Call reports 2008
MOUNTAIN HERITAGE BANK — 2008
What MOUNTAIN HERITAGE BANK 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 | 117,260,000 | 121,630,000 | 123,992,000 | 129,910,000 |
| Total loans | 97,539,000 | 97,098,000 | 99,586,000 | 96,908,000 |
| Allowance for loan losses | 1,193,000 | 1,189,000 | 1,497,000 | 1,942,000 |
| Securities available for sale | 12,998,000 | 12,445,000 | 12,701,000 | 15,300,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,676,000 | 98,080,000 | 100,457,000 | 107,399,000 |
| Interest-bearing deposits | 90,454,000 | 95,193,000 | 97,846,000 | 105,293,000 |
| Noninterest-bearing deposits | 3,222,000 | 2,887,000 | 2,611,000 | 2,106,000 |
| Equity capital | 10,364,000 | 10,275,000 | 10,094,000 | 9,204,000 |
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 | 2,037,000 | 3,870,000 | 5,689,000 | 7,303,000 |
| Interest expense | 1,138,000 | 2,234,000 | 3,314,000 | 4,406,000 |
| Net interest income | 899,000 | 1,636,000 | 2,375,000 | 2,897,000 |
| Noninterest income | 93,000 | 200,000 | 287,000 | 367,000 |
| Noninterest expense | 777,000 | 1,586,000 | 2,346,000 | 3,190,000 |
| Provision for loan losses | 157,000 | 204,000 | 559,000 | 2,099,000 |
| Pretax income | 66,000 | 74,000 | -215,000 | -1,997,000 |
| Income tax | 25,000 | 14,000 | -105,000 | -789,000 |
| Net income | 41,000 | 60,000 | -110,000 | -1,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,294,000 | 10,406,000 | 10,243,000 | 9,015,000 |
| Total capital | 11,487,000 | 11,595,000 | 11,573,000 | 10,288,000 |
| Risk-weighted assets | 105,359,000 | 106,234,000 | 105,782,000 | 101,454,000 |