Call reports 2023
FIRST HERITAGE BANK — 2023
What FIRST HERITAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 221,043,000 | 222,965,000 | 226,903,000 | 247,862,000 |
| Total loans | 133,686,000 | 138,001,000 | 143,366,000 | 144,953,000 |
| Allowance for loan losses | 1,743,000 | 1,742,000 | 1,742,000 | 1,742,000 |
| Securities available for sale | 73,518,000 | 71,535,000 | 68,152,000 | 74,035,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,816,000 | 207,315,000 | 214,936,000 | 232,621,000 |
| Interest-bearing deposits | 154,240,000 | 159,443,000 | 125,913,000 | 194,040,000 |
| Noninterest-bearing deposits | 48,576,000 | 47,872,000 | 89,023,000 | 38,581,000 |
| Equity capital | 13,472,000 | 12,558,000 | 10,574,000 | 14,246,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,528,000 | 5,372,000 | 8,362,000 | 11,552,000 |
| Interest expense | 810,000 | 1,904,000 | 3,110,000 | 4,488,000 |
| Net interest income | 1,718,000 | 3,468,000 | 5,252,000 | 7,064,000 |
| Noninterest income | 164,000 | 336,000 | 488,000 | 645,000 |
| Noninterest expense | 1,159,000 | 2,368,000 | 3,594,000 | 4,905,000 |
| Provision for loan losses | 24,000 | 24,000 | 24,000 | 24,000 |
| Pretax income | 676,000 | 1,397,000 | 2,115,000 | 2,786,000 |
| Income tax | 25,000 | 54,000 | 81,000 | 101,000 |
| Net income | 651,000 | 1,343,000 | 2,034,000 | 2,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,035,000 | 24,335,000 | 24,612,000 | 24,847,000 |