Call reports 2011
HERITAGE BANK — 2011
What HERITAGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 55,322,000 | 54,283,000 | 52,742,000 | 53,050,000 |
| Total loans | 51,532,000 | 49,022,000 | 47,832,000 | 45,737,000 |
| Allowance for loan losses | 2,117,000 | 1,680,000 | 1,533,000 | 1,554,000 |
| Securities available for sale | 100,000 | 301,000 | 401,000 | 401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,616,000 | 44,924,000 | 43,659,000 | 43,817,000 |
| Interest-bearing deposits | 41,718,000 | 41,847,000 | 39,552,000 | 40,326,000 |
| Noninterest-bearing deposits | 3,898,000 | 3,077,000 | 4,107,000 | 3,491,000 |
| Equity capital | 3,432,000 | 3,249,000 | 3,028,000 | 3,073,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 819,000 | 1,610,000 | 2,374,000 | 3,108,000 |
| Interest expense | 192,000 | 384,000 | 556,000 | 714,000 |
| Net interest income | 627,000 | 1,226,000 | 1,818,000 | 2,394,000 |
| Noninterest income | 25,000 | -207,000 | -282,000 | -254,000 |
| Noninterest expense | 664,000 | 1,136,000 | 1,753,000 | 2,353,000 |
| Provision for loan losses | 190,000 | 540,000 | 670,000 | 765,000 |
| Pretax income | -202,000 | -657,000 | -887,000 | -978,000 |
| Income tax | -1,000 | -23,000 | -32,000 | 307,000 |
| Net income | -201,000 | -634,000 | -855,000 | -1,285,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,124,000 | 2,918,000 | 2,688,000 | 3,073,000 |
| Total capital | 3,660,000 | 3,415,000 | 3,192,000 | 3,552,000 |
| Risk-weighted assets | 41,299,000 | 38,609,000 | 39,271,000 | 37,258,000 |