Call reports 2006
FIRST HERITAGE BANK, NATIONAL ASSOCIATION — 2006
What FIRST HERITAGE BANK, NATIONAL ASSOCIATION 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 | 222,754,000 | 225,535,000 | 195,534,000 | 211,922,000 |
| Total loans | 210,134,000 | 205,622,000 | 186,863,000 | 202,961,000 |
| Allowance for loan losses | 85,000 | 135,000 | 190,000 | 405,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 387,000 | 386,000 | 197,000 | 196,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,172,000 | 46,294,000 | 63,874,000 | 82,139,000 |
| Interest-bearing deposits | 24,605,000 | 39,345,000 | 51,319,000 | 50,508,000 |
| Noninterest-bearing deposits | 3,567,000 | 6,949,000 | 12,555,000 | 31,631,000 |
| Equity capital | 18,053,000 | 17,918,000 | 17,845,000 | 18,265,000 |
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 | 2,907,000 | 6,211,000 | 9,540,000 | 13,345,000 |
| Interest expense | 1,955,000 | 4,495,000 | 6,793,000 | 8,914,000 |
| Net interest income | 952,000 | 1,716,000 | 2,747,000 | 4,431,000 |
| Noninterest income | 43,000 | 84,000 | 121,000 | 409,000 |
| Noninterest expense | 1,489,000 | 2,461,000 | 3,590,000 | 4,679,000 |
| Provision for loan losses | 25,000 | 75,000 | 130,000 | 345,000 |
| Pretax income | -519,000 | -736,000 | -852,000 | -184,000 |
| Income tax | -195,000 | -277,000 | -320,000 | -72,000 |
| Net income | -324,000 | -459,000 | -532,000 | -112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,053,000 | 17,918,000 | 17,845,000 | 18,265,000 |
| Total capital | 18,171,000 | 18,086,000 | 18,080,000 | 18,735,000 |
| Risk-weighted assets | 127,319,000 | 129,745,000 | 117,824,000 | 143,794,000 |