Call reports 2003
HERITAGE BANK OF ASHLAND, INC. — 2003
What HERITAGE BANK OF ASHLAND, INC. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 131,065,000 | 136,417,000 | 137,502,000 | 127,163,000 |
| Total loans | 93,372,000 | 98,339,000 | 101,459,000 | 95,165,000 |
| Allowance for loan losses | 930,000 | 980,000 | 2,800,000 | 2,800,000 |
| Securities available for sale | 21,085,000 | 23,248,000 | 23,949,000 | 22,998,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,418,000 | 112,260,000 | 109,171,000 | 106,260,000 |
| Interest-bearing deposits | 100,274,000 | 103,805,000 | 100,824,000 | 96,718,000 |
| Noninterest-bearing deposits | 7,144,000 | 8,455,000 | 8,347,000 | 9,542,000 |
| Equity capital | 10,574,000 | 11,297,000 | 10,163,000 | 10,016,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,961,000 | 4,025,000 | 6,158,000 | 8,154,000 |
| Interest expense | 817,000 | 1,691,000 | 2,485,000 | 3,235,000 |
| Net interest income | 1,144,000 | 2,334,000 | 3,673,000 | 4,919,000 |
| Noninterest income | 248,000 | 484,000 | 764,000 | 1,076,000 |
| Noninterest expense | 1,016,000 | 2,035,000 | 3,175,000 | 4,468,000 |
| Provision for loan losses | 164,000 | 293,000 | 2,210,000 | 2,844,000 |
| Pretax income | 212,000 | 490,000 | -948,000 | -1,317,000 |
| Income tax | 70,000 | 155,000 | -322,000 | -492,000 |
| Net income | 142,000 | 335,000 | -626,000 | -825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,538,000 | 11,181,000 | 10,220,000 | 10,021,000 |
| Total capital | 11,468,000 | 12,161,000 | 11,489,000 | 11,214,000 |
| Risk-weighted assets | 93,463,000 | 98,586,000 | 100,550,000 | 93,816,000 |