Call reports 2002
HERITAGE BANK, NATIONAL ASSOCIATION — 2002
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 115,921,000 | 116,918,000 | 116,160,000 | 113,271,000 |
| Total loans | 93,818,000 | 97,118,000 | 96,379,000 | 94,915,000 |
| Allowance for loan losses | 1,073,000 | 919,000 | 953,000 | 952,000 |
| Securities available for sale | 15,254,000 | 13,707,000 | 12,370,000 | 11,057,000 |
| Securities held to maturity | 130,000 | 130,000 | 130,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,193,000 | 94,007,000 | 97,820,000 | 96,723,000 |
| Interest-bearing deposits | 89,994,000 | 85,519,000 | 88,862,000 | 86,368,000 |
| Noninterest-bearing deposits | 9,199,000 | 8,487,000 | 8,957,000 | 10,355,000 |
| Equity capital | 11,279,000 | 9,394,000 | 9,838,000 | 9,425,000 |
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 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,979,000 | 4,031,000 | 6,028,000 | 7,992,000 |
| Interest expense | 712,000 | 1,409,000 | 2,108,000 | 2,752,000 |
| Net interest income | 1,267,000 | 2,622,000 | 3,920,000 | 5,240,000 |
| Noninterest income | 150,000 | 321,000 | 551,000 | 728,000 |
| Noninterest expense | 926,000 | 1,855,000 | 2,791,000 | 3,706,000 |
| Provision for loan losses | 0 | 13,000 | 28,000 | 43,000 |
| Pretax income | 491,000 | 1,077,000 | 1,655,000 | 2,222,000 |
| Income tax | 167,000 | 364,000 | 562,000 | 754,000 |
| Net income | 324,000 | 713,000 | 1,093,000 | 1,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,978,000 | 8,967,000 | 9,356,000 | 8,970,000 |
| Total capital | 12,113,000 | 9,935,000 | 10,358,000 | 9,970,000 |
| Risk-weighted assets | 91,023,000 | 93,387,000 | 93,614,000 | 92,114,000 |