Call reports 2007
HERITAGE FIRST BANK — 2007
What HERITAGE FIRST BANK 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 | 29,503,000 | 33,737,000 | 35,665,000 | 39,375,000 |
| Total loans | 14,083,000 | 16,923,000 | 19,705,000 | 20,900,000 |
| Allowance for loan losses | 546,000 | 578,000 | 601,000 | 592,000 |
| Securities available for sale | 3,422,000 | 3,352,000 | 3,384,000 | 2,904,000 |
| Securities held to maturity | 5,862,000 | 5,684,000 | 5,040,000 | 5,410,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,688,000 | 28,372,000 | 30,659,000 | 34,782,000 |
| Interest-bearing deposits | 18,987,000 | 20,919,000 | 24,437,000 | 28,382,000 |
| Noninterest-bearing deposits | 6,701,000 | 7,453,000 | 6,222,000 | 6,400,000 |
| Equity capital | 3,485,000 | 4,926,000 | 4,716,000 | 4,480,000 |
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 | 452,000 | 953,000 | 1,489,000 | 2,051,000 |
| Interest expense | 166,000 | 359,000 | 582,000 | 841,000 |
| Net interest income | 286,000 | 594,000 | 907,000 | 1,210,000 |
| Noninterest income | 70,000 | 133,000 | 199,000 | 283,000 |
| Noninterest expense | 542,000 | 1,163,000 | 1,781,000 | 2,432,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 80,000 |
| Pretax income | -216,000 | -496,000 | -755,000 | -1,019,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 5,000 |
| Net income | -217,000 | -499,000 | -759,000 | -1,024,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,909,000 | 4,503,000 | 4,343,000 | 4,179,000 |
| Total capital | 3,109,000 | 4,776,000 | 4,615,000 | 4,513,000 |
| Risk-weighted assets | 15,642,000 | 21,524,000 | 23,185,000 | 26,410,000 |