Call reports 2008
ASCEND BANK — 2008
What ASCEND BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 456,351,000 | 453,447,000 | 461,496,000 | 473,091,000 |
| Total loans | 324,604,000 | 341,997,000 | 347,440,000 | 352,882,000 |
| Allowance for loan losses | 3,089,000 | 3,096,000 | 3,095,000 | 3,143,000 |
| Securities available for sale | 77,261,000 | 69,984,000 | 69,445,000 | 77,159,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 367,711,000 | 364,211,000 | 372,693,000 | 384,996,000 |
| Interest-bearing deposits | 344,613,000 | 338,504,000 | 363,426,000 | 375,241,000 |
| Noninterest-bearing deposits | 23,099,000 | 25,707,000 | 9,267,000 | 9,755,000 |
| Equity capital | 58,287,000 | 58,326,000 | 56,456,000 | 56,192,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,931,000 | 11,838,000 | 17,768,000 | 23,806,000 |
| Interest expense | 2,950,000 | 5,564,000 | 8,037,000 | 10,535,000 |
| Net interest income | 2,981,000 | 6,274,000 | 9,731,000 | 13,271,000 |
| Noninterest income | 1,063,000 | 1,532,000 | 1,959,000 | 2,364,000 |
| Noninterest expense | 2,896,000 | 5,693,000 | 8,653,000 | 11,653,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 1,148,000 | 1,956,000 | 701,000 | 1,446,000 |
| Income tax | 138,000 | 428,000 | -326,000 | -102,000 |
| Net income | 1,010,000 | 1,528,000 | 1,027,000 | 1,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,168,000 | 57,686,000 | 56,622,000 | 56,275,000 |
| Total capital | 60,538,000 | 61,113,000 | 59,717,000 | 59,418,000 |
| Risk-weighted assets | 254,058,000 | 271,464,000 | 276,098,000 | 279,123,000 |