | 51,353,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,354,000 | 8,762,000 | 13,062,000 | 17,433,000 |
| Interest expense | 1,486,000 | 2,915,000 | 4,319,000 | 5,842,000 |
| Net interest income | 2,868,000 | 5,847,000 | 8,743,000 | 11,591,000 |
| Noninterest income | 218,000 | 432,000 | 634,000 | 820,000 |
| Noninterest expense | 2,070,000 | 4,292,000 | 6,407,000 | 8,659,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,016,000 | 1,979,000 | 2,962,000 | 3,744,000 |
| Income tax | 375,000 | 727,000 | 1,085,000 | 1,329,000 |
| Net income | 641,000 | 1,252,000 | 1,877,000 | 2,415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,598,000 | 50,209,000 | 50,835,000 | 51,372,000 |
| Total capital | 52,323,000 | 52,879,000 | 53,514,000 | 54,201,000 |
| Risk-weighted assets | 202,064,000 | 200,761,000 | 198,638,000 | 206,430,000 |