Call reports 2003
HERITAGE FIRST BANK — 2003
What HERITAGE FIRST BANK 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 | 31,647,000 | 31,772,000 | 30,239,000 | 29,654,000 |
| Total loans | 21,595,000 | 19,872,000 | 17,762,000 | 16,896,000 |
| Allowance for loan losses | 163,000 | 572,000 | 502,000 | 496,000 |
| Securities available for sale | 1,618,000 | 1,857,000 | 3,312,000 | 3,802,000 |
| Securities held to maturity | 2,231,000 | 2,231,000 | 2,097,000 | 2,097,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,220,000 | 29,366,000 | 27,858,000 | 27,314,000 |
| Interest-bearing deposits | 23,646,000 | 23,798,000 | 22,660,000 | 22,173,000 |
| Noninterest-bearing deposits | 5,574,000 | 5,568,000 | 5,198,000 | 5,141,000 |
| Equity capital | 2,305,000 | 2,321,000 | 2,281,000 | 2,246,000 |
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 | 487,000 | 929,000 | 1,356,000 | 1,758,000 |
| Interest expense | 118,000 | 230,000 | 334,000 | 429,000 |
| Net interest income | 369,000 | 699,000 | 1,022,000 | 1,329,000 |
| Noninterest income | 74,000 | 113,000 | 182,000 | 228,000 |
| Noninterest expense | 327,000 | 658,000 | 1,009,000 | 1,353,000 |
| Provision for loan losses | 60,000 | 671,000 | 680,000 | 689,000 |
| Pretax income | 56,000 | -510,000 | -478,000 | -478,000 |
| Income tax | 7,000 | 15,000 | 22,000 | 30,000 |
| Net income | 49,000 | -525,000 | -500,000 | -508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,312,000 | 2,342,000 | 2,309,000 | 2,277,000 |
| Total capital | 2,475,000 | 2,601,000 | 2,541,000 | 2,500,000 |
| Risk-weighted assets | 21,853,000 | 20,387,000 | 18,338,000 | 17,571,000 |