Call reports 2014
HERRING BANK — 2014
What HERRING BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 476,926,000 | 463,976,000 | 458,677,000 | 430,598,000 |
| Total loans | 284,594,000 | 280,884,000 | 268,623,000 | 259,988,000 |
| Allowance for loan losses | 3,433,000 | 3,358,000 | 3,206,000 | 3,043,000 |
| Securities available for sale | 109,315,000 | 107,989,000 | 107,877,000 | 108,183,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 420,248,000 | 406,250,000 | 401,296,000 | 376,258,000 |
| Interest-bearing deposits | 305,604,000 | 295,778,000 | 287,975,000 | 273,104,000 |
| Noninterest-bearing deposits | 114,644,000 | 110,472,000 | 113,321,000 | 103,154,000 |
| Equity capital | 54,891,000 | 55,919,000 | 55,515,000 | 51,469,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,828,000 | 9,858,000 | 14,461,000 | 18,911,000 |
| Interest expense | 237,000 | 465,000 | 678,000 | 882,000 |
| Net interest income | 4,591,000 | 9,393,000 | 13,783,000 | 18,029,000 |
| Noninterest income | 1,361,000 | 3,155,000 | 5,063,000 | 7,422,000 |
| Noninterest expense | 5,309,000 | 10,369,000 | 15,469,000 | 21,264,000 |
| Provision for loan losses | 199,000 | 191,000 | 78,000 | 46,000 |
| Pretax income | 444,000 | 1,988,000 | 3,350,000 | 4,194,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 444,000 | 1,988,000 | 3,350,000 | 4,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,210,000 | 53,049,000 | 52,844,000 | 48,082,000 |
| Total capital | 55,643,000 | 56,407,000 | 56,050,000 | 51,125,000 |
| Risk-weighted assets | 305,918,000 | 299,073,000 | 288,478,000 | 282,770,000 |