Call reports 2002
HERITAGE BANK, THE — 2002
What HERITAGE BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 210,814,000 | 209,321,000 | 210,618,000 | 208,853,000 |
| Total loans | 125,280,000 | 130,133,000 | 131,451,000 | 136,188,000 |
| Allowance for loan losses | 1,703,000 | 1,613,000 | 1,932,000 | 1,723,000 |
| Securities available for sale | 56,912,000 | 55,822,000 | 54,962,000 | 52,594,000 |
| Securities held to maturity | 5,030,000 | 4,101,000 | 654,000 | 654,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,213,000 | 177,806,000 | 180,300,000 | 176,524,000 |
| Interest-bearing deposits | 153,553,000 | 151,214,000 | 151,565,000 | 148,240,000 |
| Noninterest-bearing deposits | 27,660,000 | 26,592,000 | 28,735,000 | 28,284,000 |
| Equity capital | 19,015,000 | 20,008,000 | 20,507,000 | 20,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,144,000 | 6,137,000 | 9,091,000 | 11,998,000 |
| Interest expense | 1,115,000 | 2,099,000 | 2,995,000 | 3,797,000 |
| Net interest income | 2,029,000 | 4,038,000 | 6,096,000 | 8,201,000 |
| Noninterest income | 610,000 | 1,248,000 | 1,887,000 | 2,532,000 |
| Noninterest expense | 1,999,000 | 4,021,000 | 6,109,000 | 8,243,000 |
| Provision for loan losses | 50,000 | 65,000 | 95,000 | 150,000 |
| Pretax income | 590,000 | 1,200,000 | 1,779,000 | 2,340,000 |
| Income tax | 160,000 | 292,000 | 432,000 | 832,000 |
| Net income | 430,000 | 908,000 | 1,347,000 | 1,508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,973,000 | 13,517,000 | 13,935,000 | 14,361,000 |
| Total capital | 15,396,000 | 16,044,000 | 16,430,000 | 16,812,000 |
| Risk-weighted assets | 128,440,000 | 133,094,000 | 133,989,000 | 137,320,000 |