Call reports 2002
HERITAGE FIRST BANK — 2002
What HERITAGE FIRST BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Total assets | 3,301,000 | 3,888,000 | 4,278,000 |
| Total loans | 2,404,000 | 2,521,000 | 2,830,000 |
| Allowance for loan losses | 31,000 | 34,000 | 36,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,791,000 | 2,478,000 | 3,039,000 |
| Interest-bearing deposits | 807,000 | 1,238,000 | 1,306,000 |
| Noninterest-bearing deposits | 984,000 | 1,240,000 | 1,733,000 |
| Equity capital | 1,492,000 | 1,387,000 | 1,223,000 |
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 |
|---|---|---|---|
| Interest income | 53,000 | 106,000 | 164,000 |
| Interest expense | 6,000 | 16,000 | 27,000 |
| Net interest income | 47,000 | 90,000 | 137,000 |
| Noninterest income | 0 | 0 | 0 |
| Noninterest expense | 150,000 | 295,000 | 503,000 |
| Provision for loan losses | 8,000 | 11,000 | 14,000 |
| Pretax income | -111,000 | -216,000 | -380,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -111,000 | -216,000 | -380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Tier 1 capital | 1,492,000 | 1,387,000 | 1,223,000 |
| Total capital | 1,523,000 | 1,421,000 | 1,259,000 |
| Risk-weighted assets | 3,132,000 | 3,665,000 | 4,032,000 |