Call reports 2014
HERITAGE STATE BANK — 2014
What HERITAGE STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 78,983,000 | 75,321,000 | 76,819,000 | 78,110,000 |
| Total loans | 61,541,000 | 65,745,000 | 66,181,000 | 68,732,000 |
| Allowance for loan losses | 1,196,000 | 1,022,000 | 1,078,000 | 1,155,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,730,000 | 67,164,000 | 68,552,000 | 69,635,000 |
| Interest-bearing deposits | 55,808,000 | 53,480,000 | 53,832,000 | 53,428,000 |
| Noninterest-bearing deposits | 14,922,000 | 13,684,000 | 14,720,000 | 16,207,000 |
| Equity capital | 8,128,000 | 8,026,000 | 8,126,000 | 8,323,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 978,000 | 2,022,000 | 3,075,000 | 4,173,000 |
| Interest expense | 45,000 | 90,000 | 137,000 | 188,000 |
| Net interest income | 933,000 | 1,932,000 | 2,938,000 | 3,985,000 |
| Noninterest income | 24,000 | 51,000 | 70,000 | 89,000 |
| Noninterest expense | 537,000 | 1,056,000 | 1,590,000 | 2,458,000 |
| Provision for loan losses | 0 | 12,000 | 12,000 | 12,000 |
| Pretax income | 438,000 | 933,000 | 1,424,000 | 1,622,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 438,000 | 933,000 | 1,424,000 | 1,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,128,000 | 8,026,000 | 8,126,000 | 8,323,000 |
| Total capital | 8,966,000 | 8,901,000 | 9,013,000 | 9,238,000 |
| Risk-weighted assets | 66,683,000 | 69,815,000 | 70,788,000 | 72,937,000 |