Call reports 2004
ASHEVILLE SAVINGS BANK, SSB — 2004
What ASHEVILLE SAVINGS BANK, SSB reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 504,272,000 | 528,446,000 | 542,063,000 | 545,335,000 |
| Total loans | 432,272,000 | 445,656,000 | 459,861,000 | 457,128,000 |
| Allowance for loan losses | 3,812,000 | 3,676,000 | 3,875,000 | 3,870,000 |
| Securities available for sale | 19,977,000 | 20,875,000 | 20,109,000 | 19,038,000 |
| Securities held to maturity | 22,982,000 | 20,694,000 | 19,489,000 | 18,415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,631,000 | 414,528,000 | 421,109,000 | 421,154,000 |
| Interest-bearing deposits | 389,144,000 | 397,874,000 | 404,283,000 | 405,502,000 |
| Noninterest-bearing deposits | 12,487,000 | 16,654,000 | 16,825,000 | 15,652,000 |
| Equity capital | 52,639,000 | 53,454,000 | 54,820,000 | 56,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 6,466,000 | 12,923,000 | 19,689,000 | 26,514,000 |
| Interest expense | 2,040,000 | 4,060,000 | 6,218,000 | 8,453,000 |
| Net interest income | 4,426,000 | 8,863,000 | 13,471,000 | 18,061,000 |
| Noninterest income | 1,147,000 | 2,476,000 | 3,745,000 | 5,078,000 |
| Noninterest expense | 3,548,000 | 7,166,000 | 10,754,000 | 14,304,000 |
| Provision for loan losses | 374,000 | 770,000 | 1,129,000 | 1,758,000 |
| Pretax income | 1,651,000 | 3,403,000 | 5,333,000 | 7,077,000 |
| Income tax | 627,000 | 1,296,000 | 2,039,000 | 2,711,000 |
| Net income | 1,024,000 | 2,107,000 | 3,294,000 | 4,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,608,000 | 53,679,000 | 54,877,000 | 56,204,000 |
| Total capital | 56,420,000 | 57,355,000 | 58,752,000 | 60,074,000 |
| Risk-weighted assets | 362,884,000 | 377,034,000 | 390,123,000 | 390,440,000 |