Call reports 2003
HERITAGE BANK — 2003
What HERITAGE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 373,278,000 | 383,555,000 | 383,778,000 | 397,302,000 |
| Total loans | 275,286,000 | 279,134,000 | 273,577,000 | 285,632,000 |
| Allowance for loan losses | 2,515,000 | 2,649,000 | 2,567,000 | 2,872,000 |
| Securities available for sale | 48,572,000 | 58,586,000 | 61,038,000 | 62,456,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,372,000 | 309,532,000 | 307,886,000 | 303,556,000 |
| Interest-bearing deposits | 265,857,000 | 255,004,000 | 254,296,000 | 249,904,000 |
| Noninterest-bearing deposits | 48,515,000 | 54,528,000 | 53,590,000 | 53,652,000 |
| Equity capital | 29,958,000 | 31,138,000 | 31,822,000 | 31,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,940,000 | 11,672,000 | 17,453,000 | 23,257,000 |
| Interest expense | 1,751,000 | 3,327,000 | 4,781,000 | 6,138,000 |
| Net interest income | 4,189,000 | 8,345,000 | 12,672,000 | 17,119,000 |
| Noninterest income | 791,000 | 1,733,000 | 2,512,000 | 3,110,000 |
| Noninterest expense | 3,862,000 | 7,808,000 | 12,013,000 | 16,160,000 |
| Provision for loan losses | 256,000 | 848,000 | 1,405,000 | 2,234,000 |
| Pretax income | 862,000 | 1,476,000 | 1,820,000 | 1,889,000 |
| Income tax | 247,000 | 409,000 | 421,000 | 350,000 |
| Net income | 615,000 | 1,067,000 | 1,399,000 | 1,539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,425,000 | 30,851,000 | 31,737,000 | 30,968,000 |
| Total capital | 31,940,000 | 33,500,000 | 34,304,000 | 33,840,000 |
| Risk-weighted assets | 314,440,000 | 318,803,000 | 314,897,000 | 325,068,000 |