Call reports 2010
ASHEVILLE SAVINGS BANK, SSB — 2010
What ASHEVILLE SAVINGS BANK, SSB reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 761,230,000 | 770,615,000 | 770,293,000 | 750,052,000 |
| Total loans | 588,700,000 | 566,837,000 | 539,066,000 | 508,948,000 |
| Allowance for loan losses | 9,074,000 | 10,097,000 | 16,883,000 | 12,676,000 |
| Securities available for sale | 103,220,000 | 129,306,000 | 165,365,000 | 175,446,000 |
| Securities held to maturity | 6,690,000 | 6,399,000 | 6,183,000 | 5,948,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 618,902,000 | 628,010,000 | 638,104,000 | 620,799,000 |
| Interest-bearing deposits | 575,474,000 | 583,999,000 | 590,055,000 | 573,865,000 |
| Noninterest-bearing deposits | 43,428,000 | 44,011,000 | 48,049,000 | 46,934,000 |
| Equity capital | 74,092,000 | 74,767,000 | 66,995,000 | 62,881,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 8,736,000 | 17,201,000 | 25,375,000 | 32,998,000 |
| Interest expense | 3,051,000 | 5,987,000 | 8,863,000 | 11,443,000 |
| Net interest income | 5,685,000 | 11,214,000 | 16,512,000 | 21,555,000 |
| Noninterest income | 1,509,000 | 3,179,000 | 4,796,000 | 6,494,000 |
| Noninterest expense | 5,149,000 | 10,163,000 | 16,342,000 | 21,960,000 |
| Provision for loan losses | 1,859,000 | 4,471,000 | 18,309,000 | 22,419,000 |
| Pretax income | 672,000 | 539,000 | -12,545,000 | -15,532,000 |
| Income tax | 242,000 | 194,000 | -4,886,000 | -6,074,000 |
| Net income | 430,000 | 345,000 | -7,659,000 | -9,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,410,000 | 76,332,000 | 67,402,000 | 63,377,000 |
| Total capital | 83,340,000 | 83,020,000 | 73,876,000 | 69,542,000 |
| Risk-weighted assets | 554,363,000 | 530,234,000 | 506,943,000 | 485,851,000 |