Call reports 2020
HERITAGE BANK — 2020
What HERITAGE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 5,584,024,000 | 6,563,008,000 | 6,681,934,000 | 6,610,848,000 |
| Total loans | 3,856,184,000 | 4,670,116,000 | 4,674,980,000 | 4,473,579,000 |
| Allowance for loan losses | 47,540,000 | 71,501,000 | 73,340,000 | 70,185,000 |
| Securities available for sale | 961,092,000 | 879,927,000 | 834,492,000 | 802,163,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,627,799,000 | 5,587,287,000 | 5,712,481,000 | 5,621,860,000 |
| Interest-bearing deposits | 3,202,772,000 | 3,567,978,000 | 3,699,801,000 | 3,617,460,000 |
| Noninterest-bearing deposits | 1,425,027,000 | 2,019,309,000 | 2,012,680,000 | 2,004,400,000 |
| Equity capital | 815,676,000 | 802,557,000 | 811,667,000 | 828,425,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 53,086,000 | 107,080,000 | 159,643,000 | 214,320,000 |
| Interest expense | 4,256,000 | 7,720,000 | 10,413,000 | 12,449,000 |
| Net interest income | 48,830,000 | 99,360,000 | 149,230,000 | 201,871,000 |
| Noninterest income | 8,783,000 | 17,047,000 | 25,507,000 | 37,007,000 |
| Noninterest expense | 35,987,000 | 72,145,000 | 107,122,000 | 144,575,000 |
| Provision for loan losses | 9,964,000 | 35,905,000 | 38,225,000 | 35,433,000 |
| Pretax income | 14,694,000 | 9,176,000 | 29,839,000 | 59,715,000 |
| Income tax | 1,045,000 | 324,000 | 3,104,000 | 8,031,000 |
| Net income | 13,649,000 | 8,852,000 | 26,735,000 | 51,684,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 549,933,000 | 536,674,000 | 547,979,000 | 563,630,000 |
| Total capital | 591,727,000 | 594,634,000 | 605,609,000 | 620,124,000 |
| Risk-weighted assets | 4,757,907,000 | 4,631,320,000 | 4,602,981,000 | 4,513,591,000 |