Call reports 2002
HERITAGE BANK SOUTH VALLEY — 2002
What HERITAGE BANK SOUTH VALLEY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 73,507,000 | 67,462,000 | 74,847,000 | 73,068,000 |
| Total loans | 50,359,000 | 52,001,000 | 47,298,000 | 58,311,000 |
| Allowance for loan losses | 777,000 | 822,000 | 872,000 | 932,000 |
| Securities available for sale | 6,035,000 | 8,083,000 | 7,517,000 | 7,090,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,797,000 | 59,838,000 | 66,786,000 | 64,031,000 |
| Interest-bearing deposits | 59,937,000 | 54,275,000 | 59,111,000 | 56,625,000 |
| Noninterest-bearing deposits | 5,860,000 | 5,563,000 | 7,675,000 | 7,406,000 |
| Equity capital | 6,956,000 | 7,024,000 | 7,075,000 | 7,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 968,000 | 1,953,000 | 2,961,000 | 4,000,000 |
| Interest expense | 370,000 | 690,000 | 987,000 | 1,239,000 |
| Net interest income | 598,000 | 1,263,000 | 1,974,000 | 2,761,000 |
| Noninterest income | 28,000 | 52,000 | 87,000 | 127,000 |
| Noninterest expense | 665,000 | 1,342,000 | 2,030,000 | 2,676,000 |
| Provision for loan losses | 39,000 | 84,000 | 134,000 | 194,000 |
| Pretax income | -78,000 | -111,000 | -91,000 | 38,000 |
| Income tax | -30,000 | -44,000 | -38,000 | 13,000 |
| Net income | -48,000 | -67,000 | -53,000 | 25,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,705,000 | 6,694,000 | 6,717,000 | 6,803,000 |
| Total capital | 7,449,000 | 7,433,000 | 7,435,000 | 7,628,000 |
| Risk-weighted assets | 59,511,000 | 59,012,000 | 57,316,000 | 65,901,000 |