Call reports 2002
HERITAGE FIRST BANK — 2002
What HERITAGE FIRST BANK 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 | 31,392,000 | 30,879,000 | 30,814,000 | 31,019,000 |
| Total loans | 21,727,000 | 22,927,000 | 22,820,000 | 22,518,000 |
| Allowance for loan losses | 115,000 | 118,000 | 122,000 | 134,000 |
| Securities available for sale | 3,066,000 | 2,139,000 | 1,111,000 | 1,632,000 |
| Securities held to maturity | 1,920,000 | 1,950,000 | 1,800,000 | 1,985,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,931,000 | 28,366,000 | 28,268,000 | 28,489,000 |
| Interest-bearing deposits | 23,100,000 | 22,692,000 | 22,982,000 | 23,246,000 |
| Noninterest-bearing deposits | 5,831,000 | 5,674,000 | 5,286,000 | 5,243,000 |
| Equity capital | 2,365,000 | 2,448,000 | 2,463,000 | 2,427,000 |
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 | 535,000 | 1,065,000 | 1,590,000 | 2,094,000 |
| Interest expense | 153,000 | 285,000 | 410,000 | 537,000 |
| Net interest income | 382,000 | 780,000 | 1,180,000 | 1,557,000 |
| Noninterest income | 72,000 | 155,000 | 231,000 | 319,000 |
| Noninterest expense | 282,000 | 587,000 | 910,000 | 1,269,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 171,000 | 346,000 | 504,000 | 601,000 |
| Income tax | 8,000 | 15,000 | 22,000 | 30,000 |
| Net income | 163,000 | 331,000 | 482,000 | 571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,402,000 | 2,437,000 | 2,456,000 | 2,422,000 |
| Total capital | 2,517,000 | 2,555,000 | 2,578,000 | 2,556,000 |
| Risk-weighted assets | 21,986,000 | 22,540,000 | 22,526,000 | 22,580,000 |