Call reports 2002
FIRST HERITAGE BANK — 2002
What FIRST HERITAGE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 98,352,000 | 97,753,000 | 102,186,000 | 102,333,000 |
| Total loans | 76,145,000 | 72,303,000 | 70,006,000 | 68,009,000 |
| Allowance for loan losses | 987,000 | 1,051,000 | 968,000 | 1,038,000 |
| Securities available for sale | 11,293,000 | 11,853,000 | 11,827,000 | 13,359,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,277,000 | 80,125,000 | 81,961,000 | 81,830,000 |
| Interest-bearing deposits | 67,653,000 | 62,035,000 | 63,012,000 | 59,824,000 |
| Noninterest-bearing deposits | 13,624,000 | 18,090,000 | 18,949,000 | 22,006,000 |
| Equity capital | 14,034,000 | 14,532,000 | 15,056,000 | 14,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,222,000 | 4,396,000 | 6,400,000 | 8,259,000 |
| Interest expense | 428,000 | 791,000 | 1,148,000 | 1,442,000 |
| Net interest income | 1,794,000 | 3,605,000 | 5,252,000 | 6,817,000 |
| Noninterest income | 281,000 | 866,000 | 1,214,000 | 1,746,000 |
| Noninterest expense | 1,547,000 | 3,399,000 | 4,978,000 | 6,562,000 |
| Provision for loan losses | 95,000 | 175,000 | 235,000 | 375,000 |
| Pretax income | 433,000 | 897,000 | 1,253,000 | 1,626,000 |
| Income tax | 127,000 | 255,000 | 355,000 | 557,000 |
| Net income | 306,000 | 642,000 | 898,000 | 1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,789,000 | 14,179,000 | 14,470,000 | 14,408,000 |
| Total capital | 14,776,000 | 15,214,000 | 15,438,000 | 15,437,000 |
| Risk-weighted assets | 87,073,000 | 82,852,000 | 83,597,000 | 82,279,000 |