Call reports 2007
HERITAGE BANK OF FLORIDA — 2007
What HERITAGE BANK OF FLORIDA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 194,574,000 | 212,499,000 | 206,561,000 | 207,065,000 |
| Total loans | 176,035,000 | 187,418,000 | 189,916,000 | 190,025,000 |
| Allowance for loan losses | 1,944,000 | 2,042,000 | 2,082,000 | 2,372,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,140,000 | 165,793,000 | 162,146,000 | 158,269,000 |
| Interest-bearing deposits | 136,062,000 | 146,749,000 | 144,858,000 | 141,961,000 |
| Noninterest-bearing deposits | 18,078,000 | 19,044,000 | 17,288,000 | 16,308,000 |
| Equity capital | 20,332,000 | 20,985,000 | 21,615,000 | 22,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,756,000 | 7,722,000 | 11,822,000 | 15,823,000 |
| Interest expense | 1,727,000 | 3,618,000 | 5,638,000 | 7,571,000 |
| Net interest income | 2,029,000 | 4,104,000 | 6,184,000 | 8,252,000 |
| Noninterest income | 139,000 | 267,000 | 393,000 | 544,000 |
| Noninterest expense | 979,000 | 1,986,000 | 2,968,000 | 3,931,000 |
| Provision for loan losses | 75,000 | 185,000 | 390,000 | 693,000 |
| Pretax income | 1,114,000 | 2,200,000 | 3,219,000 | 4,172,000 |
| Income tax | 439,000 | 872,000 | 1,261,000 | 1,639,000 |
| Net income | 675,000 | 1,328,000 | 1,958,000 | 2,533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,332,000 | 20,985,000 | 21,615,000 | 22,190,000 |
| Total capital | 22,276,000 | 23,027,000 | 23,697,000 | 24,562,000 |
| Risk-weighted assets | 169,286,000 | 179,125,000 | 198,432,000 | 190,776,000 |