Call reports 2008
HERNDON NATIONAL BANK, THE — 2008
What HERNDON NATIONAL BANK, THE 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 | 29,334,000 | 29,042,000 | 28,911,000 | 28,909,000 |
| Total loans | 8,293,000 | 8,221,000 | 8,251,000 | 8,153,000 |
| Allowance for loan losses | 206,000 | 167,000 | 170,000 | 168,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,051,000 | 16,657,000 | 17,184,000 | 16,425,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,156,000 | 20,786,000 | 20,592,000 | 20,563,000 |
| Interest-bearing deposits | 17,327,000 | 17,023,000 | 17,457,000 | 16,640,000 |
| Noninterest-bearing deposits | 3,829,000 | 3,763,000 | 3,135,000 | 3,923,000 |
| Equity capital | 8,049,000 | 8,092,000 | 8,165,000 | 8,125,000 |
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 | 317,000 | 630,000 | 947,000 | 1,228,000 |
| Interest expense | 95,000 | 182,000 | 264,000 | 344,000 |
| Net interest income | 222,000 | 448,000 | 683,000 | 884,000 |
| Noninterest income | 12,000 | 27,000 | 40,000 | 68,000 |
| Noninterest expense | 173,000 | 333,000 | 501,000 | 711,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 68,000 | 151,000 | 231,000 | 250,000 |
| Income tax | 4,000 | 9,000 | 16,000 | 0 |
| Net income | 64,000 | 142,000 | 215,000 | 250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,049,000 | 8,092,000 | 8,165,000 | 8,125,000 |
| Total capital | 8,213,000 | 8,255,000 | 8,328,000 | 8,282,000 |
| Risk-weighted assets | 13,068,000 | 13,050,000 | 13,009,000 | 12,538,000 |