Call reports 2007
HERITAGE BANK, NATIONAL ASSOCIATION — 2007
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 120,252,000 | 123,653,000 | 127,401,000 | 129,737,000 |
| Total loans | 101,844,000 | 106,068,000 | 109,084,000 | 110,196,000 |
| Allowance for loan losses | 1,090,000 | 1,100,000 | 1,015,000 | 903,000 |
| Securities available for sale | 10,646,000 | 10,496,000 | 10,581,000 | 8,618,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,557,000 | 102,882,000 | 105,862,000 | 108,638,000 |
| Interest-bearing deposits | 90,099,000 | 90,939,000 | 93,767,000 | 94,241,000 |
| Noninterest-bearing deposits | 12,458,000 | 11,943,000 | 12,095,000 | 14,397,000 |
| Equity capital | 9,513,000 | 9,679,000 | 10,158,000 | 10,757,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,122,000 | 4,292,000 | 6,527,000 | 8,827,000 |
| Interest expense | 923,000 | 1,875,000 | 2,889,000 | 3,882,000 |
| Net interest income | 1,199,000 | 2,417,000 | 3,638,000 | 4,945,000 |
| Noninterest income | 257,000 | 565,000 | 928,000 | 1,227,000 |
| Noninterest expense | 1,080,000 | 2,107,000 | 3,190,000 | 4,212,000 |
| Provision for loan losses | 16,000 | 32,000 | 79,000 | 95,000 |
| Pretax income | 359,000 | 842,000 | 1,296,000 | 1,865,000 |
| Income tax | 18,000 | 42,000 | 65,000 | 93,000 |
| Net income | 341,000 | 800,000 | 1,231,000 | 1,772,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,518,000 | 9,777,000 | 10,149,000 | 10,689,000 |
| Total capital | 10,608,000 | 10,877,000 | 11,164,000 | 11,592,000 |
| Risk-weighted assets | 97,385,000 | 102,589,000 | 105,650,000 | 108,951,000 |