Call reports 2004
MOUNTAIN HERITAGE BANK — 2004
What MOUNTAIN HERITAGE BANK 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 | 24,289,000 | 39,477,000 | 45,108,000 | 51,937,000 |
| Total loans | 10,773,000 | 20,510,000 | 28,015,000 | 34,744,000 |
| Allowance for loan losses | 108,000 | 205,000 | 287,000 | 464,000 |
| Securities available for sale | 6,134,000 | 6,927,000 | 7,004,000 | 7,426,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,242,000 | 26,773,000 | 32,463,000 | 39,458,000 |
| Interest-bearing deposits | 14,476,000 | 23,726,000 | 31,279,000 | 38,136,000 |
| Noninterest-bearing deposits | 766,000 | 3,047,000 | 1,184,000 | 1,322,000 |
| Equity capital | 8,992,000 | 8,632,000 | 8,577,000 | 8,400,000 |
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 | 198,000 | 508,000 | 985,000 | 1,600,000 |
| Interest expense | 67,000 | 189,000 | 359,000 | 596,000 |
| Net interest income | 131,000 | 319,000 | 626,000 | 1,004,000 |
| Noninterest income | 9,000 | 39,000 | 63,000 | 105,000 |
| Noninterest expense | 395,000 | 752,000 | 1,119,000 | 1,489,000 |
| Provision for loan losses | 71,000 | 168,000 | 250,000 | 442,000 |
| Pretax income | -326,000 | -562,000 | -680,000 | -822,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -326,000 | -562,000 | -680,000 | -822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,955,000 | 8,719,000 | 8,601,000 | 8,459,000 |
| Total capital | 9,063,000 | 8,924,000 | 8,888,000 | 8,885,000 |
| Risk-weighted assets | 13,462,000 | 22,567,000 | 28,970,000 | 34,084,000 |