Call reports 2019
HERRING BANK — 2019
What HERRING BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 410,687,000 | 425,372,000 | 448,229,000 | 442,772,000 |
| Total loans | 304,611,000 | 313,619,000 | 318,913,000 | 317,127,000 |
| Allowance for loan losses | 3,490,000 | 3,315,000 | 3,407,000 | 3,193,000 |
| Securities available for sale | 55,308,000 | 59,254,000 | 57,174,000 | 44,926,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 371,397,000 | 377,827,000 | 407,127,000 | 400,903,000 |
| Interest-bearing deposits | 266,567,000 | 271,988,000 | 281,142,000 | 282,818,000 |
| Noninterest-bearing deposits | 104,830,000 | 105,839,000 | 125,985,000 | 118,085,000 |
| Equity capital | 37,777,000 | 38,919,000 | 39,273,000 | 40,426,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,848,000 | 9,861,000 | 15,045,000 | 20,238,000 |
| Interest expense | 732,000 | 1,611,000 | 2,539,000 | 3,408,000 |
| Net interest income | 4,116,000 | 8,250,000 | 12,506,000 | 16,830,000 |
| Noninterest income | 1,751,000 | 3,539,000 | 5,486,000 | 7,473,000 |
| Noninterest expense | 5,032,000 | 10,029,000 | 15,282,000 | 20,346,000 |
| Provision for loan losses | 89,000 | 300,000 | 375,000 | 261,000 |
| Pretax income | 746,000 | 1,460,000 | 2,310,000 | 3,671,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 746,000 | 1,460,000 | 2,310,000 | 3,671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,870,000 | 42,970,000 | 43,178,000 | 44,021,000 |
| Total capital | 46,360,000 | 46,285,000 | 46,586,000 | 47,214,000 |
| Risk-weighted assets | 317,047,000 | 328,278,000 | 334,284,000 | 318,921,000 |