Call reports 2002
HERITAGE BANK OF FLORIDA — 2002
What HERITAGE BANK OF FLORIDA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 38,210,000 | 53,660,000 | 58,495,000 | 57,122,000 |
| Total loans | 26,584,000 | 33,372,000 | 38,785,000 | 43,698,000 |
| Allowance for loan losses | 244,000 | 276,000 | 336,000 | 393,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,000,000 | 0 | 1,000,000 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,772,000 | 49,202,000 | 53,966,000 | 52,410,000 |
| Interest-bearing deposits | 28,794,000 | 42,491,000 | 48,576,000 | 46,262,000 |
| Noninterest-bearing deposits | 4,978,000 | 6,711,000 | 5,390,000 | 6,148,000 |
| Equity capital | 4,369,000 | 4,375,000 | 4,429,000 | 4,629,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 507,000 | 1,138,000 | 1,907,000 | 2,731,000 |
| Interest expense | 198,000 | 423,000 | 708,000 | 995,000 |
| Net interest income | 309,000 | 715,000 | 1,199,000 | 1,736,000 |
| Noninterest income | 34,000 | 80,000 | 132,000 | 204,000 |
| Noninterest expense | 321,000 | 701,000 | 1,090,000 | 1,404,000 |
| Provision for loan losses | 34,000 | 100,000 | 193,000 | 288,000 |
| Pretax income | -12,000 | -6,000 | 48,000 | 248,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -12,000 | -6,000 | 48,000 | 248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,369,000 | 4,375,000 | 4,429,000 | 4,629,000 |
| Total capital | 4,613,000 | 4,651,000 | 4,765,000 | 5,022,000 |
| Risk-weighted assets | 27,880,000 | 34,442,000 | 39,369,000 | 42,819,000 |