Call reports 2011
HERITAGE BANK — 2011
What HERITAGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,174,315,000 | 1,171,783,000 | 1,205,621,000 | 1,202,826,000 |
| Total loans | 878,507,000 | 887,773,000 | 887,771,000 | 920,389,000 |
| Allowance for loan losses | 20,550,000 | 22,727,000 | 25,649,000 | 27,934,000 |
| Securities available for sale | 129,491,000 | 142,914,000 | 137,263,000 | 138,276,000 |
| Securities held to maturity | 8,241,000 | 8,024,000 | 7,574,000 | 7,320,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 981,041,000 | 982,386,000 | 1,015,014,000 | 1,009,562,000 |
| Interest-bearing deposits | 736,758,000 | 745,521,000 | 758,638,000 | 815,025,000 |
| Noninterest-bearing deposits | 244,283,000 | 236,865,000 | 256,376,000 | 194,537,000 |
| Equity capital | 162,919,000 | 165,325,000 | 167,232,000 | 164,688,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 15,419,000 | 33,057,000 | 49,727,000 | 65,348,000 |
| Interest expense | 1,649,000 | 3,120,000 | 4,530,000 | 5,694,000 |
| Net interest income | 13,770,000 | 29,937,000 | 45,197,000 | 59,654,000 |
| Noninterest income | 3,400,000 | 5,067,000 | 7,474,000 | 9,974,000 |
| Noninterest expense | 11,955,000 | 24,407,000 | 36,923,000 | 48,044,000 |
| Provision for loan losses | 4,178,000 | 7,507,000 | 10,528,000 | 13,650,000 |
| Pretax income | 1,025,000 | 3,072,000 | 5,193,000 | 7,895,000 |
| Income tax | 270,000 | 804,000 | 1,379,000 | 2,055,000 |
| Net income | 755,000 | 2,268,000 | 3,814,000 | 5,840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 147,510,000 | 149,137,000 | 150,790,000 | 148,423,000 |
| Total capital | 157,713,000 | 159,492,000 | 161,071,000 | 159,447,000 |
| Risk-weighted assets | 805,866,000 | 816,000,000 | 807,088,000 | 865,111,000 |