Call reports 2024
FIRST HERITAGE BANK — 2024
What FIRST HERITAGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 63,373,000 | 64,173,000 | 64,040,000 | 68,595,000 |
| Total loans | 45,900,000 | 47,804,000 | 50,054,000 | 50,744,000 |
| Allowance for loan losses | 521,000 | 533,000 | 546,000 | 562,000 |
| Securities available for sale | 13,353,000 | 13,151,000 | 11,244,000 | 12,336,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,969,000 | 58,248,000 | 56,416,000 | 57,717,000 |
| Interest-bearing deposits | 41,421,000 | 46,988,000 | 45,860,000 | 46,299,000 |
| Noninterest-bearing deposits | 11,548,000 | 11,260,000 | 10,556,000 | 11,418,000 |
| Equity capital | 4,908,000 | 5,079,000 | 5,506,000 | 5,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 764,000 | 1,559,000 | 2,427,000 | 3,360,000 |
| Interest expense | 271,000 | 569,000 | 894,000 | 1,248,000 |
| Net interest income | 493,000 | 990,000 | 1,533,000 | 2,112,000 |
| Noninterest income | 22,000 | 47,000 | 69,000 | 95,000 |
| Noninterest expense | 378,000 | 745,000 | 1,093,000 | 1,514,000 |
| Provision for loan losses | 47,000 | 59,000 | 72,000 | 88,000 |
| Pretax income | 137,000 | 280,000 | 484,000 | 652,000 |
| Income tax | 5,000 | 12,000 | 20,000 | 24,000 |
| Net income | 132,000 | 268,000 | 464,000 | 628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,825,000 | 5,961,000 | 6,102,000 | 6,210,000 |
| Total capital | 6,362,000 | 6,504,000 | 6,658,000 | 6,781,000 |
| Risk-weighted assets | 46,137,000 | 48,046,000 | 49,385,000 | 50,691,000 |