Call reports 2020
FIRST HERITAGE BANK — 2020
What FIRST HERITAGE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 42,846,000 | 47,493,000 | 49,379,000 | 52,399,000 |
| Total loans | 30,217,000 | 36,274,000 | 37,709,000 | 35,268,000 |
| Allowance for loan losses | 440,000 | 455,000 | 470,000 | 485,000 |
| Securities available for sale | 7,440,000 | 7,574,000 | 8,205,000 | 10,207,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,231,000 | 41,382,000 | 43,215,000 | 47,429,000 |
| Interest-bearing deposits | 28,813,000 | 31,432,000 | 32,409,000 | 35,180,000 |
| Noninterest-bearing deposits | 8,418,000 | 9,950,000 | 10,806,000 | 12,249,000 |
| Equity capital | 4,562,000 | 5,019,000 | 5,090,000 | 4,925,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 461,000 | 1,162,000 | 1,646,000 | 2,133,000 |
| Interest expense | 57,000 | 113,000 | 157,000 | 214,000 |
| Net interest income | 404,000 | 1,049,000 | 1,489,000 | 1,919,000 |
| Noninterest income | 25,000 | 43,000 | 63,000 | 92,000 |
| Noninterest expense | 291,000 | 594,000 | 902,000 | 1,268,000 |
| Provision for loan losses | 8,000 | 23,000 | 38,000 | 53,000 |
| Pretax income | 143,000 | 488,000 | 625,000 | 704,000 |
| Income tax | 7,000 | 25,000 | 29,000 | 38,000 |
| Net income | 136,000 | 463,000 | 596,000 | 666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,582,000 | 4,884,000 | 4,968,000 | 4,821,000 |