Call reports 2002
HERITAGE BANK OF ASHLAND, INC. — 2002
What HERITAGE BANK OF ASHLAND, INC. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 98,936,000 | 102,386,000 | 112,054,000 | 122,267,000 |
| Total loans | 75,227,000 | 79,840,000 | 84,174,000 | 89,035,000 |
| Allowance for loan losses | 664,000 | 700,000 | 830,000 | 870,000 |
| Securities available for sale | 19,312,000 | 17,087,000 | 17,683,000 | 18,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,812,000 | 91,117,000 | 97,782,000 | 101,742,000 |
| Interest-bearing deposits | 77,826,000 | 83,742,000 | 90,653,000 | 93,258,000 |
| Noninterest-bearing deposits | 5,986,000 | 7,374,000 | 7,130,000 | 8,485,000 |
| Equity capital | 7,909,000 | 8,270,000 | 8,993,000 | 9,843,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,658,000 | 3,413,000 | 5,334,000 | 7,172,000 |
| Interest expense | 755,000 | 1,450,000 | 2,209,000 | 3,006,000 |
| Net interest income | 903,000 | 1,963,000 | 3,125,000 | 4,166,000 |
| Noninterest income | 93,000 | 268,000 | 475,000 | 700,000 |
| Noninterest expense | 788,000 | 1,626,000 | 2,509,000 | 3,537,000 |
| Provision for loan losses | 188,000 | 334,000 | 620,000 | 852,000 |
| Pretax income | 20,000 | 271,000 | 623,000 | 629,000 |
| Income tax | 7,000 | 92,000 | 198,000 | 202,000 |
| Net income | 13,000 | 179,000 | 425,000 | 427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,062,000 | 8,228,000 | 8,975,000 | 9,796,000 |
| Total capital | 8,726,000 | 8,928,000 | 9,805,000 | 10,666,000 |
| Risk-weighted assets | 76,262,000 | 75,958,000 | 83,141,000 | 89,281,000 |