Call reports 2016
HERITAGE BANK — 2016
What HERITAGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 593,903,000 | 593,373,000 | 577,658,000 | 608,445,000 |
| Total loans | 220,121,000 | 225,168,000 | 237,609,000 | 233,270,000 |
| Allowance for loan losses | 4,217,000 | 4,224,000 | 4,232,000 | 4,240,000 |
| Securities available for sale | 93,477,000 | 88,341,000 | 80,396,000 | 66,577,000 |
| Securities held to maturity | 212,185,000 | 209,268,000 | 230,256,000 | 231,922,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 438,447,000 | 423,733,000 | 412,488,000 | 428,003,000 |
| Interest-bearing deposits | 412,734,000 | 400,712,000 | 390,670,000 | 397,956,000 |
| Noninterest-bearing deposits | 25,713,000 | 23,021,000 | 21,818,000 | 30,047,000 |
| Equity capital | 93,205,000 | 94,531,000 | 95,812,000 | 96,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,872,000 | 7,873,000 | 11,770,000 | 15,693,000 |
| Interest expense | 192,000 | 389,000 | 609,000 | 856,000 |
| Net interest income | 3,680,000 | 7,484,000 | 11,161,000 | 14,837,000 |
| Noninterest income | 944,000 | 1,893,000 | 2,874,000 | 4,032,000 |
| Noninterest expense | 2,149,000 | 4,286,000 | 6,361,000 | 8,554,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,475,000 | 5,091,000 | 7,674,000 | 10,315,000 |
| Income tax | 57,000 | 114,000 | 171,000 | 228,000 |
| Net income | 2,418,000 | 4,977,000 | 7,503,000 | 10,087,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,551,000 | 89,840,000 | 91,346,000 | 92,985,000 |
| Total capital | 92,768,000 | 94,064,000 | 95,578,000 | 97,225,000 |
| Risk-weighted assets | 363,032,000 | 356,559,000 | 373,320,000 | 350,188,000 |