Call reports 2001
BANK OF ASHEVILLE, THE — 2001
What BANK OF ASHEVILLE, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 79,238,000 | 80,340,000 | 83,917,000 | 80,652,000 |
| Total loans | 63,330,000 | 63,513,000 | 63,141,000 | 65,231,000 |
| Allowance for loan losses | 949,000 | 919,000 | 848,000 | 978,000 |
| Securities available for sale | 2,042,000 | 5,061,000 | 5,149,000 | 6,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,375,000 | 72,176,000 | 75,366,000 | 72,237,000 |
| Interest-bearing deposits | 60,426,000 | 60,339,000 | 63,438,000 | 57,889,000 |
| Noninterest-bearing deposits | 10,949,000 | 11,837,000 | 11,928,000 | 14,348,000 |
| Equity capital | 7,369,000 | 7,540,000 | 7,735,000 | 7,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,643,000 | 3,216,000 | 4,688,000 | 6,132,000 |
| Interest expense | 751,000 | 1,483,000 | 2,168,000 | 2,743,000 |
| Net interest income | 892,000 | 1,733,000 | 2,520,000 | 3,389,000 |
| Noninterest income | 186,000 | 463,000 | 770,000 | 1,187,000 |
| Noninterest expense | 722,000 | 1,461,000 | 2,202,000 | 2,968,000 |
| Provision for loan losses | 114,000 | 218,000 | 323,000 | 550,000 |
| Pretax income | 242,000 | 517,000 | 765,000 | 1,058,000 |
| Income tax | 99,000 | 214,000 | 313,000 | 434,000 |
| Net income | 143,000 | 303,000 | 452,000 | 624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,361,000 | 7,521,000 | 7,670,000 | 7,841,000 |
| Total capital | 8,097,000 | 8,293,000 | 8,446,000 | 8,635,000 |
| Risk-weighted assets | 58,680,000 | 61,612,000 | 61,894,000 | 63,353,000 |