Call reports 2015
HERRING BANK — 2015
What HERRING BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 447,866,000 | 437,353,000 | 438,368,000 | 415,660,000 |
| Total loans | 268,346,000 | 277,407,000 | 279,494,000 | 286,265,000 |
| Allowance for loan losses | 3,112,000 | 3,187,000 | 3,287,000 | 4,623,000 |
| Securities available for sale | 110,596,000 | 111,358,000 | 100,277,000 | 86,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 392,978,000 | 382,039,000 | 383,496,000 | 363,007,000 |
| Interest-bearing deposits | 288,148,000 | 278,662,000 | 268,540,000 | 261,344,000 |
| Noninterest-bearing deposits | 104,830,000 | 103,377,000 | 114,956,000 | 101,663,000 |
| Equity capital | 52,531,000 | 52,706,000 | 53,191,000 | 50,816,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,444,000 | 9,163,000 | 14,730,000 | 18,972,000 |
| Interest expense | 195,000 | 395,000 | 589,000 | 782,000 |
| Net interest income | 4,249,000 | 8,768,000 | 14,141,000 | 18,190,000 |
| Noninterest income | 1,915,000 | 3,802,000 | 6,080,000 | 7,702,000 |
| Noninterest expense | 5,104,000 | 10,611,000 | 15,861,000 | 20,920,000 |
| Provision for loan losses | 68,000 | 152,000 | 300,000 | 1,715,000 |
| Pretax income | 992,000 | 1,799,000 | 4,144,000 | 3,351,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 992,000 | 1,799,000 | 4,144,000 | 3,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,525,000 | 48,269,000 | 48,588,000 | 47,497,000 |
| Total capital | 51,637,000 | 51,456,000 | 51,875,000 | 51,368,000 |
| Risk-weighted assets | 299,541,000 | 311,624,000 | 310,933,000 | 308,929,000 |