Call reports 2008
HERITAGEBANK OF THE SOUTH — 2008
What HERITAGEBANK OF THE SOUTH reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 476,058,000 | 479,469,000 | 495,498,000 | 494,892,000 |
| Total loans | 312,279,000 | 314,546,000 | 312,767,000 | 302,488,000 |
| Allowance for loan losses | 4,720,000 | 4,108,000 | 5,206,000 | 4,951,000 |
| Securities available for sale | 122,227,000 | 110,967,000 | 110,809,000 | 111,524,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 316,772,000 | 323,234,000 | 338,965,000 | 338,593,000 |
| Interest-bearing deposits | 294,779,000 | 302,619,000 | 321,366,000 | 319,446,000 |
| Noninterest-bearing deposits | 21,993,000 | 20,615,000 | 17,599,000 | 19,147,000 |
| Equity capital | 57,554,000 | 54,503,000 | 53,757,000 | 55,885,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,925,000 | 13,680,000 | 20,361,000 | 26,836,000 |
| Interest expense | 3,344,000 | 6,388,000 | 9,361,000 | 12,493,000 |
| Net interest income | 3,581,000 | 7,292,000 | 11,000,000 | 14,343,000 |
| Noninterest income | 1,754,000 | 3,746,000 | 5,392,000 | 7,085,000 |
| Noninterest expense | 4,152,000 | 8,186,000 | 12,357,000 | 16,262,000 |
| Provision for loan losses | 400,000 | 1,182,000 | 2,400,000 | 3,350,000 |
| Pretax income | 795,000 | 1,690,000 | -504,000 | -298,000 |
| Income tax | 158,000 | 357,000 | -727,000 | -787,000 |
| Net income | 637,000 | 1,333,000 | 223,000 | 489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,704,000 | 57,740,000 | 55,278,000 | 55,178,000 |
| Total capital | 63,201,000 | 61,848,000 | 59,937,000 | 59,670,000 |
| Risk-weighted assets | 359,545,000 | 384,859,000 | 372,147,000 | 358,178,000 |
Machine access — free, no API key
Every figure shown here about HERITAGEBANK OF THE SOUTH — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.