Vitals
  • Total Assets
    794.6M 1.6 %
  • Total Deposits
    650.2M 2.7 %
  • Total Net Loans
    604.9M 4.7 %
  • Net Income
    1.5M -61.2 %
  • Book Value
    85.8M 2.0 %
  • Book Value x2
    171.6M 2.0 %
  • Book Value x3
    257.4M 2.0 %
ROAA

.191

ROAE

1.751

Efficiency Ratio

93.819

Net Interest Margin

3.274

Balance Sheet Highlights
Financial Highlights Asheville Savings Bank, S.S.B. All Insured Savings Banks in North Carolina
Balance Sheet $(000)
Total Assets 794,611 217,642
Total Net Loans 604,868 144,664
Total Deposits 650,207 171,818
Total Equity 85,811 30,091
Profitability
Net Income 1,511 1,035
Return on Average Assets .191 .442
Return on Average Equity 1.751 3.23
Net Interest Margin 3.274 3.391
Efficiency Ratio 93.819 81.04
Noninterest Income/Revenue 20.535 11.81
Balance Sheet Ratios
Loan-to-Deposit 93.027 81.903
Securities/Assets .13 .123
Total Equity/Total Assets .108 .138
Tangible Equity/Tangible Assets .108 .138
Capital Adequacy
Tier 1 Common Capital 87,670 30,008
Tier 1 Capital 87,670 30,008
Tier 2 Capital 6,544 1,306
Total Capital 94,214 31,762
Total Risk Weighted Assets 598,315 128,204
Leverage Ratio 10.94 16.044
Common Equity Tier 1 Capital Ratio 14.65 30.451
Tier 1 Capital Ratio 14.65 30.451
Total Capital Ratio 15.75 31.466

Timeline for Asheville Savings Bank, S.S.B.

Asb Bancorp, Inc.

Asb Bancorp, Inc. became a new parent organization for Asheville Savings Bank, S.S.B..

View Profile Oct 11 2011

Wenoca, Inc.

Wenoca, Inc. became a new subsidiary organization for Asheville Savings Bank, S.S.B..

View Profile Oct 11 2011

Commercial Credit Savings And Loan Association

Acquisition: Asheville Savings Bank, S.S.B. acquired a new subsidiary, Commercial Credit Savings And Loan Association , 37 years

View Profile May 01 1986

Mcdowell Savings And Loan Association

Acquisition: Asheville Savings Bank, S.S.B. acquired a new subsidiary, Mcdowell Savings And Loan Association, 43 years

View Profile Mar 01 1981

Security Federal Savings And Loan Association Of Statesville

Acquisition: Asheville Savings Bank, S.S.B. acquired a new subsidiary, Security Federal Savings And Loan Association Of Statesville, 43 years

View Profile Jan 01 1981

Want to see more?

Complete timeline for Asheville Savings Bank, S.S.B. is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Commercial Credit Savings And Loan Association Seller Discontinued 5/1/1986
Mcdowell Savings And Loan Association Seller Discontinued 3/1/1981
Security Federal Savings And Loan Association Of Statesville Seller Discontinued 1/1/1981
Relationships Role Relationship Start Relationship End
Asb Bancorp, Inc. Parent 10/11/2011
Wenoca, Inc. Subsidary 10/11/2011
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