Call reports 2007
HERITAGE BANK, THE — 2007
What HERITAGE BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 255,799,000 | 258,091,000 | 268,104,000 | 265,280,000 |
| Total loans | 162,632,000 | 170,594,000 | 172,241,000 | 172,148,000 |
| Allowance for loan losses | 2,082,000 | 2,105,000 | 2,243,000 | 1,730,000 |
| Securities available for sale | 42,630,000 | 42,465,000 | 67,459,000 | 67,531,000 |
| Securities held to maturity | 250,000 | 170,000 | 170,000 | 170,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,695,000 | 220,812,000 | 228,871,000 | 227,328,000 |
| Interest-bearing deposits | 181,458,000 | 180,480,000 | 184,362,000 | 185,824,000 |
| Noninterest-bearing deposits | 37,237,000 | 40,332,000 | 44,509,000 | 41,504,000 |
| Equity capital | 28,232,000 | 28,793,000 | 28,989,000 | 28,697,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,067,000 | 8,305,000 | 12,652,000 | 16,647,000 |
| Interest expense | 1,445,000 | 2,960,000 | 4,546,000 | 6,145,000 |
| Net interest income | 2,622,000 | 5,345,000 | 8,106,000 | 10,502,000 |
| Noninterest income | 646,000 | 1,337,000 | 2,055,000 | 2,808,000 |
| Noninterest expense | 2,346,000 | 4,737,000 | 7,099,000 | 9,568,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 650,000 |
| Pretax income | 922,000 | 1,945,000 | 2,882,000 | 3,162,000 |
| Income tax | 320,000 | 682,000 | 1,002,000 | 1,134,000 |
| Net income | 602,000 | 1,263,000 | 1,880,000 | 2,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,593,000 | 24,352,000 | 24,554,000 | 24,785,000 |
| Total capital | 27,487,000 | 28,199,000 | 28,323,000 | 27,741,000 |
| Risk-weighted assets | 168,129,000 | 176,354,000 | 179,149,000 | 179,428,000 |