Call reports 2002
ASHEVILLE SAVINGS BANK, SSB — 2002
What ASHEVILLE SAVINGS BANK, SSB reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 424,671,000 | 432,857,000 | 450,546,000 | 460,724,000 |
| Total loans | 366,517,000 | 381,856,000 | 384,675,000 | 379,394,000 |
| Allowance for loan losses | 3,266,000 | 3,515,000 | 3,646,000 | 3,745,000 |
| Securities available for sale | 7,568,000 | 8,193,000 | 9,780,000 | 10,164,000 |
| Securities held to maturity | 16,652,000 | 13,989,000 | 15,906,000 | 26,910,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,624,000 | 363,922,000 | 370,706,000 | 379,658,000 |
| Interest-bearing deposits | 351,686,000 | 356,391,000 | 362,093,000 | 370,948,000 |
| Noninterest-bearing deposits | 5,938,000 | 7,531,000 | 8,613,000 | 8,710,000 |
| Equity capital | 43,215,000 | 44,587,000 | 46,156,000 | 47,356,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 7,066,000 | 14,215,000 | 21,430,000 | 28,488,000 |
| Interest expense | 3,164,000 | 6,060,000 | 8,833,000 | 11,515,000 |
| Net interest income | 3,902,000 | 8,155,000 | 12,597,000 | 16,973,000 |
| Noninterest income | 1,131,000 | 2,396,000 | 3,755,000 | 5,286,000 |
| Noninterest expense | 2,977,000 | 6,060,000 | 9,142,000 | 12,974,000 |
| Provision for loan losses | 189,000 | 587,000 | 901,000 | 1,173,000 |
| Pretax income | 1,867,000 | 3,904,000 | 6,309,000 | 8,112,000 |
| Income tax | 691,000 | 1,445,000 | 2,313,000 | 2,926,000 |
| Net income | 1,176,000 | 2,459,000 | 3,996,000 | 5,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,173,000 | 44,457,000 | 45,994,000 | 47,183,000 |
| Total capital | 46,439,000 | 47,955,000 | 49,578,000 | 50,928,000 |
| Risk-weighted assets | 265,366,000 | 279,824,000 | 286,624,000 | 303,165,000 |