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 | 58,402,000 | 59,389,000 | 60,776,000 | 63,712,000 |
| Total loans | 33,186,000 | 35,301,000 | 35,473,000 | 34,473,000 |
| Allowance for loan losses | 452,000 | 469,000 | 482,000 | 492,000 |
| Securities available for sale | 22,080,000 | 20,206,000 | 21,838,000 | 22,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,776,000 | 47,662,000 | 48,186,000 | 52,813,000 |
| Interest-bearing deposits | 44,489,000 | 44,480,000 | 44,832,000 | 46,147,000 |
| Noninterest-bearing deposits | 3,287,000 | 3,182,000 | 3,354,000 | 6,666,000 |
| Equity capital | 5,244,000 | 5,408,000 | 5,152,000 | 5,311,000 |
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 | 798,000 | 1,603,000 | 2,442,000 | 3,300,000 |
| Interest expense | 339,000 | 658,000 | 961,000 | 1,245,000 |
| Net interest income | 459,000 | 945,000 | 1,481,000 | 2,055,000 |
| Noninterest income | 88,000 | 196,000 | 307,000 | 401,000 |
| Noninterest expense | 368,000 | 741,000 | 1,121,000 | 1,528,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 72,000 |
| Pretax income | 229,000 | 448,000 | 701,000 | 951,000 |
| Income tax | 9,000 | 18,000 | 28,000 | 36,000 |
| Net income | 220,000 | 430,000 | 673,000 | 915,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,157,000 | 5,201,000 | 5,296,000 | 5,538,000 |
| Total capital | 5,593,000 | 5,669,000 | 5,772,000 | 6,014,000 |
| Risk-weighted assets | 34,849,000 | 37,447,000 | 38,069,000 | 38,098,000 |