Call reports 2023
FIRST HERITAGE BANK — 2023
What FIRST HERITAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 61,360,000 | 62,603,000 | 64,126,000 | 63,286,000 |
| Total loans | 38,548,000 | 39,665,000 | 42,392,000 | 44,331,000 |
| Allowance for loan losses | 532,000 | 532,000 | 458,000 | 474,000 |
| Securities available for sale | 19,425,000 | 19,613,000 | 18,519,000 | 15,368,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,566,000 | 52,274,000 | 52,913,000 | 53,746,000 |
| Interest-bearing deposits | 42,300,000 | 39,490,000 | 41,319,000 | 42,128,000 |
| Noninterest-bearing deposits | 12,266,000 | 12,784,000 | 11,594,000 | 11,618,000 |
| Equity capital | 4,361,000 | 4,304,000 | 4,349,000 | 4,849,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 559,000 | 1,183,000 | 1,875,000 | 2,611,000 |
| Interest expense | 117,000 | 309,000 | 554,000 | 841,000 |
| Net interest income | 442,000 | 874,000 | 1,321,000 | 1,770,000 |
| Noninterest income | 23,000 | 42,000 | 64,000 | 89,000 |
| Noninterest expense | 362,000 | 716,000 | 1,063,000 | 1,440,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 88,000 | 185,000 | 307,000 | 404,000 |
| Income tax | 2,000 | 2,000 | 1,000 | 4,000 |
| Net income | 86,000 | 183,000 | 306,000 | 400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,548,000 | 5,596,000 | 5,717,000 | 5,761,000 |
| Total capital | — | — | — | 6,292,000 |
| Risk-weighted assets | — | — | — | 45,659,000 |