Call reports 2004
HERITAGE FIRST BANK — 2004
What HERITAGE FIRST BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 29,801,000 | 28,478,000 | 28,421,000 | 27,523,000 |
| Total loans | 15,723,000 | 14,453,000 | 13,744,000 | 13,100,000 |
| Allowance for loan losses | 473,000 | 342,000 | 349,000 | 388,000 |
| Securities available for sale | 5,330,000 | 6,634,000 | 9,506,000 | 10,464,000 |
| Securities held to maturity | 1,983,000 | 1,983,000 | 1,983,000 | 1,758,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,475,000 | 26,326,000 | 26,066,000 | 25,168,000 |
| Interest-bearing deposits | 21,737,000 | 20,942,000 | 20,788,000 | 19,836,000 |
| Noninterest-bearing deposits | 5,738,000 | 5,384,000 | 5,278,000 | 5,332,000 |
| Equity capital | 2,263,000 | 2,105,000 | 2,295,000 | 2,301,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 383,000 | 747,000 | 1,133,000 | 1,526,000 |
| Interest expense | 89,000 | 174,000 | 259,000 | 342,000 |
| Net interest income | 294,000 | 573,000 | 874,000 | 1,184,000 |
| Noninterest income | 55,000 | 157,000 | 221,000 | 275,000 |
| Noninterest expense | 341,000 | 663,000 | 932,000 | 1,195,000 |
| Provision for loan losses | 9,000 | 45,000 | 61,000 | 91,000 |
| Pretax income | 0 | 23,000 | 108,000 | 178,000 |
| Income tax | 0 | -18,000 | -24,000 | -33,000 |
| Net income | 9,000 | 41,000 | 132,000 | 211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,239,000 | 2,257,000 | 2,287,000 | 2,340,000 |
| Total capital | 2,453,000 | 2,462,000 | 2,478,000 | 2,527,000 |
| Risk-weighted assets | 16,881,000 | 15,656,000 | 15,322,000 | 14,738,000 |