Call reports 2008
HERITAGE COMMUNITY BANK — 2008
What HERITAGE COMMUNITY BANK 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 | 296,625,000 | 263,037,000 | 227,612,000 | 235,154,000 |
| Total loans | 224,092,000 | 211,656,000 | 192,682,000 | 176,012,000 |
| Allowance for loan losses | 5,606,000 | 14,556,000 | 7,116,000 | 2,997,000 |
| Securities available for sale | 30,131,000 | 35,194,000 | 25,091,000 | 24,992,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,519,000 | 244,642,000 | 210,333,000 | 225,735,000 |
| Interest-bearing deposits | 238,120,000 | 213,851,000 | 189,777,000 | 205,574,000 |
| Noninterest-bearing deposits | 30,399,000 | 30,791,000 | 20,556,000 | 20,161,000 |
| Equity capital | 26,305,000 | 14,216,000 | 9,548,000 | 4,876,000 |
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 | 4,501,000 | 8,106,000 | 11,186,000 | 13,612,000 |
| Interest expense | 2,159,000 | 3,759,000 | 5,148,000 | 6,450,000 |
| Net interest income | 2,342,000 | 4,347,000 | 6,038,000 | 7,162,000 |
| Noninterest income | 318,000 | 611,000 | 863,000 | 1,130,000 |
| Noninterest expense | 2,023,000 | 4,128,000 | 6,645,000 | 8,724,000 |
| Provision for loan losses | 1,150,000 | 12,300,000 | 16,450,000 | 20,750,000 |
| Pretax income | -513,000 | -11,470,000 | -16,194,000 | -21,182,000 |
| Income tax | 3,000 | 0 | 0 | 0 |
| Net income | -516,000 | -11,470,000 | -16,194,000 | -21,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,063,000 | 14,409,000 | 9,684,000 | 4,697,000 |
| Total capital | 28,955,000 | 17,097,000 | 12,139,000 | 6,906,000 |
| Risk-weighted assets | 236,083,000 | 214,294,000 | 191,739,000 | 181,990,000 |