Call reports 2008
HERITAGE BANK, THE — 2008
What HERITAGE BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 666,495,000 | 691,731,000 | 733,895,000 | 768,852,000 |
| Total loans | 449,443,000 | 481,712,000 | 521,343,000 | 540,635,000 |
| Allowance for loan losses | 6,442,000 | 6,442,000 | 6,953,000 | 7,431,000 |
| Securities available for sale | 132,541,000 | 118,718,000 | 127,940,000 | 125,438,000 |
| Securities held to maturity | 2,783,000 | 1,615,000 | 1,420,000 | 1,420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 570,611,000 | 595,190,000 | 593,450,000 | 628,998,000 |
| Interest-bearing deposits | 468,693,000 | 492,415,000 | 503,116,000 | 541,967,000 |
| Noninterest-bearing deposits | 101,918,000 | 102,775,000 | 90,334,000 | 87,031,000 |
| Equity capital | 64,911,000 | 65,709,000 | 67,664,000 | 68,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 11,082,000 | 21,620,000 | 33,039,000 | 43,884,000 |
| Interest expense | 3,998,000 | 7,358,000 | 11,415,000 | 15,648,000 |
| Net interest income | 7,084,000 | 14,262,000 | 21,624,000 | 28,236,000 |
| Noninterest income | 4,071,000 | 8,258,000 | 12,664,000 | 16,788,000 |
| Noninterest expense | 7,511,000 | 15,554,000 | 23,714,000 | 31,907,000 |
| Provision for loan losses | 495,000 | 1,011,000 | 1,579,000 | 3,310,000 |
| Pretax income | 3,205,000 | 6,048,000 | 9,114,000 | 9,949,000 |
| Income tax | 1,005,000 | 1,927,000 | 2,947,000 | 3,080,000 |
| Net income | 2,200,000 | 4,121,000 | 6,167,000 | 6,869,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,796,000 | 50,445,000 | 52,719,000 | 52,649,000 |
| Total capital | 55,802,000 | 56,887,000 | 59,672,000 | 59,843,000 |
| Risk-weighted assets | 495,434,000 | 515,839,000 | 557,485,000 | 575,332,000 |