Call reports 2004
HERITAGE BANK OF ASHLAND, INC. — 2004
What HERITAGE BANK OF ASHLAND, INC. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 126,216,000 | 113,609,000 | 104,929,000 | 94,407,000 |
| Total loans | 89,713,000 | 84,136,000 | 76,663,000 | 70,169,000 |
| Allowance for loan losses | 2,530,000 | 2,835,000 | 3,721,000 | 2,902,000 |
| Securities available for sale | 19,411,000 | 21,011,000 | 20,281,000 | 17,858,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,995,000 | 91,533,000 | 85,527,000 | 80,748,000 |
| Interest-bearing deposits | 97,659,000 | 82,733,000 | 77,183,000 | 72,275,000 |
| Noninterest-bearing deposits | 9,336,000 | 8,800,000 | 8,344,000 | 8,473,000 |
| Equity capital | 10,062,000 | 8,862,000 | 7,693,000 | 4,539,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,850,000 | 3,583,000 | 5,194,000 | 6,636,000 |
| Interest expense | 692,000 | 1,316,000 | 1,897,000 | 2,480,000 |
| Net interest income | 1,158,000 | 2,267,000 | 3,297,000 | 4,156,000 |
| Noninterest income | 237,000 | 468,000 | 680,000 | 847,000 |
| Noninterest expense | 1,318,000 | 2,659,000 | 4,217,000 | 5,672,000 |
| Provision for loan losses | 152,000 | 1,400,000 | 3,187,000 | 3,948,000 |
| Pretax income | -68,000 | -1,312,000 | -3,415,000 | -4,605,000 |
| Income tax | -34,000 | -468,000 | -1,189,000 | 670,000 |
| Net income | -34,000 | -844,000 | -2,225,000 | -5,273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,398,000 | 8,117,000 | 5,840,000 | 4,646,000 |
| Total capital | 10,540,000 | 9,155,000 | 6,810,000 | 5,530,000 |
| Risk-weighted assets | 89,940,000 | 81,267,000 | 74,530,000 | 68,785,000 |