Call reports 2007
HEARTHSIDE BANK CORPORATION — 2007
What HEARTHSIDE BANK CORPORATION 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 | 307,835,000 | 315,789,000 | 320,000,000 | 317,399,000 |
| Total loans | 234,865,000 | 238,658,000 | 240,423,000 | 233,825,000 |
| Allowance for loan losses | 2,066,000 | 2,073,000 | 2,069,000 | 1,996,000 |
| Securities available for sale | 45,914,000 | 51,320,000 | 57,728,000 | 56,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,358,000 | 253,855,000 | 254,530,000 | 255,414,000 |
| Interest-bearing deposits | 229,287,000 | 233,566,000 | 235,129,000 | 233,996,000 |
| Noninterest-bearing deposits | 20,071,000 | 20,289,000 | 19,401,000 | 21,418,000 |
| Equity capital | 26,434,000 | 26,206,000 | 27,044,000 | 27,774,000 |
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 | 4,899,000 | 9,946,000 | 15,160,000 | 20,289,000 |
| Interest expense | 2,658,000 | 5,438,000 | 8,390,000 | 11,234,000 |
| Net interest income | 2,241,000 | 4,508,000 | 6,770,000 | 9,055,000 |
| Noninterest income | 580,000 | 1,236,000 | 1,890,000 | 2,562,000 |
| Noninterest expense | 2,221,000 | 4,533,000 | 6,820,000 | 9,038,000 |
| Provision for loan losses | 0 | 5,000 | 31,000 | 48,000 |
| Pretax income | 772,000 | 1,378,000 | 1,981,000 | 2,703,000 |
| Income tax | 211,000 | 359,000 | 489,000 | 654,000 |
| Net income | 561,000 | 1,019,000 | 1,492,000 | 2,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,254,000 | 26,520,000 | 26,811,000 | 27,288,000 |
| Total capital | 28,320,000 | 28,593,000 | 28,880,000 | 29,284,000 |
| Risk-weighted assets | 198,494,000 | 204,000,000 | 205,493,000 | 200,509,000 |