Call reports 2010
HERITAGE FIRST BANK — 2010
What HERITAGE FIRST BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 54,317,000 | 55,846,000 | 56,123,000 | 57,324,000 |
| Total loans | 41,621,000 | 40,357,000 | 37,654,000 | 35,383,000 |
| Allowance for loan losses | 1,113,000 | 1,366,000 | 1,429,000 | 995,000 |
| Securities available for sale | 2,469,000 | 2,470,000 | 2,299,000 | 2,336,000 |
| Securities held to maturity | 1,770,000 | 1,625,000 | 1,488,000 | 1,338,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,414,000 | 52,291,000 | 52,920,000 | 54,253,000 |
| Interest-bearing deposits | 42,808,000 | 44,038,000 | 44,483,000 | 45,263,000 |
| Noninterest-bearing deposits | 7,606,000 | 8,253,000 | 8,437,000 | 8,990,000 |
| Equity capital | 3,818,000 | 3,429,000 | 3,055,000 | 2,888,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 709,000 | 1,358,000 | 2,012,000 | 2,633,000 |
| Interest expense | 177,000 | 343,000 | 496,000 | 643,000 |
| Net interest income | 532,000 | 1,015,000 | 1,516,000 | 1,990,000 |
| Noninterest income | 114,000 | 221,000 | 295,000 | 390,000 |
| Noninterest expense | 688,000 | 1,344,000 | 2,015,000 | 2,679,000 |
| Provision for loan losses | 298,000 | 631,000 | 921,000 | 979,000 |
| Pretax income | -340,000 | -739,000 | -1,125,000 | -1,276,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -340,000 | -739,000 | -1,125,000 | -1,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,672,000 | 3,274,000 | 2,888,000 | 2,737,000 |
| Total capital | 4,190,000 | 3,774,000 | 3,370,000 | 3,199,000 |
| Risk-weighted assets | 40,837,000 | 39,156,000 | 37,660,000 | 36,432,000 |