Call reports 2007
HERITAGE BANK, NATIONAL ASSOCIATION — 2007
What HERITAGE BANK, NATIONAL ASSOCIATION 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 | 161,975,000 | 150,042,000 | 158,122,000 | 169,875,000 |
| Total loans | 79,281,000 | 81,204,000 | 77,055,000 | 81,293,000 |
| Allowance for loan losses | 941,000 | 941,000 | 941,000 | 1,107,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,399,000 | 102,770,000 | 110,421,000 | 122,261,000 |
| Interest-bearing deposits | 57,602,000 | 51,579,000 | 69,894,000 | 73,140,000 |
| Noninterest-bearing deposits | 57,797,000 | 51,191,000 | 40,527,000 | 49,121,000 |
| Equity capital | 46,228,000 | 46,638,000 | 46,910,000 | 47,341,000 |
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 | 2,549,000 | 5,078,000 | 7,364,000 | 9,586,000 |
| Interest expense | 552,000 | 1,087,000 | 1,650,000 | 2,381,000 |
| Net interest income | 1,997,000 | 3,991,000 | 5,714,000 | 7,205,000 |
| Noninterest income | 50,000 | 97,000 | 180,000 | 218,000 |
| Noninterest expense | 1,333,000 | 2,745,000 | 4,061,000 | 4,809,000 |
| Provision for loan losses | 0 | 0 | 0 | 166,000 |
| Pretax income | 714,000 | 1,343,000 | 1,833,000 | 2,448,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 714,000 | 1,343,000 | 1,833,000 | 2,448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,946,000 | 21,441,000 | 21,788,000 | 22,332,000 |
| Total capital | 21,887,000 | 22,382,000 | 22,729,000 | 23,439,000 |
| Risk-weighted assets | 91,942,000 | 89,935,000 | 89,429,000 | 97,264,000 |