Call reports 2005
HERRING BANK — 2005
What HERRING BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 361,298,000 | 349,087,000 | 350,263,000 | 355,817,000 |
| Total loans | 288,715,000 | 277,409,000 | 284,660,000 | 283,951,000 |
| Allowance for loan losses | 4,229,000 | 4,222,000 | 4,418,000 | 4,480,000 |
| Securities available for sale | 31,317,000 | 31,591,000 | 31,880,000 | 32,518,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,318,000 | 310,730,000 | 310,351,000 | 318,137,000 |
| Interest-bearing deposits | 279,404,000 | 273,316,000 | 274,713,000 | 277,364,000 |
| Noninterest-bearing deposits | 43,914,000 | 37,414,000 | 35,638,000 | 40,773,000 |
| Equity capital | 31,615,000 | 32,266,000 | 32,126,000 | 32,091,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 5,410,000 | 11,225,000 | 16,922,000 | 22,810,000 |
| Interest expense | 1,631,000 | 3,376,000 | 5,328,000 | 7,497,000 |
| Net interest income | 3,779,000 | 7,849,000 | 11,594,000 | 15,313,000 |
| Noninterest income | 1,761,000 | 3,061,000 | 4,961,000 | 6,419,000 |
| Noninterest expense | 3,775,000 | 7,681,000 | 11,517,000 | 15,262,000 |
| Provision for loan losses | 126,000 | 455,000 | 1,064,000 | 2,163,000 |
| Pretax income | 1,639,000 | 2,774,000 | 3,974,000 | 4,307,000 |
| Income tax | 510,000 | 854,000 | 1,222,000 | 1,296,000 |
| Net income | 1,129,000 | 1,920,000 | 2,752,000 | 3,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,570,000 | 31,300,000 | 31,195,000 | 31,223,000 |
| Total capital | 34,189,000 | 34,836,000 | 34,742,000 | 34,852,000 |
| Risk-weighted assets | 288,913,000 | 282,183,000 | 282,914,000 | 289,506,000 |