Call reports 2017
HERRING BANK — 2017
What HERRING BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 441,276,000 | 428,988,000 | 441,929,000 | 427,261,000 |
| Total loans | 315,082,000 | 319,938,000 | 307,048,000 | 307,010,000 |
| Allowance for loan losses | 3,499,000 | 3,545,000 | 3,462,000 | 3,498,000 |
| Securities available for sale | 61,226,000 | 60,169,000 | 54,392,000 | 62,933,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,707,000 | 382,259,000 | 394,553,000 | 371,961,000 |
| Interest-bearing deposits | 281,832,000 | 277,928,000 | 273,427,000 | 265,459,000 |
| Noninterest-bearing deposits | 112,875,000 | 104,331,000 | 121,126,000 | 106,502,000 |
| Equity capital | 44,933,000 | 45,051,000 | 45,258,000 | 45,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,462,000 | 9,120,000 | 13,756,000 | 18,342,000 |
| Interest expense | 291,000 | 645,000 | 1,015,000 | 1,388,000 |
| Net interest income | 4,171,000 | 8,475,000 | 12,741,000 | 16,954,000 |
| Noninterest income | 1,455,000 | 2,826,000 | 4,689,000 | 6,237,000 |
| Noninterest expense | 4,777,000 | 9,774,000 | 14,991,000 | 20,272,000 |
| Provision for loan losses | -32,000 | 9,000 | -40,000 | 146,000 |
| Pretax income | 881,000 | 1,618,000 | 2,744,000 | 3,032,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 881,000 | 1,618,000 | 2,744,000 | 3,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,269,000 | 48,163,000 | 48,523,000 | 48,272,000 |
| Total capital | 51,768,000 | 51,708,000 | 51,985,000 | 51,770,000 |
| Risk-weighted assets | 330,610,000 | 336,972,000 | 324,020,000 | 323,457,000 |