Call reports 2008
ASHEVILLE SAVINGS BANK, SSB — 2008
What ASHEVILLE SAVINGS BANK, SSB reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 668,748,000 | 651,724,000 | 692,381,000 | 705,712,000 |
| Total loans | 536,511,000 | 557,431,000 | 580,730,000 | 595,268,000 |
| Allowance for loan losses | 5,150,000 | 5,617,000 | 5,396,000 | 6,403,000 |
| Securities available for sale | 40,758,000 | 39,689,000 | 37,348,000 | 37,362,000 |
| Securities held to maturity | 6,474,000 | 6,094,000 | 5,758,000 | 5,442,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 537,551,000 | 522,175,000 | 513,404,000 | 537,519,000 |
| Interest-bearing deposits | 503,555,000 | 482,960,000 | 472,846,000 | 498,723,000 |
| Noninterest-bearing deposits | 33,995,000 | 39,215,000 | 40,558,000 | 38,796,000 |
| Equity capital | 72,107,000 | 72,088,000 | 72,606,000 | 69,922,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,503,000 | 18,553,000 | 27,773,000 | 36,860,000 |
| Interest expense | 4,823,000 | 9,104,000 | 12,831,000 | 16,745,000 |
| Net interest income | 4,680,000 | 9,449,000 | 14,942,000 | 20,115,000 |
| Noninterest income | 1,386,000 | 2,799,000 | 3,993,000 | 5,207,000 |
| Noninterest expense | 4,605,000 | 9,443,000 | 13,976,000 | 18,459,000 |
| Provision for loan losses | 238,000 | 950,000 | 1,629,000 | 3,049,000 |
| Pretax income | 1,223,000 | 1,855,000 | 3,330,000 | 3,814,000 |
| Income tax | 441,000 | 668,000 | 1,199,000 | 1,382,000 |
| Net income | 782,000 | 1,187,000 | 2,131,000 | 2,432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,792,000 | 73,183,000 | 74,128,000 | 74,439,000 |
| Total capital | 77,942,000 | 78,800,000 | 79,524,000 | 80,842,000 |
| Risk-weighted assets | 480,910,000 | 498,857,000 | 522,884,000 | 542,871,000 |