Call reports 2006
HERRING BANK — 2006
What HERRING BANK 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 | 352,026,000 | 341,866,000 | 335,561,000 | 334,915,000 |
| Total loans | 274,359,000 | 271,200,000 | 262,470,000 | 252,906,000 |
| Allowance for loan losses | 4,875,000 | 5,089,000 | 5,231,000 | 4,043,000 |
| Securities available for sale | 32,922,000 | 38,246,000 | 36,333,000 | 38,589,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,882,000 | 295,359,000 | 298,595,000 | 298,546,000 |
| Interest-bearing deposits | 272,940,000 | 260,279,000 | 260,797,000 | 255,536,000 |
| Noninterest-bearing deposits | 39,942,000 | 35,080,000 | 37,798,000 | 43,010,000 |
| Equity capital | 32,825,000 | 32,405,000 | 30,946,000 | 32,422,000 |
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 | 6,087,000 | 12,140,000 | 18,299,000 | 24,416,000 |
| Interest expense | 2,337,000 | 4,774,000 | 7,360,000 | 10,076,000 |
| Net interest income | 3,750,000 | 7,366,000 | 10,939,000 | 14,340,000 |
| Noninterest income | 1,479,000 | 2,874,000 | 4,403,000 | 5,654,000 |
| Noninterest expense | 3,178,000 | 6,822,000 | 11,475,000 | 14,056,000 |
| Provision for loan losses | 390,000 | 616,000 | 2,115,000 | 1,756,000 |
| Pretax income | 1,661,000 | 2,802,000 | 1,752,000 | 4,182,000 |
| Income tax | 528,000 | 881,000 | 490,000 | 1,283,000 |
| Net income | 1,133,000 | 1,921,000 | 1,262,000 | 2,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,001,000 | 31,860,000 | 30,332,000 | 31,783,000 |
| Total capital | 35,491,000 | 35,309,000 | 33,682,000 | 35,082,000 |
| Risk-weighted assets | 277,817,000 | 273,664,000 | 266,100,000 | 263,150,000 |