Call reports 2010
HERITAGE BANK — 2010
What HERITAGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 36,823,000 | 37,808,000 | 44,044,000 | 48,508,000 |
| Total loans | 13,952,000 | 21,574,000 | 27,077,000 | 29,816,000 |
| Allowance for loan losses | 206,000 | 258,000 | 335,000 | 395,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 309,000 | 308,000 | 308,000 | 300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,797,000 | 28,630,000 | 35,004,000 | 38,746,000 |
| Interest-bearing deposits | 18,902,000 | 19,514,000 | 23,656,000 | 28,731,000 |
| Noninterest-bearing deposits | 8,895,000 | 9,116,000 | 11,348,000 | 10,015,000 |
| Equity capital | 8,914,000 | 9,092,000 | 8,899,000 | 9,560,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 273,000 | 574,000 | 977,000 | 1,420,000 |
| Interest expense | 64,000 | 122,000 | 180,000 | 272,000 |
| Net interest income | 209,000 | 452,000 | 797,000 | 1,148,000 |
| Noninterest income | 42,000 | 70,000 | 95,000 | 129,000 |
| Noninterest expense | 504,000 | 1,037,000 | 1,713,000 | 2,479,000 |
| Provision for loan losses | 0 | 50,000 | 187,000 | 247,000 |
| Pretax income | -253,000 | -565,000 | -1,008,000 | -1,449,000 |
| Income tax | -85,000 | -191,000 | -340,000 | -490,000 |
| Net income | -168,000 | -374,000 | -668,000 | -959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,375,000 | 6,554,000 | 6,363,000 | 7,025,000 |
| Total capital | 6,581,000 | 6,812,000 | 6,698,000 | 7,420,000 |
| Risk-weighted assets | 17,984,000 | 24,249,000 | 28,975,000 | 34,145,000 |