Call reports 2008
HERITAGE BANK, NATIONAL ASSOCIATION — 2008
What HERITAGE BANK, NATIONAL ASSOCIATION 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 | 237,470,000 | 240,431,000 | 254,049,000 | 243,291,000 |
| Total loans | 167,886,000 | 180,241,000 | 190,768,000 | 169,097,000 |
| Allowance for loan losses | 2,240,000 | 2,253,000 | 2,432,000 | 2,420,000 |
| Securities available for sale | 50,418,000 | 35,753,000 | 36,521,000 | 36,339,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,015,000 | 190,522,000 | 186,456,000 | 201,457,000 |
| Interest-bearing deposits | 183,609,000 | 170,934,000 | 165,600,000 | 163,563,000 |
| Noninterest-bearing deposits | 20,406,000 | 19,588,000 | 20,855,000 | 37,894,000 |
| Equity capital | 22,052,000 | 22,024,000 | 22,708,000 | 23,569,000 |
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 | 3,723,000 | 7,265,000 | 10,982,000 | 14,406,000 |
| Interest expense | 1,829,000 | 3,511,000 | 5,141,000 | 6,531,000 |
| Net interest income | 1,894,000 | 3,754,000 | 5,841,000 | 7,875,000 |
| Noninterest income | 426,000 | 849,000 | 1,240,000 | 1,614,000 |
| Noninterest expense | 1,362,000 | 2,803,000 | 4,279,000 | 5,815,000 |
| Provision for loan losses | 75,000 | 225,000 | 525,000 | 600,000 |
| Pretax income | 940,000 | 1,671,000 | 2,373,000 | 3,170,000 |
| Income tax | 322,000 | 573,000 | 699,000 | 956,000 |
| Net income | 618,000 | 1,098,000 | 1,674,000 | 2,214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,519,000 | 21,999,000 | 22,575,000 | 23,115,000 |
| Total capital | 23,718,000 | 24,252,000 | 24,992,000 | 25,315,000 |
| Risk-weighted assets | 177,817,000 | 186,325,000 | 193,334,000 | 175,810,000 |