Call reports 2007
BANK OF ASHEVILLE, THE — 2007
What BANK OF ASHEVILLE, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 166,804,000 | 164,146,000 | 170,127,000 | 174,019,000 |
| Total loans | 125,722,000 | 123,200,000 | 129,953,000 | 135,734,000 |
| Allowance for loan losses | 1,888,000 | 1,930,000 | 1,969,000 | 2,090,000 |
| Securities available for sale | 27,096,000 | 25,777,000 | 27,051,000 | 26,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,863,000 | 141,817,000 | 146,871,000 | 150,194,000 |
| Interest-bearing deposits | 116,647,000 | 112,728,000 | 115,977,000 | 121,723,000 |
| Noninterest-bearing deposits | 28,216,000 | 29,089,000 | 30,894,000 | 28,471,000 |
| Equity capital | 16,500,000 | 16,667,000 | 17,432,000 | 18,065,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,094,000 | 6,301,000 | 9,616,000 | 12,901,000 |
| Interest expense | 1,192,000 | 2,438,000 | 3,731,000 | 5,019,000 |
| Net interest income | 1,902,000 | 3,863,000 | 5,885,000 | 7,882,000 |
| Noninterest income | 374,000 | 783,000 | 1,190,000 | 1,644,000 |
| Noninterest expense | 1,388,000 | 2,796,000 | 4,189,000 | 5,658,000 |
| Provision for loan losses | 18,000 | 88,000 | 225,000 | 407,000 |
| Pretax income | 870,000 | 1,762,000 | 2,660,000 | 3,462,000 |
| Income tax | 305,000 | 623,000 | 940,000 | 1,188,000 |
| Net income | 565,000 | 1,139,000 | 1,720,000 | 2,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,611,000 | 17,099,000 | 17,585,000 | 18,051,000 |
| Total capital | 18,264,000 | 18,707,000 | 19,297,000 | 19,888,000 |
| Risk-weighted assets | 131,971,000 | 128,299,000 | 136,648,000 | 146,731,000 |