Call reports 2022
HERITAGE BANK — 2022
What HERITAGE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 7,480,784,000 | 7,312,999,000 | 7,196,436,000 | 6,977,262,000 |
| Total loans | 3,822,320,000 | 3,875,375,000 | 4,001,295,000 | 4,050,858,000 |
| Allowance for loan losses | 40,333,000 | 39,696,000 | 42,089,000 | 42,986,000 |
| Securities available for sale | 1,039,924,000 | 1,187,588,000 | 1,356,142,000 | 1,331,443,000 |
| Securities held to maturity | 422,213,000 | 615,653,000 | 773,319,000 | 766,396,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,494,115,000 | 6,338,017,000 | 6,247,464,000 | 5,937,767,000 |
| Interest-bearing deposits | 4,097,528,000 | 4,005,051,000 | 3,929,153,000 | 3,825,375,000 |
| Noninterest-bearing deposits | 2,396,587,000 | 2,332,966,000 | 2,318,311,000 | 2,112,392,000 |
| Equity capital | 837,373,000 | 815,698,000 | 784,933,000 | 804,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 48,594,000 | 100,326,000 | 161,437,000 | 227,457,000 |
| Interest expense | 1,458,000 | 2,906,000 | 4,422,000 | 6,931,000 |
| Net interest income | 47,136,000 | 97,420,000 | 157,015,000 | 220,526,000 |
| Noninterest income | 8,918,000 | 16,335,000 | 24,136,000 | 31,325,000 |
| Noninterest expense | 34,531,000 | 69,218,000 | 107,153,000 | 146,370,000 |
| Provision for loan losses | -2,522,000 | -3,171,000 | -1,252,000 | -563,000 |
| Pretax income | 25,100,000 | 49,318,000 | 76,834,000 | 106,651,000 |
| Income tax | 3,965,000 | 8,302,000 | 13,365,000 | 19,144,000 |
| Net income | 21,135,000 | 41,016,000 | 63,469,000 | 87,507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 626,459,000 | 633,043,000 | 646,167,000 | 660,449,000 |
| Total capital | 663,580,000 | 668,972,000 | 684,526,000 | 700,433,000 |
| Risk-weighted assets | 4,558,451,000 | 4,729,583,000 | 4,962,305,000 | 5,104,720,000 |