Call reports 2004
BANK OF ASHEVILLE, THE — 2004
What BANK OF ASHEVILLE, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 115,544,000 | 120,316,000 | 127,751,000 | 130,724,000 |
| Total loans | 78,714,000 | 76,954,000 | 82,042,000 | 84,852,000 |
| Allowance for loan losses | 1,256,000 | 1,425,000 | 1,518,000 | 1,608,000 |
| Securities available for sale | 18,493,000 | 23,125,000 | 23,325,000 | 23,107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,123,000 | 103,595,000 | 112,022,000 | 114,843,000 |
| Interest-bearing deposits | 82,223,000 | 86,509,000 | 93,283,000 | 95,166,000 |
| Noninterest-bearing deposits | 15,900,000 | 17,086,000 | 18,739,000 | 19,677,000 |
| Equity capital | 12,976,000 | 12,810,000 | 13,163,000 | 13,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,468,000 | 2,908,000 | 4,431,000 | 6,036,000 |
| Interest expense | 286,000 | 609,000 | 952,000 | 1,324,000 |
| Net interest income | 1,182,000 | 2,299,000 | 3,479,000 | 4,712,000 |
| Noninterest income | 372,000 | 757,000 | 1,079,000 | 1,432,000 |
| Noninterest expense | 1,004,000 | 1,961,000 | 3,036,000 | 4,021,000 |
| Provision for loan losses | 323,000 | 613,000 | 740,000 | 1,010,000 |
| Pretax income | 259,000 | 514,000 | 814,000 | 1,145,000 |
| Income tax | 90,000 | 183,000 | 299,000 | 405,000 |
| Net income | 169,000 | 331,000 | 515,000 | 740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,971,000 | 13,083,000 | 13,216,000 | 13,377,000 |
| Total capital | 14,032,000 | 14,145,000 | 14,337,000 | 14,525,000 |
| Risk-weighted assets | 84,676,000 | 84,617,000 | 89,275,000 | 91,369,000 |