Call reports 2007
ASHEVILLE SAVINGS BANK, SSB — 2007
What ASHEVILLE SAVINGS BANK, SSB reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 626,068,000 | 633,686,000 | 646,109,000 | 638,751,000 |
| Total loans | 491,265,000 | 492,379,000 | 519,171,000 | 525,204,000 |
| Allowance for loan losses | 4,678,000 | 4,687,000 | 4,997,000 | 5,073,000 |
| Securities available for sale | 23,173,000 | 24,053,000 | 27,472,000 | 26,996,000 |
| Securities held to maturity | 12,091,000 | 11,629,000 | 11,192,000 | 10,856,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 501,034,000 | 506,573,000 | 515,977,000 | 507,480,000 |
| Interest-bearing deposits | 466,784,000 | 473,402,000 | 480,343,000 | 473,778,000 |
| Noninterest-bearing deposits | 34,250,000 | 33,171,000 | 35,634,000 | 33,702,000 |
| Equity capital | 68,003,000 | 69,130,000 | 70,373,000 | 71,059,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 9,344,000 | 19,138,000 | 29,273,000 | 39,271,000 |
| Interest expense | 4,472,000 | 9,257,000 | 14,209,000 | 19,116,000 |
| Net interest income | 4,872,000 | 9,881,000 | 15,064,000 | 20,155,000 |
| Noninterest income | 1,360,000 | 2,836,000 | 4,179,000 | 5,506,000 |
| Noninterest expense | 4,274,000 | 8,670,000 | 13,150,000 | 17,395,000 |
| Provision for loan losses | 153,000 | 290,000 | 708,000 | 932,000 |
| Pretax income | 1,805,000 | 3,757,000 | 5,385,000 | 7,334,000 |
| Income tax | 677,000 | 1,409,000 | 2,020,000 | 2,642,000 |
| Net income | 1,128,000 | 2,348,000 | 3,365,000 | 4,692,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,211,000 | 69,418,000 | 70,443,000 | 72,006,000 |
| Total capital | 72,890,000 | 74,105,000 | 75,440,000 | 77,079,000 |
| Risk-weighted assets | 440,664,000 | 443,012,000 | 464,701,000 | 466,892,000 |