Call reports 2008
HERITAGE BANK, NATIONAL ASSOCIATION — 2008
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 129,352,000 | 130,981,000 | 129,113,000 | 133,851,000 |
| Total loans | 108,559,000 | 116,276,000 | 113,752,000 | 118,466,000 |
| Allowance for loan losses | 871,000 | 1,402,000 | 1,268,000 | 1,843,000 |
| Securities available for sale | 7,648,000 | 6,420,000 | 7,456,000 | 7,540,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,263,000 | 105,578,000 | 105,502,000 | 104,666,000 |
| Interest-bearing deposits | 94,745,000 | 91,976,000 | 91,151,000 | 88,502,000 |
| Noninterest-bearing deposits | 14,518,000 | 13,602,000 | 14,351,000 | 16,164,000 |
| Equity capital | 10,766,000 | 10,687,000 | 11,365,000 | 11,470,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,131,000 | 4,139,000 | 6,151,000 | 8,189,000 |
| Interest expense | 860,000 | 1,568,000 | 2,239,000 | 2,855,000 |
| Net interest income | 1,271,000 | 2,571,000 | 3,912,000 | 5,334,000 |
| Noninterest income | 246,000 | 734,000 | 1,115,000 | 1,447,000 |
| Noninterest expense | 1,155,000 | 2,305,000 | 3,556,000 | 4,679,000 |
| Provision for loan losses | -200,000 | 420,000 | 441,000 | 1,071,000 |
| Pretax income | 585,000 | 615,000 | 1,065,000 | 1,066,000 |
| Income tax | 31,000 | 47,000 | 56,000 | 53,000 |
| Net income | 554,000 | 568,000 | 1,009,000 | 1,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,693,000 | 10,708,000 | 11,348,000 | 11,352,000 |
| Total capital | 11,564,000 | 12,110,000 | 12,616,000 | 12,787,000 |
| Risk-weighted assets | 106,299,000 | 112,987,000 | 110,661,000 | 114,410,000 |