Call reports 2025
HERRING BANK — 2025
What HERRING BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 497,917,000 | 509,414,000 | 504,489,000 | 487,454,000 |
| Total loans | 341,040,000 | 346,613,000 | 358,575,000 | 355,062,000 |
| Allowance for loan losses | 3,123,000 | 3,176,000 | 3,345,000 | 3,728,000 |
| Securities available for sale | 61,960,000 | 56,329,000 | 56,310,000 | 55,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 438,953,000 | 448,039,000 | 440,837,000 | 424,483,000 |
| Interest-bearing deposits | 279,922,000 | 275,027,000 | 277,424,000 | 261,275,000 |
| Noninterest-bearing deposits | 159,031,000 | 173,012,000 | 163,413,000 | 163,208,000 |
| Equity capital | 55,478,000 | 57,238,000 | 59,140,000 | 58,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 7,642,000 | 15,524,000 | 23,789,000 | 32,060,000 |
| Interest expense | 1,594,000 | 3,137,000 | 4,681,000 | 6,167,000 |
| Net interest income | 6,048,000 | 12,387,000 | 19,108,000 | 25,893,000 |
| Noninterest income | 2,730,000 | 6,673,000 | 9,751,000 | 15,206,000 |
| Noninterest expense | 8,259,000 | 16,735,000 | 25,408,000 | 34,827,000 |
| Provision for loan losses | 0 | 206,000 | 616,000 | 1,419,000 |
| Pretax income | 540,000 | 2,154,000 | 2,890,000 | 4,913,000 |
| Income tax | 0 | 0 | 0 | 21,000 |
| Net income | 540,000 | 2,154,000 | 2,890,000 | 4,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,316,000 | 64,929,000 | 66,010,000 | 65,060,000 |
| Total capital | 66,466,000 | 68,121,000 | 69,366,000 | 68,801,000 |
| Risk-weighted assets | 362,140,000 | 369,266,000 | 377,720,000 | 378,185,000 |