Call reports 2018
HERITAGE BANK — 2018
What HERITAGE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 4,672,407,000 | 4,785,834,000 | 5,272,173,000 | 5,314,350,000 |
| Total loans | 3,284,585,000 | 3,331,886,000 | 3,650,936,000 | 3,655,715,000 |
| Allowance for loan losses | 33,261,000 | 33,972,000 | 34,475,000 | 35,042,000 |
| Securities available for sale | 821,567,000 | 873,670,000 | 920,737,000 | 976,095,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,925,735,000 | 3,992,068,000 | 4,424,427,000 | 4,457,361,000 |
| Interest-bearing deposits | 2,737,594,000 | 2,824,651,000 | 3,100,507,000 | 3,084,736,000 |
| Noninterest-bearing deposits | 1,188,141,000 | 1,167,417,000 | 1,323,920,000 | 1,372,625,000 |
| Equity capital | 638,580,000 | 643,209,000 | 749,219,000 | 764,097,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 43,321,000 | 90,032,000 | 144,501,000 | 199,377,000 |
| Interest expense | 2,132,000 | 4,750,000 | 7,905,000 | 11,172,000 |
| Net interest income | 41,189,000 | 85,282,000 | 136,596,000 | 188,205,000 |
| Noninterest income | 7,601,000 | 15,255,000 | 23,538,000 | 32,157,000 |
| Noninterest expense | 34,337,000 | 68,909,000 | 106,677,000 | 143,152,000 |
| Provision for loan losses | 1,152,000 | 2,902,000 | 3,967,000 | 5,129,000 |
| Pretax income | 13,336,000 | 28,779,000 | 49,625,000 | 72,218,000 |
| Income tax | 2,103,000 | 4,544,000 | 8,009,000 | 12,959,000 |
| Net income | 11,233,000 | 24,235,000 | 41,616,000 | 59,259,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 446,596,000 | 454,393,000 | 504,538,000 | 513,993,000 |
| Total capital | 480,136,000 | 488,644,000 | 539,319,000 | 549,341,000 |
| Risk-weighted assets | 3,910,570,000 | 4,014,663,000 | 4,399,934,000 | 4,377,801,000 |