Call reports 2003
HERITAGE BANK, THE — 2003
What HERITAGE BANK, THE 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 | 207,237,000 | 210,049,000 | 214,070,000 | 214,860,000 |
| Total loans | 137,850,000 | 142,185,000 | 146,882,000 | 148,586,000 |
| Allowance for loan losses | 1,755,000 | 1,766,000 | 1,851,000 | 1,969,000 |
| Securities available for sale | 43,738,000 | 39,784,000 | 45,768,000 | 45,796,000 |
| Securities held to maturity | 654,000 | 515,000 | 515,000 | 515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,869,000 | 181,026,000 | 185,332,000 | 184,613,000 |
| Interest-bearing deposits | 151,281,000 | 151,509,000 | 154,631,000 | 153,403,000 |
| Noninterest-bearing deposits | 27,588,000 | 29,517,000 | 30,701,000 | 31,210,000 |
| Equity capital | 20,876,000 | 21,477,000 | 21,926,000 | 21,561,000 |
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 | 2,796,000 | 5,554,000 | 8,308,000 | 11,118,000 |
| Interest expense | 722,000 | 1,442,000 | 2,120,000 | 2,757,000 |
| Net interest income | 2,074,000 | 4,112,000 | 6,188,000 | 8,361,000 |
| Noninterest income | 612,000 | 1,233,000 | 1,870,000 | 2,501,000 |
| Noninterest expense | 1,977,000 | 3,975,000 | 6,115,000 | 8,366,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 305,000 |
| Pretax income | 664,000 | 1,280,000 | 1,808,000 | 2,191,000 |
| Income tax | 170,000 | 325,000 | 437,000 | 815,000 |
| Net income | 494,000 | 955,000 | 1,371,000 | 1,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,983,000 | 15,571,000 | 16,115,000 | 15,763,000 |
| Total capital | 17,420,000 | 18,125,000 | 18,793,000 | 18,638,000 |
| Risk-weighted assets | 138,801,000 | 143,134,000 | 146,174,000 | 146,514,000 |