Call reports 2008
HIGHLANDS INDEPENDENT BANK — 2008
What HIGHLANDS INDEPENDENT BANK 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 | 319,126,000 | 310,870,000 | 306,255,000 | 311,902,000 |
| Total loans | 217,139,000 | 216,753,000 | 219,949,000 | 220,983,000 |
| Allowance for loan losses | 3,077,000 | 2,905,000 | 3,555,000 | 4,220,000 |
| Securities available for sale | 42,283,000 | 49,996,000 | 46,261,000 | 45,067,000 |
| Securities held to maturity | 11,022,000 | 11,342,000 | 11,341,000 | 11,340,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,449,000 | 280,533,000 | 261,263,000 | 268,168,000 |
| Interest-bearing deposits | 235,256,000 | 230,269,000 | 217,100,000 | 221,353,000 |
| Noninterest-bearing deposits | 53,193,000 | 50,264,000 | 44,163,000 | 46,815,000 |
| Equity capital | 27,785,000 | 27,774,000 | 28,042,000 | 27,469,000 |
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 | 4,781,000 | 9,253,000 | 13,610,000 | 17,611,000 |
| Interest expense | 2,140,000 | 4,030,000 | 5,720,000 | 7,304,000 |
| Net interest income | 2,641,000 | 5,223,000 | 7,890,000 | 10,307,000 |
| Noninterest income | 611,000 | 1,167,000 | 1,590,000 | 1,831,000 |
| Noninterest expense | 2,201,000 | 4,409,000 | 6,550,000 | 8,672,000 |
| Provision for loan losses | 100,000 | 175,000 | 1,209,000 | 3,584,000 |
| Pretax income | 951,000 | 1,806,000 | 1,721,000 | -118,000 |
| Income tax | 303,000 | 566,000 | 469,000 | -285,000 |
| Net income | 648,000 | 1,240,000 | 1,252,000 | 167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,393,000 | 27,984,000 | 27,997,000 | 26,915,000 |
| Total capital | 30,233,000 | 30,799,000 | 30,826,000 | 29,727,000 |
| Risk-weighted assets | 226,722,000 | 225,240,000 | 225,571,000 | 223,471,000 |