Call reports 2009
HERITAGE BANK — 2009
What HERITAGE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 26,487,000 | 28,714,000 | 32,743,000 | 34,419,000 |
| Total loans | 8,743,000 | 8,789,000 | 9,385,000 | 10,213,000 |
| Allowance for loan losses | 110,000 | 133,000 | 207,000 | 204,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 311,000 | 310,000 | 309,000 | 309,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,818,000 | 20,227,000 | 24,321,000 | 25,730,000 |
| Interest-bearing deposits | 11,834,000 | 13,331,000 | 16,566,000 | 17,879,000 |
| Noninterest-bearing deposits | 5,984,000 | 6,896,000 | 7,755,000 | 7,851,000 |
| Equity capital | 8,607,000 | 8,405,000 | 8,304,000 | 8,603,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 253,000 | 464,000 | 690,000 | 915,000 |
| Interest expense | 57,000 | 112,000 | 180,000 | 251,000 |
| Net interest income | 196,000 | 352,000 | 510,000 | 664,000 |
| Noninterest income | 29,000 | 55,000 | 91,000 | 123,000 |
| Noninterest expense | 411,000 | 896,000 | 1,437,000 | 1,993,000 |
| Provision for loan losses | 16,000 | 39,000 | 114,000 | 114,000 |
| Pretax income | -202,000 | -528,000 | -950,000 | -1,320,000 |
| Income tax | -67,000 | -178,000 | -300,000 | -411,000 |
| Net income | -135,000 | -350,000 | -650,000 | -909,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,059,000 | 5,862,000 | 5,762,000 | 6,062,000 |
| Total capital | 6,169,000 | 5,995,000 | 5,931,000 | 6,244,000 |
| Risk-weighted assets | 11,575,000 | 12,309,000 | 13,515,000 | 14,541,000 |