Call reports 2023
HERITAGE BANK — 2023
What HERITAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 622,939,000 | 601,666,000 | 567,551,000 | 572,358,000 |
| Total loans | 143,206,000 | 147,555,000 | 162,952,000 | 181,712,000 |
| Allowance for loan losses | 2,012,000 | 2,012,000 | 2,012,000 | 2,009,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 364,809,000 | 320,004,000 | 327,670,000 | 349,789,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 474,737,000 | 443,158,000 | 413,331,000 | 421,954,000 |
| Interest-bearing deposits | 375,872,000 | 347,277,000 | 328,087,000 | 332,887,000 |
| Noninterest-bearing deposits | 98,865,000 | 95,881,000 | 85,244,000 | 89,067,000 |
| Equity capital | 95,608,000 | 98,917,000 | 102,334,000 | 105,646,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,271,000 | 12,709,000 | 19,381,000 | 26,118,000 |
| Interest expense | 860,000 | 2,035,000 | 3,359,000 | 4,912,000 |
| Net interest income | 5,411,000 | 10,674,000 | 16,022,000 | 21,206,000 |
| Noninterest income | 1,138,000 | 2,071,000 | 2,825,000 | 4,067,000 |
| Noninterest expense | 1,781,000 | 3,458,000 | 5,331,000 | 7,579,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,768,000 | 9,287,000 | 13,516,000 | 17,694,000 |
| Income tax | 1,040,000 | 2,029,000 | 2,954,000 | 3,917,000 |
| Net income | 3,728,000 | 7,258,000 | 10,562,000 | 13,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,510,000 | 102,039,000 | 105,344,000 | 108,559,000 |