Call reports 2003
HERITAGE BANK, NATIONAL ASSOCIATION — 2003
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 103,989,000 | 111,506,000 | 115,561,000 | 112,681,000 |
| Total loans | 81,156,000 | 90,130,000 | 95,611,000 | 96,414,000 |
| Allowance for loan losses | 841,000 | 913,000 | 1,298,000 | 1,192,000 |
| Securities available for sale | 13,393,000 | 9,499,000 | 10,771,000 | 6,475,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,702,000 | 95,228,000 | 93,011,000 | 95,906,000 |
| Interest-bearing deposits | 68,927,000 | 74,697,000 | 67,157,000 | 75,194,000 |
| Noninterest-bearing deposits | 18,775,000 | 20,531,000 | 25,855,000 | 20,712,000 |
| Equity capital | 9,404,000 | 9,168,000 | 9,326,000 | 9,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,774,000 | 3,564,000 | 5,340,000 | 7,121,000 |
| Interest expense | 442,000 | 741,000 | 1,093,000 | 1,446,000 |
| Net interest income | 1,332,000 | 2,823,000 | 4,247,000 | 5,675,000 |
| Noninterest income | 243,000 | 595,000 | 830,000 | 1,075,000 |
| Noninterest expense | 924,000 | 1,857,000 | 2,833,000 | 3,810,000 |
| Provision for loan losses | 75,000 | 165,000 | 593,000 | 593,000 |
| Pretax income | 616,000 | 1,439,000 | 1,737,000 | 2,413,000 |
| Income tax | 269,000 | 269,000 | 269,000 | 319,000 |
| Net income | 347,000 | 1,170,000 | 1,468,000 | 2,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,839,000 | 8,548,000 | 8,849,000 | 9,272,000 |
| Total capital | 9,680,000 | 9,461,000 | 10,057,000 | 10,464,000 |
| Risk-weighted assets | 83,311,000 | 90,358,000 | 96,586,000 | 95,414,000 |