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 | 110,253,000 | 108,308,000 | 107,706,000 | 111,968,000 |
| Total loans | 92,999,000 | 91,194,000 | 90,866,000 | 92,803,000 |
| Allowance for loan losses | 963,000 | 976,000 | 1,017,000 | 1,017,000 |
| Securities available for sale | 10,148,000 | 10,562,000 | 10,579,000 | 13,182,000 |
| Securities held to maturity | 49,000 | 49,000 | 49,000 | 28,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,486,000 | 92,818,000 | 90,750,000 | 95,558,000 |
| Interest-bearing deposits | 85,792,000 | 82,710,000 | 81,043,000 | 84,579,000 |
| Noninterest-bearing deposits | 10,694,000 | 10,107,000 | 9,707,000 | 10,979,000 |
| Equity capital | 9,608,000 | 9,710,000 | 9,805,000 | 9,535,000 |
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 | 1,778,000 | 3,538,000 | 5,322,000 | 6,931,000 |
| Interest expense | 557,000 | 1,086,000 | 1,578,000 | 2,047,000 |
| Net interest income | 1,221,000 | 2,452,000 | 3,744,000 | 4,884,000 |
| Noninterest income | 156,000 | 354,000 | 531,000 | 686,000 |
| Noninterest expense | 888,000 | 1,756,000 | 2,671,000 | 3,490,000 |
| Provision for loan losses | 15,000 | 79,000 | 119,000 | 119,000 |
| Pretax income | 474,000 | 963,000 | 1,477,000 | 1,952,000 |
| Income tax | 267,000 | 291,000 | 319,000 | 341,000 |
| Net income | 207,000 | 672,000 | 1,158,000 | 1,611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,006,000 | 9,038,000 | 9,309,000 | 9,088,000 |
| Total capital | 10,018,000 | 10,014,000 | 10,326,000 | 10,105,000 |
| Risk-weighted assets | 88,345,000 | 85,472,000 | 86,039,000 | 88,047,000 |