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 | 512,808,000 | 548,583,000 | 552,969,000 | 561,324,000 |
| Total loans | 182,997,000 | 195,160,000 | 205,487,000 | 182,980,000 |
| Allowance for loan losses | 4,000,000 | 4,001,000 | 4,001,000 | 3,994,000 |
| Securities available for sale | 47,758,000 | 42,103,000 | 55,600,000 | 76,637,000 |
| Securities held to maturity | 206,744,000 | 263,800,000 | 259,437,000 | 255,343,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 384,756,000 | 408,744,000 | 402,449,000 | 424,100,000 |
| Interest-bearing deposits | 310,107,000 | 325,364,000 | 317,554,000 | 328,531,000 |
| Noninterest-bearing deposits | 74,649,000 | 83,380,000 | 84,895,000 | 95,569,000 |
| Equity capital | 84,567,000 | 83,706,000 | 85,557,000 | 85,165,000 |
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 | 4,052,000 | 8,093,000 | 11,246,000 | 14,215,000 |
| Interest expense | 410,000 | 648,000 | 846,000 | 1,053,000 |
| Net interest income | 3,642,000 | 7,445,000 | 10,400,000 | 13,162,000 |
| Noninterest income | 899,000 | 1,808,000 | 2,831,000 | 4,080,000 |
| Noninterest expense | 1,987,000 | 5,687,000 | 7,334,000 | 9,331,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,554,000 | 3,566,000 | 6,215,000 | 8,229,000 |
| Income tax | 585,000 | 1,235,000 | 1,820,000 | 2,270,000 |
| Net income | 1,969,000 | 2,331,000 | 4,395,000 | 5,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,441,000 | 83,554,000 | 85,619,000 | 85,183,000 |