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 | 587,146,000 | 582,893,000 | 564,216,000 | 531,637,000 |
| Total loans | 174,907,000 | 171,966,000 | 173,147,000 | 170,591,000 |
| Allowance for loan losses | 4,141,000 | 4,159,000 | 4,159,000 | 2,000,000 |
| Securities available for sale | 73,890,000 | 71,550,000 | 69,708,000 | 59,263,000 |
| Securities held to maturity | 252,150,000 | 229,534,000 | 227,540,000 | 222,542,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 455,626,000 | 439,298,000 | 425,722,000 | 442,992,000 |
| Interest-bearing deposits | 351,610,000 | 341,288,000 | 333,270,000 | 338,178,000 |
| Noninterest-bearing deposits | 104,016,000 | 98,010,000 | 92,452,000 | 104,814,000 |
| Equity capital | 84,594,000 | 86,200,000 | 87,190,000 | 49,391,000 |
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 | 3,526,000 | 6,559,000 | 9,143,000 | 11,632,000 |
| Interest expense | 136,000 | 255,000 | 360,000 | 452,000 |
| Net interest income | 3,390,000 | 6,304,000 | 8,783,000 | 11,180,000 |
| Noninterest income | 940,000 | 1,971,000 | 3,124,000 | 4,412,000 |
| Noninterest expense | 1,719,000 | 2,449,000 | 4,741,000 | 7,048,000 |
| Provision for loan losses | 0 | 0 | 0 | -2,159,000 |
| Pretax income | 2,608,000 | 5,823,000 | 7,163,000 | 10,700,000 |
| Income tax | 581,000 | 1,290,000 | 1,605,000 | 2,366,000 |
| Net income | 2,027,000 | 4,533,000 | 5,558,000 | 8,334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,710,000 | 86,216,000 | 87,241,000 | 50,017,000 |