Call reports 2017
HERITAGE BANK — 2017
What HERITAGE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 3,882,035,000 | 3,986,618,000 | 4,045,273,000 | 4,110,482,000 |
| Total loans | 2,673,594,000 | 2,755,294,000 | 2,802,881,000 | 2,851,359,000 |
| Allowance for loan losses | 31,594,000 | 32,751,000 | 31,400,000 | 32,086,000 |
| Securities available for sale | 782,909,000 | 790,466,000 | 799,910,000 | 810,384,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,265,685,000 | 3,312,819,000 | 3,342,395,000 | 3,413,679,000 |
| Interest-bearing deposits | 2,373,352,000 | 2,382,819,000 | 2,416,032,000 | 2,460,174,000 |
| Noninterest-bearing deposits | 892,333,000 | 930,000,000 | 926,363,000 | 953,505,000 |
| Equity capital | 495,864,000 | 506,064,000 | 512,917,000 | 512,655,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 34,858,000 | 70,939,000 | 108,256,000 | 147,855,000 |
| Interest expense | 1,484,000 | 3,146,000 | 5,222,000 | 7,351,000 |
| Net interest income | 33,374,000 | 67,793,000 | 103,034,000 | 140,504,000 |
| Noninterest income | 7,657,000 | 18,514,000 | 27,287,000 | 36,785,000 |
| Noninterest expense | 26,492,000 | 53,583,000 | 80,768,000 | 107,464,000 |
| Provision for loan losses | 867,000 | 1,998,000 | 2,882,000 | 4,220,000 |
| Pretax income | 13,672,000 | 30,843,000 | 46,832,000 | 65,611,000 |
| Income tax | 3,675,000 | 8,326,000 | 12,709,000 | 20,856,000 |
| Net income | 9,997,000 | 22,517,000 | 34,123,000 | 44,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 374,212,000 | 381,991,000 | 388,852,000 | 391,092,000 |
| Total capital | 405,976,000 | 414,912,000 | 420,422,000 | 423,348,000 |
| Risk-weighted assets | 3,169,741,000 | 3,272,028,000 | 3,354,143,000 | 3,431,120,000 |