Call reports 2008
HERITAGE BANK, THE — 2008
What HERITAGE 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 | 270,973,000 | 265,901,000 | 260,345,000 | 251,790,000 |
| Total loans | 174,583,000 | 178,549,000 | 174,596,000 | 174,485,000 |
| Allowance for loan losses | 1,713,000 | 1,786,000 | 2,300,000 | 2,252,000 |
| Securities available for sale | 66,243,000 | 65,112,000 | 39,113,000 | 55,909,000 |
| Securities held to maturity | 170,000 | 85,000 | 85,000 | 85,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 231,284,000 | 224,112,000 | 219,880,000 | 211,378,000 |
| Interest-bearing deposits | 187,699,000 | 183,484,000 | 180,100,000 | 172,617,000 |
| Noninterest-bearing deposits | 43,585,000 | 40,628,000 | 39,780,000 | 38,761,000 |
| Equity capital | 29,809,000 | 29,680,000 | 30,553,000 | 30,284,000 |
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 | 4,012,000 | 7,874,000 | 11,602,000 | 14,948,000 |
| Interest expense | 1,470,000 | 2,753,000 | 3,903,000 | 4,864,000 |
| Net interest income | 2,542,000 | 5,121,000 | 7,699,000 | 10,084,000 |
| Noninterest income | 855,000 | 1,636,000 | 2,438,000 | 3,087,000 |
| Noninterest expense | 2,397,000 | 4,834,000 | 7,389,000 | 9,957,000 |
| Provision for loan losses | 0 | 75,000 | 625,000 | 725,000 |
| Pretax income | 1,000,000 | 1,848,000 | 2,882,000 | 3,248,000 |
| Income tax | 348,000 | 652,000 | 1,020,000 | 1,176,000 |
| Net income | 652,000 | 1,196,000 | 1,862,000 | 2,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,522,000 | 26,151,000 | 26,901,000 | 27,195,000 |
| Total capital | 28,392,000 | 29,095,000 | 30,743,000 | 30,684,000 |
| Risk-weighted assets | 180,325,000 | 183,249,000 | 181,101,000 | 175,069,000 |