Call reports 2021
HERITAGE BANK — 2021
What HERITAGE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 7,022,912,000 | 7,099,684,000 | 7,255,546,000 | 7,429,804,000 |
| Total loans | 4,602,670,000 | 4,210,269,000 | 3,956,520,000 | 3,817,138,000 |
| Allowance for loan losses | 64,225,000 | 51,562,000 | 48,317,000 | 42,361,000 |
| Securities available for sale | 893,558,000 | 1,049,524,000 | 761,526,000 | 894,335,000 |
| Securities held to maturity | 0 | 0 | 311,074,000 | 383,393,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,042,158,000 | 6,083,484,000 | 6,238,938,000 | 6,397,803,000 |
| Interest-bearing deposits | 3,814,137,000 | 3,805,365,000 | 3,916,310,000 | 4,050,381,000 |
| Noninterest-bearing deposits | 2,228,021,000 | 2,278,119,000 | 2,322,628,000 | 2,347,422,000 |
| Equity capital | 835,437,000 | 864,002,000 | 856,555,000 | 869,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 54,192,000 | 110,201,000 | 163,243,000 | 212,831,000 |
| Interest expense | 1,771,000 | 3,333,000 | 4,819,000 | 6,317,000 |
| Net interest income | 52,421,000 | 106,868,000 | 158,424,000 | 206,514,000 |
| Noninterest income | 8,506,000 | 17,122,000 | 25,649,000 | 35,788,000 |
| Noninterest expense | 36,145,000 | 71,428,000 | 107,426,000 | 144,777,000 |
| Provision for loan losses | -6,135,000 | -18,956,000 | -21,808,000 | -27,298,000 |
| Pretax income | 32,010,000 | 73,777,000 | 101,011,000 | 126,926,000 |
| Income tax | 5,442,000 | 13,244,000 | 18,598,000 | 23,868,000 |
| Net income | 26,568,000 | 60,533,000 | 82,413,000 | 103,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 581,240,000 | 604,545,000 | 598,297,000 | 615,819,000 |
| Total capital | 636,951,000 | 649,940,000 | 641,058,000 | 654,458,000 |
| Risk-weighted assets | 4,485,822,000 | 4,395,176,000 | 4,425,116,000 | 4,453,501,000 |