Call reports 2014
HERITAGE BANK — 2014
What HERITAGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 102,336,000 | 107,061,000 | 87,197,000 | 85,324,000 |
| Total loans | 1,687,000 | 1,472,000 | 1,664,000 | 2,160,000 |
| Allowance for loan losses | 275,000 | 275,000 | 275,000 | 250,000 |
| Securities available for sale | 78,030,000 | 76,631,000 | 66,145,000 | 65,740,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,783,000 | 49,876,000 | 39,446,000 | 32,277,000 |
| Interest-bearing deposits | 39,323,000 | 49,456,000 | 38,985,000 | 32,003,000 |
| Noninterest-bearing deposits | 461,000 | 420,000 | 461,000 | 274,000 |
| Equity capital | 11,861,000 | 13,195,000 | 13,374,000 | 14,159,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 554,000 | 1,153,000 | 1,650,000 | 2,130,000 |
| Interest expense | 165,000 | 330,000 | 682,000 | 887,000 |
| Net interest income | 389,000 | 823,000 | 968,000 | 1,243,000 |
| Noninterest income | 37,000 | 69,000 | 103,000 | 127,000 |
| Noninterest expense | 270,000 | 528,000 | 808,000 | 1,072,000 |
| Provision for loan losses | -25,000 | -31,000 | -31,000 | -56,000 |
| Pretax income | 181,000 | 395,000 | 462,000 | 522,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 181,000 | 395,000 | 462,000 | 522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,510,000 | 12,725,000 | 12,791,000 | 12,852,000 |
| Total capital | 12,785,000 | 13,000,000 | 13,056,000 | 13,102,000 |
| Risk-weighted assets | 25,282,000 | 23,904,000 | 21,206,000 | 20,502,000 |