Call reports 2004
HERITAGE BANK, NATIONAL ASSOCIATION — 2004
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 108,676,000 | 109,686,000 | 108,400,000 | 116,142,000 |
| Total loans | 93,549,000 | 93,779,000 | 92,090,000 | 99,956,000 |
| Allowance for loan losses | 1,021,000 | 921,000 | 934,000 | 941,000 |
| Securities available for sale | 10,439,000 | 10,846,000 | 10,490,000 | 9,926,000 |
| Securities held to maturity | 28,000 | 28,000 | 28,000 | 14,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,647,000 | 86,856,000 | 87,269,000 | 93,943,000 |
| Interest-bearing deposits | 80,533,000 | 76,240,000 | 77,210,000 | 81,747,000 |
| Noninterest-bearing deposits | 10,114,000 | 10,616,000 | 10,059,000 | 12,196,000 |
| Equity capital | 9,495,000 | 9,334,000 | 9,340,000 | 9,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,607,000 | 3,182,000 | 4,773,000 | 6,448,000 |
| Interest expense | 439,000 | 873,000 | 1,325,000 | 1,781,000 |
| Net interest income | 1,168,000 | 2,309,000 | 3,448,000 | 4,667,000 |
| Noninterest income | 79,000 | 218,000 | 388,000 | 544,000 |
| Noninterest expense | 917,000 | 1,788,000 | 2,583,000 | 3,392,000 |
| Provision for loan losses | 0 | 20,000 | 35,000 | 50,000 |
| Pretax income | 403,000 | 792,000 | 1,292,000 | 1,843,000 |
| Income tax | 20,000 | 40,000 | 67,000 | 95,000 |
| Net income | 383,000 | 752,000 | 1,225,000 | 1,748,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,121,000 | 9,147,000 | 9,151,000 | 8,875,000 |
| Total capital | 10,142,000 | 10,068,000 | 10,085,000 | 9,816,000 |
| Risk-weighted assets | 86,550,000 | 86,326,000 | 85,995,000 | 93,993,000 |