Call reports 2001
HERITAGE BANK OF ASHLAND, INC. — 2001
What HERITAGE BANK OF ASHLAND, INC. reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 69,177,000 | 73,620,000 | 82,972,000 | 93,289,000 |
| Total loans | 53,243,000 | 57,905,000 | 63,677,000 | 68,629,000 |
| Allowance for loan losses | 552,000 | 607,000 | 590,000 | 620,000 |
| Securities available for sale | 6,643,000 | 9,414,000 | 14,784,000 | 19,142,000 |
| Securities held to maturity | 1,000,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,002,000 | 67,059,000 | 74,006,000 | 83,470,000 |
| Interest-bearing deposits | 58,328,000 | 61,736,000 | 67,973,000 | 76,277,000 |
| Noninterest-bearing deposits | 4,674,000 | 5,323,000 | 6,033,000 | 7,193,000 |
| Equity capital | 5,759,000 | 6,131,000 | 6,651,000 | 6,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,380,000 | 2,875,000 | 4,461,000 | 6,056,000 |
| Interest expense | 781,000 | 1,603,000 | 2,497,000 | 3,355,000 |
| Net interest income | 599,000 | 1,272,000 | 1,964,000 | 2,701,000 |
| Noninterest income | 50,000 | 103,000 | 158,000 | 230,000 |
| Noninterest expense | 532,000 | 1,120,000 | 1,761,000 | 2,576,000 |
| Provision for loan losses | 71,000 | 167,000 | 265,000 | 464,000 |
| Pretax income | 46,000 | 88,000 | 96,000 | 126,000 |
| Income tax | 0 | -327,000 | -327,000 | -287,000 |
| Net income | 46,000 | 415,000 | 423,000 | 413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,702,000 | 6,072,000 | 6,459,000 | 6,549,000 |
| Total capital | 6,254,000 | 6,679,000 | 7,049,000 | 7,169,000 |
| Risk-weighted assets | 55,203,000 | 58,785,000 | 63,843,000 | 70,366,000 |