Call reports 2011
HERITAGE FIRST BANK — 2011
What HERITAGE FIRST BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Total assets | 55,795,000 | 53,558,000 | 54,607,000 |
| Total loans | 34,443,000 | 32,210,000 | 30,958,000 |
| Allowance for loan losses | 1,790,000 | 1,171,000 | 1,158,000 |
| Securities available for sale | 2,436,000 | 2,407,000 | 2,438,000 |
| Securities held to maturity | 1,224,000 | 1,111,000 | 1,006,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 52,004,000 | 49,877,000 | 51,051,000 |
| Interest-bearing deposits | 43,150,000 | 40,039,000 | 42,139,000 |
| Noninterest-bearing deposits | 8,854,000 | 9,838,000 | 8,912,000 |
| Equity capital | 3,635,000 | 3,507,000 | 3,390,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Interest income | 564,000 | 1,107,000 | 1,694,000 |
| Interest expense | 141,000 | 274,000 | 409,000 |
| Net interest income | 423,000 | 833,000 | 1,285,000 |
| Noninterest income | 7,000 | 81,000 | 65,000 |
| Noninterest expense | 566,000 | 1,103,000 | 1,556,000 |
| Provision for loan losses | 910,000 | 999,000 | 1,106,000 |
| Pretax income | -1,046,000 | -1,188,000 | -1,312,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -1,046,000 | -1,188,000 | -1,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Tier 1 capital | 3,491,000 | 3,348,000 | 3,224,000 |
| Total capital | 3,950,000 | 3,779,000 | 3,643,000 |
| Risk-weighted assets | 35,390,000 | 33,787,000 | 32,799,000 |