Call reports 2008
HERITAGE BANK, NATIONAL ASSOCIATION — 2008
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 182,189,000 | 175,195,000 | 173,591,000 | 179,534,000 |
| Total loans | 152,417,000 | 150,693,000 | 150,172,000 | 149,283,000 |
| Allowance for loan losses | 2,338,000 | 2,619,000 | 2,373,000 | 2,382,000 |
| Securities available for sale | 13,403,000 | 12,226,000 | 10,453,000 | 15,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,433,000 | 138,854,000 | 137,219,000 | 143,215,000 |
| Interest-bearing deposits | 125,342,000 | 112,348,000 | 110,593,000 | 110,962,000 |
| Noninterest-bearing deposits | 25,091,000 | 26,506,000 | 26,626,000 | 32,253,000 |
| Equity capital | 15,707,000 | 16,224,000 | 16,081,000 | 15,786,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,903,000 | 5,661,000 | 8,133,000 | 10,478,000 |
| Interest expense | 1,246,000 | 2,162,000 | 3,052,000 | 3,935,000 |
| Net interest income | 1,657,000 | 3,499,000 | 5,081,000 | 6,543,000 |
| Noninterest income | 307,000 | 747,000 | 988,000 | 1,281,000 |
| Noninterest expense | 1,295,000 | 2,633,000 | 4,009,000 | 5,361,000 |
| Provision for loan losses | 300,000 | 650,000 | 1,281,000 | 1,281,000 |
| Pretax income | 371,000 | 965,000 | 781,000 | 1,184,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 371,000 | 965,000 | 781,000 | 1,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,810,000 | 15,435,000 | 15,285,000 | 15,067,000 |
| Total capital | 16,638,000 | 17,221,000 | 17,080,000 | 16,856,000 |
| Risk-weighted assets | 145,740,000 | 142,012,000 | 142,996,000 | 142,495,000 |