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 | 620,334,000 | 600,675,000 | 597,576,000 | 604,832,000 |
| Total loans | 146,456,000 | 147,731,000 | 156,677,000 | 161,697,000 |
| Allowance for loan losses | 1,999,000 | 1,999,000 | 1,999,000 | 2,012,000 |
| Securities available for sale | 54,592,000 | 50,067,000 | 0 | 0 |
| Securities held to maturity | 209,845,000 | 281,085,000 | 326,294,000 | 318,875,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 482,811,000 | 463,447,000 | 466,204,000 | 463,962,000 |
| Interest-bearing deposits | 357,439,000 | 361,679,000 | 363,004,000 | 355,483,000 |
| Noninterest-bearing deposits | 125,372,000 | 101,768,000 | 103,200,000 | 108,479,000 |
| Equity capital | 88,792,000 | 89,570,000 | 89,766,000 | 93,380,000 |
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 | 2,296,000 | 5,244,000 | 9,802,000 | 15,598,000 |
| Interest expense | 92,000 | 208,000 | 454,000 | 973,000 |
| Net interest income | 2,204,000 | 5,036,000 | 9,348,000 | 14,625,000 |
| Noninterest income | 912,000 | 2,067,000 | 2,999,000 | 4,454,000 |
| Noninterest expense | 1,828,000 | 3,627,000 | 5,366,000 | 7,393,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,288,000 | 3,476,000 | 6,981,000 | 11,686,000 |
| Income tax | 308,000 | 806,000 | 1,502,000 | 2,596,000 |
| Net income | 980,000 | 2,670,000 | 5,479,000 | 9,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,997,000 | 92,687,000 | 92,671,000 | 96,282,000 |