Call reports 2007
ASCEND BANK — 2007
What ASCEND BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 426,096,000 | 434,874,000 | 426,124,000 | 433,010,000 |
| Total loans | 297,058,000 | 298,245,000 | 308,644,000 | 318,981,000 |
| Allowance for loan losses | 3,092,000 | 3,100,000 | 3,100,000 | 3,100,000 |
| Securities available for sale | 83,507,000 | 92,036,000 | 88,417,000 | 81,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,474,000 | 369,799,000 | 358,315,000 | 353,464,000 |
| Interest-bearing deposits | 337,264,000 | 344,119,000 | 335,025,000 | 332,440,000 |
| Noninterest-bearing deposits | 24,210,000 | 25,680,000 | 23,290,000 | 21,024,000 |
| Equity capital | 55,554,000 | 55,701,000 | 56,413,000 | 57,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,623,000 | 11,597,000 | 17,512,000 | 23,532,000 |
| Interest expense | 2,749,000 | 5,806,000 | 8,936,000 | 12,027,000 |
| Net interest income | 2,874,000 | 5,791,000 | 8,576,000 | 11,505,000 |
| Noninterest income | 232,000 | 517,000 | 814,000 | 1,127,000 |
| Noninterest expense | 2,863,000 | 5,540,000 | 8,301,000 | 11,048,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 2,000 |
| Pretax income | 243,000 | 773,000 | 1,092,000 | 1,452,000 |
| Income tax | 81,000 | 243,000 | 340,000 | 119,000 |
| Net income | 162,000 | 530,000 | 752,000 | 1,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,987,000 | 55,356,000 | 55,578,000 | 56,159,000 |
| Total capital | 58,544,000 | 58,839,000 | 59,112,000 | 59,711,000 |
| Risk-weighted assets | 247,245,000 | 246,098,000 | 252,737,000 | 259,168,000 |