Call reports 2010
BANK OF ASHEVILLE, THE — 2010
What BANK OF ASHEVILLE, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 224,242,000 | 213,996,000 | 195,056,000 | 204,925,000 |
| Total loans | 184,067,000 | 170,438,000 | 165,310,000 | 160,563,000 |
| Allowance for loan losses | 3,514,000 | 4,185,000 | 8,450,000 | 8,537,000 |
| Securities available for sale | 24,083,000 | 24,457,000 | 11,631,000 | 9,449,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,056,000 | 201,409,000 | 188,301,000 | 199,394,000 |
| Interest-bearing deposits | 174,400,000 | 176,015,000 | 163,965,000 | 177,850,000 |
| Noninterest-bearing deposits | 23,656,000 | 25,394,000 | 24,336,000 | 21,544,000 |
| Equity capital | 20,336,000 | 6,444,000 | 1,582,000 | 546,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,760,000 | 5,287,000 | 7,771,000 | 9,810,000 |
| Interest expense | 840,000 | 1,616,000 | 2,257,000 | 2,848,000 |
| Net interest income | 1,920,000 | 3,671,000 | 5,514,000 | 6,962,000 |
| Noninterest income | 417,000 | 800,000 | 1,147,000 | 1,518,000 |
| Noninterest expense | 1,844,000 | 3,864,000 | 6,553,000 | 8,815,000 |
| Provision for loan losses | 438,000 | 14,507,000 | 19,004,000 | 19,153,000 |
| Pretax income | 55,000 | -13,900,000 | -18,392,000 | -18,891,000 |
| Income tax | -18,000 | 86,000 | 236,000 | 454,000 |
| Net income | 73,000 | -13,986,000 | -18,628,000 | -19,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,056,000 | 5,997,000 | 1,356,000 | 639,000 |
| Total capital | 22,472,000 | 8,249,000 | 2,712,000 | 1,278,000 |
| Risk-weighted assets | 192,208,000 | 178,226,000 | 165,989,000 | 157,088,000 |