Call reports 2008
HERITAGE BANK, NATIONAL ASSOCIATION — 2008
What HERITAGE BANK, NATIONAL ASSOCIATION 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 | 162,872,000 | 151,764,000 | 213,803,000 | 206,996,000 |
| Total loans | 89,883,000 | 95,157,000 | 107,266,000 | 111,075,000 |
| Allowance for loan losses | 1,274,000 | 1,808,000 | 2,416,000 | 3,158,000 |
| Securities available for sale | 10,470,000 | 19,660,000 | 19,254,000 | 50,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,551,000 | 86,142,000 | 138,582,000 | 137,667,000 |
| Interest-bearing deposits | 64,421,000 | 59,086,000 | 106,513,000 | 117,803,000 |
| Noninterest-bearing deposits | 41,130,000 | 27,057,000 | 32,070,000 | 19,864,000 |
| Equity capital | 46,842,000 | 45,046,000 | 44,710,000 | 18,986,000 |
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 | 1,948,000 | 3,917,000 | 6,186,000 | 8,447,000 |
| Interest expense | 643,000 | 1,273,000 | 2,158,000 | 3,341,000 |
| Net interest income | 1,305,000 | 2,644,000 | 4,028,000 | 5,106,000 |
| Noninterest income | 40,000 | 79,000 | 124,000 | 189,000 |
| Noninterest expense | 1,432,000 | 2,788,000 | 4,038,000 | 29,760,000 |
| Provision for loan losses | 167,000 | 701,000 | 1,352,000 | 3,062,000 |
| Pretax income | -254,000 | -766,000 | -1,238,000 | -27,527,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -254,000 | -766,000 | -1,238,000 | -27,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,860,000 | 20,430,000 | 20,070,000 | 18,451,000 |
| Total capital | 23,121,000 | 21,620,000 | 21,530,000 | 19,934,000 |
| Risk-weighted assets | 100,883,000 | 98,230,000 | 115,911,000 | 116,913,000 |