Call reports 2008
HEIGHTS BANK, THE — 2008
What HEIGHTS BANK, THE 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 | 49,426,000 | 45,423,000 | 43,428,000 | 42,580,000 |
| Total loans | 36,214,000 | 34,206,000 | 34,853,000 | 33,719,000 |
| Allowance for loan losses | 708,000 | 708,000 | 708,000 | 708,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,622,000 | 4,626,000 | 3,127,000 | 2,766,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,237,000 | 37,341,000 | 35,303,000 | 34,522,000 |
| Interest-bearing deposits | 35,902,000 | 33,351,000 | 31,193,000 | 30,138,000 |
| Noninterest-bearing deposits | 4,335,000 | 3,990,000 | 4,110,000 | 4,384,000 |
| Equity capital | 4,061,000 | 3,963,000 | 4,054,000 | 3,972,000 |
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 | 724,000 | 1,420,000 | 2,089,000 | 2,722,000 |
| Interest expense | 391,000 | 766,000 | 1,078,000 | 1,364,000 |
| Net interest income | 333,000 | 654,000 | 1,011,000 | 1,358,000 |
| Noninterest income | 41,000 | 73,000 | 112,000 | 163,000 |
| Noninterest expense | 255,000 | 499,000 | 737,000 | 967,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 119,000 | 228,000 | 386,000 | 554,000 |
| Income tax | 0 | 8,000 | 8,000 | 8,000 |
| Net income | 119,000 | 220,000 | 378,000 | 546,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,061,000 | 3,963,000 | 4,054,000 | 3,972,000 |
| Total capital | 4,409,000 | 4,285,000 | 4,382,000 | 4,286,000 |
| Risk-weighted assets | 27,465,000 | 25,380,000 | 25,836,000 | 24,728,000 |