Call reports 2007
HERITAGE BANK, THE — 2007
What HERITAGE BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 392,820,000 | 414,859,000 | 605,462,000 | 633,463,000 |
| Total loans | 249,561,000 | 265,585,000 | 426,833,000 | 436,728,000 |
| Allowance for loan losses | 4,807,000 | 3,981,000 | 6,197,000 | 5,933,000 |
| Securities available for sale | 78,449,000 | 85,010,000 | 111,829,000 | 98,931,000 |
| Securities held to maturity | 4,175,000 | 3,266,000 | 3,052,000 | 3,028,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,242,000 | 381,325,000 | 516,962,000 | 545,732,000 |
| Interest-bearing deposits | 294,424,000 | 312,094,000 | 420,733,000 | 437,162,000 |
| Noninterest-bearing deposits | 66,818,000 | 69,231,000 | 96,229,000 | 108,570,000 |
| Equity capital | 28,302,000 | 29,451,000 | 62,584,000 | 62,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 7,320,000 | 15,025,000 | 33,899,000 | 45,698,000 |
| Interest expense | 2,603,000 | 5,425,000 | 12,068,000 | 16,454,000 |
| Net interest income | 4,717,000 | 9,600,000 | 21,831,000 | 29,244,000 |
| Noninterest income | 3,449,000 | 7,043,000 | 11,645,000 | 15,567,000 |
| Noninterest expense | 5,317,000 | 11,466,000 | 21,593,000 | 28,994,000 |
| Provision for loan losses | 270,000 | 543,000 | 1,214,000 | 1,654,000 |
| Pretax income | 2,579,000 | 4,644,000 | 10,550,000 | 14,056,000 |
| Income tax | 838,000 | 1,499,000 | 3,430,000 | 4,720,000 |
| Net income | 1,741,000 | 3,145,000 | 7,120,000 | 9,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,187,000 | 28,665,000 | 47,919,000 | 47,393,000 |
| Total capital | 30,665,000 | 32,395,000 | 53,741,000 | 53,326,000 |
| Risk-weighted assets | 276,925,000 | 298,166,000 | 465,393,000 | 482,619,000 |