Call reports 2008
FIRST HERITAGE BANK — 2008
What FIRST HERITAGE 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 | 169,053,000 | 174,931,000 | 197,745,000 | 207,451,000 |
| Total loans | 142,896,000 | 147,303,000 | 158,106,000 | 173,837,000 |
| Allowance for loan losses | 1,763,000 | 1,874,000 | 1,874,000 | 2,924,000 |
| Securities available for sale | 7,263,000 | 7,126,000 | 7,104,000 | 7,015,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,776,000 | 142,489,000 | 171,527,000 | 181,507,000 |
| Interest-bearing deposits | 117,408,000 | 118,721,000 | 144,654,000 | 161,778,000 |
| Noninterest-bearing deposits | 23,368,000 | 23,768,000 | 26,873,000 | 19,729,000 |
| Equity capital | 18,448,000 | 18,820,000 | 19,180,000 | 18,497,000 |
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 | 3,259,000 | 6,352,000 | 9,549,000 | 12,627,000 |
| Interest expense | 1,122,000 | 2,174,000 | 3,311,000 | 4,641,000 |
| Net interest income | 2,137,000 | 4,178,000 | 6,238,000 | 7,986,000 |
| Noninterest income | 897,000 | 1,389,000 | 1,785,000 | 2,064,000 |
| Noninterest expense | 2,635,000 | 4,486,000 | 6,291,000 | 8,378,000 |
| Provision for loan losses | 243,000 | 365,000 | 598,000 | 1,829,000 |
| Pretax income | 156,000 | 716,000 | 1,134,000 | -157,000 |
| Income tax | -127,000 | 32,000 | 142,000 | -343,000 |
| Net income | 283,000 | 684,000 | 992,000 | 186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,255,000 | 18,689,000 | 19,050,000 | 18,320,000 |
| Total capital | 20,018,000 | 20,563,000 | 20,924,000 | 20,640,000 |
| Risk-weighted assets | 151,459,000 | 158,869,000 | 171,946,000 | 184,973,000 |