Call reports 2009
HERALD NATIONAL BANK — 2009
What HERALD NATIONAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 160,098,000 | 261,474,000 | 366,095,000 | 443,194,000 |
| Total loans | 43,016,000 | 98,985,000 | 225,250,000 | 301,177,000 |
| Allowance for loan losses | 459,000 | 1,092,000 | 2,546,000 | 4,127,000 |
| Securities available for sale | 68,853,000 | 88,673,000 | 77,529,000 | 66,538,000 |
| Securities held to maturity | 0 | 30,713,000 | 32,635,000 | 41,515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,685,000 | 216,253,000 | 326,278,000 | 404,628,000 |
| Interest-bearing deposits | 93,921,000 | 174,644,000 | 261,264,000 | 299,132,000 |
| Noninterest-bearing deposits | 20,765,000 | 41,610,000 | 65,014,000 | 105,495,000 |
| Equity capital | 42,998,000 | 36,177,000 | 31,317,000 | 35,225,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 570,000 | 2,075,000 | 4,849,000 | 9,263,000 |
| Interest expense | 280,000 | 951,000 | 1,977,000 | 3,356,000 |
| Net interest income | 290,000 | 1,124,000 | 2,872,000 | 5,907,000 |
| Noninterest income | 20,000 | 92,000 | 147,000 | 297,000 |
| Noninterest expense | 7,691,000 | 14,970,000 | 20,815,000 | 26,057,000 |
| Provision for loan losses | 354,000 | 987,000 | 2,441,000 | 4,022,000 |
| Pretax income | -7,735,000 | -14,741,000 | -20,215,000 | -23,853,000 |
| Income tax | 4,000 | 8,000 | 34,000 | 57,000 |
| Net income | -7,739,000 | -14,749,000 | -20,249,000 | -23,910,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,085,000 | 36,053,000 | 30,789,000 | 34,906,000 |
| Total capital | 43,544,000 | 37,145,000 | 33,335,000 | 39,021,000 |
| Risk-weighted assets | 81,293,000 | 148,147,000 | 255,381,000 | 328,384,000 |