Call reports 2001
HERRING BANK — 2001
What HERRING BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 274,449,000 | 266,464,000 | 273,980,000 | 276,218,000 |
| Total loans | 182,985,000 | 186,185,000 | 195,989,000 | 200,379,000 |
| Allowance for loan losses | 2,891,000 | 2,905,000 | 3,270,000 | 3,795,000 |
| Securities available for sale | 46,569,000 | 41,772,000 | 47,178,000 | 49,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,251,000 | 238,989,000 | 244,788,000 | 240,799,000 |
| Interest-bearing deposits | 219,874,000 | 213,129,000 | 216,875,000 | 211,457,000 |
| Noninterest-bearing deposits | 28,377,000 | 25,860,000 | 27,913,000 | 29,342,000 |
| Equity capital | 21,195,000 | 22,510,000 | 24,419,000 | 24,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 5,168,000 | 10,271,000 | 15,290,000 | 20,090,000 |
| Interest expense | 3,035,000 | 6,031,000 | 8,732,000 | 10,872,000 |
| Net interest income | 2,133,000 | 4,240,000 | 6,558,000 | 9,218,000 |
| Noninterest income | 1,120,000 | 2,401,000 | 3,584,000 | 4,874,000 |
| Noninterest expense | 2,428,000 | 4,958,000 | 7,632,000 | 10,574,000 |
| Provision for loan losses | 236,000 | 361,000 | 806,000 | 1,448,000 |
| Pretax income | 589,000 | 1,321,000 | 1,708,000 | 2,074,000 |
| Income tax | 173,000 | 372,000 | 473,000 | 611,000 |
| Net income | 416,000 | 949,000 | 1,235,000 | 1,463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,497,000 | 21,592,000 | 23,072,000 | 23,061,000 |
| Total capital | 23,016,000 | 23,949,000 | 25,531,000 | 25,585,000 |
| Risk-weighted assets | 201,085,000 | 187,973,000 | 195,929,000 | 200,670,000 |