Call reports 2003
HERITAGE BANK OF FLORIDA — 2003
What HERITAGE BANK OF FLORIDA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 65,426,000 | 73,094,000 | 80,927,000 | 81,818,000 |
| Total loans | 52,413,000 | 55,927,000 | 59,471,000 | 70,922,000 |
| Allowance for loan losses | 480,000 | 584,000 | 517,000 | 678,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 0 | 1,039,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,572,000 | 67,789,000 | 72,445,000 | 73,232,000 |
| Interest-bearing deposits | 54,028,000 | 59,407,000 | 64,140,000 | 62,891,000 |
| Noninterest-bearing deposits | 6,544,000 | 8,382,000 | 8,305,000 | 10,341,000 |
| Equity capital | 4,738,000 | 5,149,000 | 8,263,000 | 8,493,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 891,000 | 1,886,000 | 2,937,000 | 4,076,000 |
| Interest expense | 319,000 | 673,000 | 1,029,000 | 1,371,000 |
| Net interest income | 572,000 | 1,213,000 | 1,908,000 | 2,705,000 |
| Noninterest income | 84,000 | 164,000 | 245,000 | 335,000 |
| Noninterest expense | 457,000 | 868,000 | 1,330,000 | 1,805,000 |
| Provision for loan losses | 90,000 | 195,000 | 324,000 | 508,000 |
| Pretax income | 109,000 | 314,000 | 499,000 | 727,000 |
| Income tax | 0 | 60,000 | 130,000 | 148,000 |
| Net income | 109,000 | 254,000 | 369,000 | 579,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,738,000 | 5,149,000 | 8,263,000 | 8,493,000 |
| Total capital | 5,218,000 | 5,733,000 | 8,780,000 | 9,171,000 |
| Risk-weighted assets | 51,031,000 | 61,266,000 | 61,661,000 | 70,249,000 |