Call reports 2004
HERRING BANK — 2004
What HERRING BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 340,091,000 | 339,380,000 | 354,485,000 | 387,012,000 |
| Total loans | 266,396,000 | 274,466,000 | 291,166,000 | 292,891,000 |
| Allowance for loan losses | 4,210,000 | 4,502,000 | 4,508,000 | 4,304,000 |
| Securities available for sale | 31,405,000 | 28,323,000 | 29,089,000 | 31,185,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,640,000 | 305,088,000 | 318,203,000 | 321,061,000 |
| Interest-bearing deposits | 270,369,000 | 269,286,000 | 281,151,000 | 283,339,000 |
| Noninterest-bearing deposits | 35,271,000 | 35,802,000 | 37,052,000 | 37,722,000 |
| Equity capital | 29,583,000 | 29,110,000 | 30,159,000 | 30,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,921,000 | 9,692,000 | 14,722,000 | 19,909,000 |
| Interest expense | 1,289,000 | 2,547,000 | 3,927,000 | 5,415,000 |
| Net interest income | 3,632,000 | 7,145,000 | 10,795,000 | 14,494,000 |
| Noninterest income | 1,288,000 | 2,697,000 | 4,270,000 | 5,916,000 |
| Noninterest expense | 3,169,000 | 6,480,000 | 9,975,000 | 13,385,000 |
| Provision for loan losses | 282,000 | 718,000 | 826,000 | 966,000 |
| Pretax income | 1,469,000 | 2,644,000 | 4,264,000 | 6,059,000 |
| Income tax | 445,000 | 787,000 | 1,282,000 | 1,842,000 |
| Net income | 1,024,000 | 1,857,000 | 2,982,000 | 4,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,879,000 | 27,944,000 | 28,816,000 | 29,418,000 |
| Total capital | 31,316,000 | 31,551,000 | 32,553,000 | 33,066,000 |
| Risk-weighted assets | 274,196,000 | 287,651,000 | 298,220,000 | 291,614,000 |