Call reports 2012
HERRING BANK — 2012
What HERRING BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 564,731,000 | 539,101,000 | 523,796,000 | 503,777,000 |
| Total loans | 325,152,000 | 321,344,000 | 308,892,000 | 302,882,000 |
| Allowance for loan losses | 4,496,000 | 4,348,000 | 4,187,000 | 4,132,000 |
| Securities available for sale | 100,094,000 | 99,127,000 | 90,183,000 | 94,069,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 495,536,000 | 468,966,000 | 464,611,000 | 444,672,000 |
| Interest-bearing deposits | 374,381,000 | 362,493,000 | 344,950,000 | 338,462,000 |
| Noninterest-bearing deposits | 121,155,000 | 106,473,000 | 119,661,000 | 106,210,000 |
| Equity capital | 56,919,000 | 57,524,000 | 56,804,000 | 56,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 6,048,000 | 11,839,000 | 17,431,000 | 22,893,000 |
| Interest expense | 760,000 | 1,440,000 | 1,969,000 | 2,380,000 |
| Net interest income | 5,288,000 | 10,399,000 | 15,462,000 | 20,513,000 |
| Noninterest income | 3,143,000 | 5,127,000 | 6,113,000 | 7,385,000 |
| Noninterest expense | 6,088,000 | 11,898,000 | 18,478,000 | 23,692,000 |
| Provision for loan losses | -52,000 | -270,000 | -362,000 | 72,000 |
| Pretax income | 2,450,000 | 3,953,000 | 4,841,000 | 5,522,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,450,000 | 3,953,000 | 4,841,000 | 5,522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,683,000 | 51,939,000 | 52,257,000 | 52,080,000 |
| Total capital | 55,887,000 | 56,081,000 | 56,242,000 | 55,944,000 |
| Risk-weighted assets | 336,057,000 | 331,155,000 | 318,595,000 | 310,690,000 |