Call reports 2008
HERITAGE STATE BANK — 2008
What HERITAGE STATE 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 | 97,804,000 | 102,653,000 | 98,125,000 | 104,654,000 |
| Total loans | 75,939,000 | 76,553,000 | 76,887,000 | 77,494,000 |
| Allowance for loan losses | 1,084,000 | 1,113,000 | 1,158,000 | 1,102,000 |
| Securities available for sale | 12,138,000 | 14,852,000 | 12,026,000 | 13,859,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,452,000 | 79,097,000 | 74,033,000 | 80,255,000 |
| Interest-bearing deposits | 64,404,000 | 68,791,000 | 64,200,000 | 70,432,000 |
| Noninterest-bearing deposits | 10,048,000 | 10,305,000 | 9,834,000 | 9,823,000 |
| Equity capital | 8,294,000 | 8,298,000 | 8,502,000 | 8,881,000 |
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 | 1,646,000 | 3,249,000 | 4,817,000 | 6,330,000 |
| Interest expense | 682,000 | 1,291,000 | 1,865,000 | 2,416,000 |
| Net interest income | 964,000 | 1,958,000 | 2,952,000 | 3,914,000 |
| Noninterest income | 282,000 | 554,000 | 815,000 | 1,083,000 |
| Noninterest expense | 839,000 | 1,683,000 | 2,580,000 | 3,504,000 |
| Provision for loan losses | 29,000 | 59,000 | 104,000 | 149,000 |
| Pretax income | 378,000 | 770,000 | 1,083,000 | 1,344,000 |
| Income tax | 3,000 | 7,000 | 4,000 | 4,000 |
| Net income | 375,000 | 763,000 | 1,079,000 | 1,340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,876,000 | 8,055,000 | 8,249,000 | 8,497,000 |
| Total capital | 8,757,000 | 8,973,000 | 9,152,000 | 9,420,000 |
| Risk-weighted assets | 70,305,000 | 73,253,000 | 71,961,000 | 73,648,000 |