Call reports 2011
ASCEND BANK — 2011
What ASCEND BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 505,914,000 | 519,101,000 | 516,031,000 | 519,149,000 |
| Total loans | 349,062,000 | 349,773,000 | 346,387,000 | 338,863,000 |
| Allowance for loan losses | 3,379,000 | 3,387,000 | 3,501,000 | 3,482,000 |
| Securities available for sale | 108,581,000 | 118,696,000 | 116,612,000 | 119,265,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 413,726,000 | 423,291,000 | 421,176,000 | 424,670,000 |
| Interest-bearing deposits | 377,082,000 | 382,593,000 | 382,963,000 | 382,926,000 |
| Noninterest-bearing deposits | 36,644,000 | 40,698,000 | 38,213,000 | 41,744,000 |
| Equity capital | 64,331,000 | 65,929,000 | 67,465,000 | 68,960,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,506,000 | 10,944,000 | 16,268,000 | 21,515,000 |
| Interest expense | 1,171,000 | 2,320,000 | 3,462,000 | 4,550,000 |
| Net interest income | 4,335,000 | 8,624,000 | 12,806,000 | 16,965,000 |
| Noninterest income | 451,000 | 925,000 | 1,449,000 | 1,843,000 |
| Noninterest expense | 3,350,000 | 6,966,000 | 10,805,000 | 13,941,000 |
| Provision for loan losses | 0 | 25,000 | 76,000 | 151,000 |
| Pretax income | 1,636,000 | 2,758,000 | 4,267,000 | 5,626,000 |
| Income tax | 543,000 | 812,000 | 1,256,000 | 1,607,000 |
| Net income | 1,093,000 | 1,946,000 | 3,011,000 | 4,019,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,762,000 | 65,615,000 | 65,298,000 | 66,496,000 |
| Total capital | 68,303,000 | 69,199,000 | 68,799,000 | 69,978,000 |
| Risk-weighted assets | 287,240,000 | 291,143,000 | 290,562,000 | 285,072,000 |