Call reports 2008
HERITAGE COMMUNITY BANK — 2008
What HERITAGE COMMUNITY BANK 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 | 66,758,000 | 74,110,000 | 83,006,000 | 92,456,000 |
| Total loans | 49,940,000 | 56,758,000 | 67,524,000 | 78,457,000 |
| Allowance for loan losses | 533,000 | 784,000 | 859,000 | 744,000 |
| Securities available for sale | 5,746,000 | 5,383,000 | 4,685,000 | 4,658,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,763,000 | 59,666,000 | 68,515,000 | 78,643,000 |
| Interest-bearing deposits | 44,742,000 | 52,514,000 | 62,652,000 | 71,790,000 |
| Noninterest-bearing deposits | 7,021,000 | 7,152,000 | 5,863,000 | 6,853,000 |
| Equity capital | 14,163,000 | 13,522,000 | 13,138,000 | 12,803,000 |
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 | 879,000 | 1,789,000 | 2,847,000 | 4,011,000 |
| Interest expense | 412,000 | 857,000 | 1,374,000 | 1,965,000 |
| Net interest income | 467,000 | 932,000 | 1,473,000 | 2,046,000 |
| Noninterest income | 37,000 | 75,000 | 108,000 | 145,000 |
| Noninterest expense | 761,000 | 1,544,000 | 2,429,000 | 3,405,000 |
| Provision for loan losses | 91,000 | 342,000 | 417,000 | 512,000 |
| Pretax income | -348,000 | -879,000 | -1,265,000 | -1,726,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -348,000 | -879,000 | -1,265,000 | -1,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,016,000 | 13,485,000 | 13,099,000 | 12,639,000 |
| Total capital | 14,549,000 | 14,269,000 | 13,958,000 | 13,383,000 |
| Risk-weighted assets | 66,785,000 | 76,690,000 | 82,097,000 | 100,815,000 |