Call reports 2008
HEARTHSIDE BANK CORPORATION — 2008
What HEARTHSIDE BANK CORPORATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 336,278,000 | 346,694,000 | 348,951,000 | 346,568,000 |
| Total loans | 234,533,000 | 238,647,000 | 242,234,000 | 241,641,000 |
| Allowance for loan losses | 2,036,000 | 2,118,000 | 2,072,000 | 2,327,000 |
| Securities available for sale | 75,867,000 | 80,698,000 | 85,020,000 | 83,277,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,139,000 | 269,830,000 | 266,228,000 | 253,940,000 |
| Interest-bearing deposits | 238,055,000 | 247,750,000 | 244,401,000 | 233,804,000 |
| Noninterest-bearing deposits | 25,084,000 | 22,080,000 | 21,827,000 | 20,136,000 |
| Equity capital | 26,474,000 | 26,153,000 | 26,556,000 | 28,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,039,000 | 10,358,000 | 15,674,000 | 20,923,000 |
| Interest expense | 2,652,000 | 5,151,000 | 7,586,000 | 9,744,000 |
| Net interest income | 2,387,000 | 5,207,000 | 8,088,000 | 11,179,000 |
| Noninterest income | 595,000 | 1,218,000 | 1,896,000 | 2,477,000 |
| Noninterest expense | 2,357,000 | 4,750,000 | 7,143,000 | 9,318,000 |
| Provision for loan losses | 89,000 | 172,000 | 259,000 | 598,000 |
| Pretax income | 536,000 | 1,503,000 | 2,582,000 | 3,740,000 |
| Income tax | 118,000 | 397,000 | 705,000 | 1,052,000 |
| Net income | 418,000 | 1,106,000 | 1,877,000 | 2,688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,277,000 | 26,932,000 | 27,323,000 | 28,134,000 |
| Total capital | 28,313,000 | 29,050,000 | 29,395,000 | 30,461,000 |
| Risk-weighted assets | 201,896,000 | 220,638,000 | 221,847,000 | 222,450,000 |