Call reports 2016
HERITAGE BANK — 2016
What HERITAGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 3,676,456,000 | 3,754,557,000 | 3,843,504,000 | 3,872,476,000 |
| Total loans | 2,466,184,000 | 2,531,731,000 | 2,587,941,000 | 2,652,411,000 |
| Allowance for loan losses | 29,667,000 | 28,426,000 | 30,211,000 | 31,083,000 |
| Securities available for sale | 822,096,000 | 815,848,000 | 819,064,000 | 794,522,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,147,737,000 | 3,175,690,000 | 3,262,545,000 | 3,248,872,000 |
| Interest-bearing deposits | 2,342,365,000 | 2,345,242,000 | 2,386,207,000 | 2,358,126,000 |
| Noninterest-bearing deposits | 805,372,000 | 830,448,000 | 876,338,000 | 890,746,000 |
| Equity capital | 493,281,000 | 502,017,000 | 504,498,000 | 489,388,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 34,230,000 | 68,817,000 | 103,926,000 | 138,492,000 |
| Interest expense | 1,268,000 | 2,563,000 | 3,852,000 | 5,140,000 |
| Net interest income | 32,962,000 | 66,254,000 | 100,074,000 | 133,352,000 |
| Noninterest income | 6,745,000 | 13,461,000 | 23,416,000 | 31,698,000 |
| Noninterest expense | 25,736,000 | 51,575,000 | 77,852,000 | 104,044,000 |
| Provision for loan losses | 1,138,000 | 2,258,000 | 3,754,000 | 4,931,000 |
| Pretax income | 13,393,000 | 26,643,000 | 42,990,000 | 57,390,000 |
| Income tax | 3,558,000 | 7,147,000 | 11,719,000 | 15,541,000 |
| Net income | 9,835,000 | 19,496,000 | 31,271,000 | 41,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 362,291,000 | 367,170,000 | 371,140,000 | 369,915,000 |
| Total capital | 392,128,000 | 395,766,000 | 401,521,000 | 401,168,000 |
| Risk-weighted assets | 2,932,293,000 | 3,089,737,000 | 3,172,696,000 | 3,164,378,000 |