Call reports 2024
FIRST HERITAGE BANK — 2024
What FIRST HERITAGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 243,019,000 | 242,809,000 | 258,351,000 | 267,555,000 |
| Total loans | 149,747,000 | 150,479,000 | 148,381,000 | 150,512,000 |
| Allowance for loan losses | 1,542,000 | 1,482,000 | 1,489,000 | 1,498,000 |
| Securities available for sale | 72,740,000 | 71,975,000 | 85,630,000 | 84,563,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,506,000 | 227,154,000 | 239,846,000 | 251,153,000 |
| Interest-bearing deposits | 184,032,000 | 187,769,000 | 196,445,000 | 205,248,000 |
| Noninterest-bearing deposits | 43,474,000 | 39,385,000 | 43,401,000 | 45,905,000 |
| Equity capital | 13,957,000 | 14,325,000 | 17,137,000 | 15,063,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,260,000 | 6,722,000 | 10,280,000 | 13,932,000 |
| Interest expense | 1,415,000 | 2,879,000 | 4,395,000 | 5,968,000 |
| Net interest income | 1,845,000 | 3,843,000 | 5,885,000 | 7,964,000 |
| Noninterest income | 193,000 | 389,000 | 599,000 | 811,000 |
| Noninterest expense | 1,495,000 | 2,631,000 | 4,029,000 | 5,507,000 |
| Provision for loan losses | 0 | 0 | -200,000 | -200,000 |
| Pretax income | 741,000 | 1,587,000 | 2,450,000 | 3,270,000 |
| Income tax | 24,000 | 51,000 | 78,000 | 48,000 |
| Net income | 717,000 | 1,536,000 | 2,372,000 | 3,222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,175,000 | 25,573,000 | 25,920,000 | 26,271,000 |