Call reports 2002
BANK OF ASHEVILLE, THE — 2002
What BANK OF ASHEVILLE, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 85,093,000 | 88,926,000 | 91,346,000 | 97,678,000 |
| Total loans | 66,485,000 | 65,591,000 | 65,468,000 | 67,978,000 |
| Allowance for loan losses | 998,000 | 985,000 | 992,000 | 1,020,000 |
| Securities available for sale | 6,062,000 | 6,180,000 | 10,438,000 | 12,557,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,621,000 | 78,768,000 | 82,277,000 | 88,561,000 |
| Interest-bearing deposits | 60,493,000 | 65,606,000 | 67,195,000 | 71,674,000 |
| Noninterest-bearing deposits | 16,128,000 | 13,162,000 | 15,082,000 | 16,887,000 |
| Equity capital | 8,020,000 | 8,200,000 | 8,396,000 | 8,580,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,345,000 | 2,684,000 | 4,103,000 | 5,562,000 |
| Interest expense | 425,000 | 876,000 | 1,348,000 | 1,774,000 |
| Net interest income | 920,000 | 1,808,000 | 2,755,000 | 3,788,000 |
| Noninterest income | 388,000 | 812,000 | 1,240,000 | 1,613,000 |
| Noninterest expense | 836,000 | 1,827,000 | 2,670,000 | 3,435,000 |
| Provision for loan losses | 203,000 | 292,000 | 538,000 | 878,000 |
| Pretax income | 269,000 | 532,000 | 818,000 | 1,119,000 |
| Income tax | 103,000 | 190,000 | 306,000 | 411,000 |
| Net income | 166,000 | 342,000 | 512,000 | 708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,007,000 | 8,184,000 | 8,353,000 | 8,549,000 |
| Total capital | 8,821,000 | 9,011,000 | 9,179,000 | 9,421,000 |
| Risk-weighted assets | 64,963,000 | 66,037,000 | 65,968,000 | 69,639,000 |