Call reports 2008
FIRST HERITAGE BANK, NATIONAL ASSOCIATION — 2008
What FIRST HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Total assets | 158,701,000 | 255,376,000 |
| Total loans | 105,509,000 | 89,588,000 |
| Allowance for loan losses | 2,288,000 | 3,696,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 191,000 | 190,000 |
| Trading assets | 0 | 0 |
| Total deposits | 135,867,000 | 234,812,000 |
| Interest-bearing deposits | 104,046,000 | 209,702,000 |
| Noninterest-bearing deposits | 31,821,000 | 25,110,000 |
| Equity capital | 18,875,000 | 15,905,000 |
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 |
|---|---|---|
| Interest income | 1,913,000 | 3,720,000 |
| Interest expense | 877,000 | 2,034,000 |
| Net interest income | 1,036,000 | 1,686,000 |
| Noninterest income | 1,149,000 | 1,298,000 |
| Noninterest expense | 2,413,000 | 4,291,000 |
| Provision for loan losses | 1,589,000 | 3,480,000 |
| Pretax income | -1,817,000 | -4,787,000 |
| Income tax | 69,000 | 69,000 |
| Net income | -1,886,000 | -4,856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 18,875,000 | 15,905,000 |
| Total capital | 20,525,000 | 17,667,000 |
| Risk-weighted assets | 131,064,000 | 138,737,000 |