Call reports 2009
HERRING BANK — 2009
What HERRING BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 470,933,000 | 422,564,000 | 506,041,000 | 496,617,000 |
| Total loans | 329,384,000 | 322,555,000 | 369,194,000 | 361,816,000 |
| Allowance for loan losses | 3,129,000 | 3,526,000 | 3,545,000 | 3,542,000 |
| Securities available for sale | 56,006,000 | 52,745,000 | 64,712,000 | 74,942,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,986,000 | 347,888,000 | 421,412,000 | 410,042,000 |
| Interest-bearing deposits | 337,178,000 | 290,462,000 | 344,908,000 | 339,376,000 |
| Noninterest-bearing deposits | 57,808,000 | 57,426,000 | 76,504,000 | 70,666,000 |
| Equity capital | 35,441,000 | 34,851,000 | 44,654,000 | 47,408,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 5,001,000 | 10,489,000 | 16,748,000 | 23,221,000 |
| Interest expense | 1,600,000 | 3,443,000 | 5,083,000 | 6,675,000 |
| Net interest income | 3,401,000 | 7,046,000 | 11,665,000 | 16,546,000 |
| Noninterest income | 1,828,000 | 6,132,000 | 7,690,000 | 9,603,000 |
| Noninterest expense | 4,106,000 | 8,902,000 | 13,244,000 | 18,263,000 |
| Provision for loan losses | 158,000 | 3,186,000 | 3,539,000 | 3,917,000 |
| Pretax income | 965,000 | 1,090,000 | 2,834,000 | 4,345,000 |
| Income tax | 0 | 0 | -49,000 | -49,000 |
| Net income | 965,000 | 1,090,000 | 2,883,000 | 4,394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,613,000 | 36,845,000 | 46,232,000 | 45,251,000 |
| Total capital | 39,742,000 | 40,371,000 | 49,777,000 | 48,793,000 |
| Risk-weighted assets | 301,024,000 | 299,388,000 | 343,339,000 | 343,813,000 |