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 | 581,983,000 | 566,478,000 | 517,155,000 | 526,482,000 |
| Total loans | 213,702,000 | 219,002,000 | 228,461,000 | 220,837,000 |
| Allowance for loan losses | 4,278,000 | 4,162,000 | 4,067,000 | 4,074,000 |
| Securities available for sale | 76,486,000 | 72,459,000 | 67,117,000 | 63,275,000 |
| Securities held to maturity | 205,829,000 | 197,204,000 | 183,273,000 | 172,509,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 419,348,000 | 397,877,000 | 402,261,000 | 395,564,000 |
| Interest-bearing deposits | 326,650,000 | 307,631,000 | 307,627,000 | 303,700,000 |
| Noninterest-bearing deposits | 92,698,000 | 90,246,000 | 94,634,000 | 91,864,000 |
| Equity capital | 103,182,000 | 104,553,000 | 60,291,000 | 73,531,000 |
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 | 4,316,000 | 8,897,000 | 13,655,000 | 18,419,000 |
| Interest expense | 396,000 | 817,000 | 1,266,000 | 1,797,000 |
| Net interest income | 3,920,000 | 8,080,000 | 12,389,000 | 16,622,000 |
| Noninterest income | 1,081,000 | 2,065,000 | 3,062,000 | 4,310,000 |
| Noninterest expense | 2,133,000 | 4,323,000 | 6,713,000 | 8,857,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,868,000 | 5,822,000 | 8,738,000 | 12,075,000 |
| Income tax | 52,000 | 102,000 | 153,000 | 886,000 |
| Net income | 2,816,000 | 5,720,000 | 8,585,000 | 11,189,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,210,000 | 101,836,000 | 58,087,000 | 71,344,000 |
| Total capital | 104,375,000 | 105,998,000 | 62,154,000 | 75,367,000 |
| Risk-weighted assets | 333,087,000 | 333,746,000 | 340,117,000 | 321,806,000 |