Call reports 2003
HERITAGE BANK, INC. — 2003
What HERITAGE BANK, INC. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 203,553,000 | 208,935,000 | 215,319,000 | 231,869,000 |
| Total loans | 165,053,000 | 169,574,000 | 179,918,000 | 187,461,000 |
| Allowance for loan losses | 1,690,000 | 1,958,000 | 2,089,000 | 2,374,000 |
| Securities available for sale | 25,404,000 | 21,694,000 | 19,125,000 | 29,037,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,339,000 | 178,712,000 | 180,720,000 | 192,512,000 |
| Interest-bearing deposits | 156,479,000 | 157,292,000 | 153,254,000 | 166,601,000 |
| Noninterest-bearing deposits | 17,860,000 | 21,420,000 | 27,466,000 | 25,911,000 |
| Equity capital | 15,472,000 | 16,106,000 | 16,818,000 | 17,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,787,000 | 5,655,000 | 8,655,000 | 11,791,000 |
| Interest expense | 1,061,000 | 2,047,000 | 2,963,000 | 3,850,000 |
| Net interest income | 1,726,000 | 3,608,000 | 5,692,000 | 7,941,000 |
| Noninterest income | 335,000 | 688,000 | 1,090,000 | 1,418,000 |
| Noninterest expense | 1,202,000 | 2,429,000 | 3,670,000 | 4,892,000 |
| Provision for loan losses | 75,000 | 150,000 | 270,000 | 540,000 |
| Pretax income | 789,000 | 1,722,000 | 2,847,000 | 3,932,000 |
| Income tax | 268,000 | 586,000 | 964,000 | 1,329,000 |
| Net income | 521,000 | 1,136,000 | 1,883,000 | 2,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,350,000 | 15,965,000 | 16,712,000 | 17,137,000 |
| Total capital | 17,040,000 | 17,923,000 | 18,801,000 | 19,454,000 |
| Risk-weighted assets | 163,296,000 | 168,709,000 | 177,128,000 | 185,327,000 |