Call reports 2018
HERRING BANK — 2018
What HERRING BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 419,694,000 | 402,230,000 | 426,453,000 | 409,241,000 |
| Total loans | 304,986,000 | 299,099,000 | 304,068,000 | 309,611,000 |
| Allowance for loan losses | 3,492,000 | 3,383,000 | 3,495,000 | 3,491,000 |
| Securities available for sale | 61,449,000 | 60,274,000 | 58,815,000 | 55,930,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 373,147,000 | 355,379,000 | 364,490,000 | 349,182,000 |
| Interest-bearing deposits | 262,152,000 | 251,480,000 | 247,932,000 | 240,553,000 |
| Noninterest-bearing deposits | 110,995,000 | 103,899,000 | 116,558,000 | 108,629,000 |
| Equity capital | 44,325,000 | 44,429,000 | 44,446,000 | 43,023,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,566,000 | 9,174,000 | 13,888,000 | 18,788,000 |
| Interest expense | 361,000 | 763,000 | 1,288,000 | 1,900,000 |
| Net interest income | 4,205,000 | 8,411,000 | 12,600,000 | 16,888,000 |
| Noninterest income | 1,740,000 | 3,520,000 | 5,409,000 | 6,992,000 |
| Noninterest expense | 5,268,000 | 10,307,000 | 15,070,000 | 19,767,000 |
| Provision for loan losses | 55,000 | 35,000 | 163,000 | 234,000 |
| Pretax income | 622,000 | 1,589,000 | 2,776,000 | 3,880,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 622,000 | 1,589,000 | 2,776,000 | 3,880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,240,000 | 48,514,000 | 48,729,000 | 48,435,000 |
| Total capital | 51,733,000 | 51,897,000 | 52,225,000 | 51,926,000 |
| Risk-weighted assets | 325,318,000 | 320,701,000 | 325,792,000 | 323,379,000 |