Call reports 2011
HERRING BANK — 2011
What HERRING BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 579,807,000 | 572,048,000 | 603,422,000 | 562,646,000 |
| Total loans | 353,673,000 | 346,379,000 | 338,024,000 | 339,309,000 |
| Allowance for loan losses | 5,024,000 | 4,825,000 | 4,900,000 | 4,703,000 |
| Securities available for sale | 101,230,000 | 113,483,000 | 95,396,000 | 111,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 505,282,000 | 494,947,000 | 523,431,000 | 493,854,000 |
| Interest-bearing deposits | 385,488,000 | 386,549,000 | 387,270,000 | 375,359,000 |
| Noninterest-bearing deposits | 119,794,000 | 108,398,000 | 136,161,000 | 118,495,000 |
| Equity capital | 49,449,000 | 51,995,000 | 57,447,000 | 56,675,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 6,213,000 | 12,236,000 | 18,699,000 | 24,912,000 |
| Interest expense | 1,261,000 | 2,502,000 | 3,631,000 | 4,585,000 |
| Net interest income | 4,952,000 | 9,734,000 | 15,068,000 | 20,327,000 |
| Noninterest income | 2,234,000 | 4,942,000 | 7,443,000 | 9,849,000 |
| Noninterest expense | 5,593,000 | 11,534,000 | 17,285,000 | 23,166,000 |
| Provision for loan losses | 229,000 | 162,000 | 284,000 | 628,000 |
| Pretax income | 1,364,000 | 2,980,000 | 5,084,000 | 6,524,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,364,000 | 2,980,000 | 5,084,000 | 6,524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,863,000 | 52,487,000 | 54,351,000 | 51,797,000 |
| Total capital | 55,410,000 | 56,919,000 | 58,657,000 | 56,146,000 |
| Risk-weighted assets | 363,278,000 | 354,168,000 | 343,887,000 | 350,361,000 |