Call reports 2008
HERITAGE BANK, INC. — 2008
What HERITAGE BANK, INC. 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 | 328,212,000 | 337,874,000 | 335,757,000 | 353,237,000 |
| Total loans | 270,476,000 | 278,935,000 | 281,445,000 | 288,270,000 |
| Allowance for loan losses | 3,058,000 | 3,029,000 | 3,034,000 | 3,188,000 |
| Securities available for sale | 39,003,000 | 40,419,000 | 34,280,000 | 33,925,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,173,000 | 279,857,000 | 281,995,000 | 299,076,000 |
| Interest-bearing deposits | 242,687,000 | 247,070,000 | 249,097,000 | 268,005,000 |
| Noninterest-bearing deposits | 31,486,000 | 32,787,000 | 32,898,000 | 31,071,000 |
| Equity capital | 28,436,000 | 28,971,000 | 29,772,000 | 30,335,000 |
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 | 5,606,000 | 11,075,000 | 16,433,000 | 21,841,000 |
| Interest expense | 2,588,000 | 4,887,000 | 7,134,000 | 9,331,000 |
| Net interest income | 3,018,000 | 6,188,000 | 9,299,000 | 12,510,000 |
| Noninterest income | 468,000 | 940,000 | 1,384,000 | 1,819,000 |
| Noninterest expense | 1,925,000 | 3,897,000 | 5,807,000 | 7,839,000 |
| Provision for loan losses | 145,000 | 320,000 | 655,000 | 1,045,000 |
| Pretax income | 1,419,000 | 2,914,000 | 4,224,000 | 5,457,000 |
| Income tax | 482,000 | 989,000 | 1,432,000 | 1,849,000 |
| Net income | 937,000 | 1,925,000 | 2,792,000 | 3,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,946,000 | 28,935,000 | 29,801,000 | 30,074,000 |
| Total capital | 31,004,000 | 31,964,000 | 32,835,000 | 33,262,000 |
| Risk-weighted assets | 276,088,000 | 283,003,000 | 283,777,000 | 289,031,000 |