Call reports 2003
ASHEVILLE SAVINGS BANK, SSB — 2003
What ASHEVILLE SAVINGS BANK, SSB reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 477,717,000 | 488,454,000 | 492,322,000 | 493,578,000 |
| Total loans | 386,008,000 | 386,493,000 | 384,715,000 | 413,788,000 |
| Allowance for loan losses | 3,853,000 | 3,911,000 | 3,995,000 | 4,101,000 |
| Securities available for sale | 10,770,000 | 9,824,000 | 25,404,000 | 24,800,000 |
| Securities held to maturity | 22,621,000 | 22,835,000 | 28,446,000 | 26,479,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,904,000 | 404,201,000 | 407,601,000 | 399,013,000 |
| Interest-bearing deposits | 381,559,000 | 392,670,000 | 396,335,000 | 387,881,000 |
| Noninterest-bearing deposits | 12,345,000 | 11,531,000 | 11,266,000 | 11,132,000 |
| Equity capital | 48,003,000 | 49,038,000 | 50,077,000 | 51,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 6,720,000 | 13,278,000 | 19,527,000 | 26,013,000 |
| Interest expense | 2,461,000 | 4,902,000 | 7,285,000 | 9,515,000 |
| Net interest income | 4,259,000 | 8,376,000 | 12,242,000 | 16,498,000 |
| Noninterest income | 1,295,000 | 2,744,000 | 4,226,000 | 5,447,000 |
| Noninterest expense | 3,310,000 | 6,780,000 | 10,004,000 | 13,276,000 |
| Provision for loan losses | 263,000 | 519,000 | 708,000 | 1,041,000 |
| Pretax income | 1,981,000 | 3,821,000 | 5,756,000 | 7,628,000 |
| Income tax | 746,000 | 1,445,000 | 2,204,000 | 2,971,000 |
| Net income | 1,235,000 | 2,376,000 | 3,552,000 | 4,657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,777,000 | 48,917,000 | 50,104,000 | 51,226,000 |
| Total capital | 51,630,000 | 52,828,000 | 54,099,000 | 55,327,000 |
| Risk-weighted assets | 311,159,000 | 315,558,000 | 320,896,000 | 349,092,000 |