Call reports 2006
HERITAGE COMMUNITY BANK — 2006
What HERITAGE COMMUNITY BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 16,535,000 | 22,976,000 | 29,877,000 | 39,046,000 |
| Total loans | 577,000 | 6,924,000 | 13,437,000 | 23,248,000 |
| Allowance for loan losses | 3,000 | 35,000 | 135,000 | 233,000 |
| Securities available for sale | 0 | 0 | 0 | 499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,000 | 7,003,000 | 14,226,000 | 23,542,000 |
| Interest-bearing deposits | 43,000 | 5,516,000 | 12,418,000 | 19,365,000 |
| Noninterest-bearing deposits | 44,000 | 1,487,000 | 1,808,000 | 4,177,000 |
| Equity capital | 16,266,000 | 15,826,000 | 15,464,000 | 15,249,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 10,000 | 251,000 | 645,000 | 1,218,000 |
| Interest expense | 0 | 23,000 | 106,000 | 291,000 |
| Net interest income | 10,000 | 228,000 | 539,000 | 927,000 |
| Noninterest income | 0 | 0 | 1,000 | 4,000 |
| Noninterest expense | 800,000 | 1,374,000 | 1,948,000 | 2,504,000 |
| Provision for loan losses | 3,000 | 35,000 | 135,000 | 233,000 |
| Pretax income | -793,000 | -1,181,000 | -1,543,000 | -1,806,000 |
| Income tax | 0 | 52,000 | 52,000 | 5,000 |
| Net income | -793,000 | -1,233,000 | -1,595,000 | -1,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,266,000 | 15,826,000 | 15,464,000 | 15,249,000 |
| Total capital | 16,269,000 | 15,861,000 | 15,599,000 | 15,482,000 |
| Risk-weighted assets | 5,958,000 | 17,747,000 | 25,652,000 | 36,392,000 |