Call reports 2008
BANK OF ASHEVILLE, THE — 2008
What BANK OF ASHEVILLE, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 180,713,000 | 182,677,000 | 192,833,000 | 202,627,000 |
| Total loans | 137,193,000 | 148,338,000 | 157,724,000 | 171,240,000 |
| Allowance for loan losses | 2,111,000 | 2,252,000 | 2,355,000 | 2,530,000 |
| Securities available for sale | 26,494,000 | 25,076,000 | 23,681,000 | 23,778,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,212,000 | 156,228,000 | 167,539,000 | 171,835,000 |
| Interest-bearing deposits | 129,438,000 | 131,433,000 | 140,285,000 | 149,200,000 |
| Noninterest-bearing deposits | 26,774,000 | 24,795,000 | 27,254,000 | 22,635,000 |
| Equity capital | 18,663,000 | 18,668,000 | 18,672,000 | 19,411,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,080,000 | 5,976,000 | 9,056,000 | 12,228,000 |
| Interest expense | 1,290,000 | 2,433,000 | 3,573,000 | 4,783,000 |
| Net interest income | 1,790,000 | 3,543,000 | 5,483,000 | 7,445,000 |
| Noninterest income | 390,000 | 771,000 | 1,199,000 | 1,584,000 |
| Noninterest expense | 1,457,000 | 3,004,000 | 4,505,000 | 6,134,000 |
| Provision for loan losses | 37,000 | 188,000 | 509,000 | 711,000 |
| Pretax income | 686,000 | 1,122,000 | 1,668,000 | 2,184,000 |
| Income tax | 235,000 | 371,000 | 550,000 | 766,000 |
| Net income | 451,000 | 751,000 | 1,118,000 | 1,418,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,427,000 | 18,726,000 | 19,093,000 | 19,393,000 |
| Total capital | 20,288,000 | 20,713,000 | 21,211,000 | 21,647,000 |
| Risk-weighted assets | 148,624,000 | 158,653,000 | 169,169,000 | 180,074,000 |