Call reports 2003
HERITAGE STATE BANK — 2003
What HERITAGE STATE BANK 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 | 76,143,000 | 72,694,000 | 73,473,000 | 74,531,000 |
| Total loans | 50,419,000 | 53,100,000 | 54,848,000 | 56,013,000 |
| Allowance for loan losses | 647,000 | 676,000 | 703,000 | 732,000 |
| Securities available for sale | 19,521,000 | 12,693,000 | 12,207,000 | 11,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,939,000 | 57,824,000 | 55,161,000 | 56,617,000 |
| Interest-bearing deposits | 50,522,000 | 49,524,000 | 46,698,000 | 47,565,000 |
| Noninterest-bearing deposits | 7,417,000 | 8,300,000 | 8,463,000 | 9,052,000 |
| Equity capital | 6,103,000 | 5,889,000 | 5,873,000 | 6,056,000 |
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 | 1,054,000 | 2,080,000 | 3,086,000 | 4,092,000 |
| Interest expense | 413,000 | 789,000 | 1,122,000 | 1,436,000 |
| Net interest income | 641,000 | 1,291,000 | 1,964,000 | 2,656,000 |
| Noninterest income | 182,000 | 391,000 | 595,000 | 818,000 |
| Noninterest expense | 570,000 | 1,157,000 | 1,758,000 | 2,399,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 223,000 | 465,000 | 705,000 | 949,000 |
| Income tax | 9,000 | -14,000 | -6,000 | -1,000 |
| Net income | 214,000 | 479,000 | 711,000 | 950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,587,000 | 5,389,000 | 5,465,000 | 5,640,000 |
| Total capital | 6,167,000 | 5,976,000 | 6,078,000 | 6,267,000 |
| Risk-weighted assets | 46,318,000 | 46,858,000 | 48,919,000 | 50,062,000 |