Call reports 2001
HERITAGE FIRST BANK — 2001
What HERITAGE FIRST BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 1,500,000 | 2,723,000 | 2,886,000 | 3,241,000 |
| Total loans | 716,000 | 1,202,000 | 1,773,000 | 2,391,000 |
| Allowance for loan losses | 4,000 | 4,000 | 18,000 | 23,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 888,000 | 810,000 | 1,137,000 | 1,620,000 |
| Interest-bearing deposits | 50,000 | 50,000 | 461,000 | 676,000 |
| Noninterest-bearing deposits | 838,000 | 760,000 | 676,000 | 944,000 |
| Equity capital | 606,000 | 1,905,000 | 1,736,000 | 1,603,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 21,000 | 49,000 | 96,000 | 160,000 |
| Interest expense | 0 | 0 | 2,000 | 7,000 |
| Net interest income | 21,000 | 49,000 | 94,000 | 153,000 |
| Noninterest income | 1,000 | 1,000 | 1,000 | 1,000 |
| Noninterest expense | 83,000 | 252,000 | 452,000 | 637,000 |
| Provision for loan losses | 0 | 0 | 14,000 | 21,000 |
| Pretax income | -61,000 | -202,000 | -371,000 | -504,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -61,000 | -202,000 | -371,000 | -504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 606,000 | 1,905,000 | 1,736,000 | 1,603,000 |
| Total capital | 610,000 | 1,909,000 | 1,754,000 | 1,626,000 |
| Risk-weighted assets | 993,000 | 2,690,000 | 2,848,000 | 3,207,000 |