Call reports 2013
HERRING BANK — 2013
What HERRING BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 512,392,000 | 489,843,000 | 488,302,000 | 472,650,000 |
| Total loans | 303,474,000 | 293,850,000 | 289,292,000 | 281,832,000 |
| Allowance for loan losses | 3,613,000 | 3,522,000 | 3,720,000 | 3,323,000 |
| Securities available for sale | 94,150,000 | 92,184,000 | 96,878,000 | 97,955,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 454,381,000 | 432,314,000 | 431,836,000 | 413,187,000 |
| Interest-bearing deposits | 334,368,000 | 323,549,000 | 312,190,000 | 306,253,000 |
| Noninterest-bearing deposits | 120,013,000 | 108,765,000 | 119,646,000 | 106,934,000 |
| Equity capital | 55,772,000 | 55,083,000 | 54,440,000 | 54,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,278,000 | 11,313,000 | 16,425,000 | 21,494,000 |
| Interest expense | 358,000 | 677,000 | 963,000 | 1,220,000 |
| Net interest income | 4,920,000 | 10,636,000 | 15,462,000 | 20,274,000 |
| Noninterest income | 2,083,000 | 3,600,000 | 4,976,000 | 7,987,000 |
| Noninterest expense | 5,441,000 | 11,134,000 | 16,400,000 | 21,711,000 |
| Provision for loan losses | -210,000 | -78,000 | 228,000 | 220,000 |
| Pretax income | 1,772,000 | 3,180,000 | 3,813,000 | 6,333,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,772,000 | 3,180,000 | 3,813,000 | 6,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,463,000 | 53,864,000 | 53,552,000 | 52,409,000 |
| Total capital | 57,076,000 | 57,386,000 | 57,272,000 | 55,732,000 |
| Risk-weighted assets | 314,158,000 | 309,833,000 | 303,361,000 | 293,993,000 |