Call reports 2003
BANK OF ASHEVILLE, THE — 2003
What BANK OF ASHEVILLE, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 99,838,000 | 105,028,000 | 104,191,000 | 108,933,000 |
| Total loans | 67,511,000 | 69,923,000 | 68,452,000 | 74,753,000 |
| Allowance for loan losses | 1,020,000 | 1,059,000 | 1,195,000 | 1,174,000 |
| Securities available for sale | 13,566,000 | 16,541,000 | 18,945,000 | 18,512,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,657,000 | 93,638,000 | 92,752,000 | 93,666,000 |
| Interest-bearing deposits | 72,184,000 | 77,840,000 | 76,585,000 | 75,694,000 |
| Noninterest-bearing deposits | 18,473,000 | 15,798,000 | 16,167,000 | 17,972,000 |
| Equity capital | 8,682,000 | 8,854,000 | 8,843,000 | 12,772,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,305,000 | 2,638,000 | 3,988,000 | 5,351,000 |
| Interest expense | 380,000 | 765,000 | 1,078,000 | 1,359,000 |
| Net interest income | 925,000 | 1,873,000 | 2,910,000 | 3,992,000 |
| Noninterest income | 306,000 | 753,000 | 1,198,000 | 1,590,000 |
| Noninterest expense | 760,000 | 1,653,000 | 2,456,000 | 3,387,000 |
| Provision for loan losses | 355,000 | 643,000 | 1,098,000 | 1,406,000 |
| Pretax income | 116,000 | 375,000 | 599,000 | 834,000 |
| Income tax | 40,000 | 142,000 | 231,000 | 293,000 |
| Net income | 76,000 | 233,000 | 368,000 | 541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,626,000 | 8,783,000 | 8,918,000 | 12,853,000 |
| Total capital | 9,514,000 | 9,707,000 | 9,843,000 | 13,855,000 |
| Risk-weighted assets | 70,892,000 | 73,976,000 | 73,714,000 | 79,966,000 |