FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

HERRING BANK — 2024Q1

The 22 measures HERRING BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b123a4d6-60ae-4592-8271-4e3f23bde6d3/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets495,626,000USDevidence →
Total loans362,317,000USDevidence →
Allowance for loan losses3,260,000USDevidence →
Securities available for sale42,922,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits438,635,000USDevidence →
Interest-bearing deposits281,060,000USDevidence →
Noninterest-bearing deposits157,575,000USDevidence →
Equity capital53,511,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income7,708,000USDevidence →
Interest expense1,617,000USDevidence →
Net interest income6,091,000USDevidence →
Noninterest income2,588,000USDevidence →
Noninterest expense7,661,000USDevidence →
Provision for loan losses165,000USDevidence →
Pretax income833,000USDevidence →
Income tax0USDevidence →
Net income833,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital63,237,000USDevidence →
Total capital66,497,000USDevidence →
Risk-weighted assets393,934,000USDevidence →