Call reports 2005
HERITAGE BANK, NATIONAL ASSOCIATION — 2005
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 109,423,000 | 113,333,000 | 116,697,000 | 117,186,000 |
| Total loans | 93,294,000 | 99,723,000 | 101,605,000 | 101,591,000 |
| Allowance for loan losses | 955,000 | 948,000 | 970,000 | 1,014,000 |
| Securities available for sale | 8,625,000 | 8,116,000 | 7,999,000 | 9,368,000 |
| Securities held to maturity | 14,000 | 12,000 | 12,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,623,000 | 92,442,000 | 97,278,000 | 97,594,000 |
| Interest-bearing deposits | 81,453,000 | 80,323,000 | 86,106,000 | 84,864,000 |
| Noninterest-bearing deposits | 11,170,000 | 12,119,000 | 11,172,000 | 12,730,000 |
| Equity capital | 9,037,000 | 9,273,000 | 9,488,000 | 9,601,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,723,000 | 3,531,000 | 5,500,000 | 7,348,000 |
| Interest expense | 506,000 | 1,063,000 | 1,751,000 | 2,471,000 |
| Net interest income | 1,217,000 | 2,468,000 | 3,749,000 | 4,877,000 |
| Noninterest income | 124,000 | 262,000 | 456,000 | 758,000 |
| Noninterest expense | 898,000 | 1,803,000 | 2,749,000 | 3,700,000 |
| Provision for loan losses | 15,000 | 30,000 | 52,000 | 69,000 |
| Pretax income | 421,000 | 890,000 | 1,393,000 | 1,855,000 |
| Income tax | 21,000 | 44,000 | 69,000 | 92,000 |
| Net income | 400,000 | 846,000 | 1,324,000 | 1,763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,965,000 | 9,186,000 | 9,404,000 | 9,593,000 |
| Total capital | 9,920,000 | 10,134,000 | 10,374,000 | 10,607,000 |
| Risk-weighted assets | 88,429,000 | 93,580,000 | 96,606,000 | 97,324,000 |