Call reports 2003
FIRST HERITAGE BANK — 2003
What FIRST HERITAGE BANK 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 | 281,908,000 | 282,772,000 | 287,999,000 | 272,429,000 |
| Total loans | 192,647,000 | 194,052,000 | 199,470,000 | 200,871,000 |
| Allowance for loan losses | 2,446,000 | 2,552,000 | 2,206,000 | 2,303,000 |
| Securities available for sale | 45,653,000 | 45,685,000 | 57,207,000 | 49,650,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,871,000 | 214,997,000 | 218,750,000 | 205,069,000 |
| Interest-bearing deposits | 199,399,000 | 192,486,000 | 195,374,000 | 186,800,000 |
| Noninterest-bearing deposits | 18,472,000 | 22,511,000 | 23,376,000 | 18,269,000 |
| Equity capital | 28,201,000 | 29,229,000 | 29,629,000 | 30,578,000 |
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 | 3,318,000 | 6,537,000 | 9,647,000 | 12,730,000 |
| Interest expense | 1,275,000 | 2,420,000 | 3,429,000 | 4,393,000 |
| Net interest income | 2,043,000 | 4,117,000 | 6,218,000 | 8,337,000 |
| Noninterest income | 131,000 | 246,000 | 369,000 | 484,000 |
| Noninterest expense | 1,079,000 | 2,060,000 | 3,068,000 | 4,072,000 |
| Provision for loan losses | 90,000 | 180,000 | 300,000 | 420,000 |
| Pretax income | 1,118,000 | 2,237,000 | 3,333,000 | 4,461,000 |
| Income tax | 336,000 | 654,000 | 952,000 | 1,247,000 |
| Net income | 782,000 | 1,583,000 | 2,381,000 | 3,214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,705,000 | 28,506,000 | 29,304,000 | 30,137,000 |
| Total capital | 30,151,000 | 30,986,000 | 31,510,000 | 32,440,000 |
| Risk-weighted assets | 196,154,000 | 198,481,000 | 207,712,000 | 204,166,000 |