Call reports 2011
HERITAGE BANK, NATIONAL ASSOCIATION — 2011
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 242,144,000 | 236,753,000 | 251,142,000 | 241,902,000 |
| Total loans | 175,150,000 | 182,089,000 | 193,127,000 | 177,722,000 |
| Allowance for loan losses | 2,522,000 | 2,900,000 | 3,171,000 | 3,552,000 |
| Securities available for sale | 30,210,000 | 25,837,000 | 23,010,000 | 23,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,481,000 | 180,716,000 | 182,137,000 | 193,818,000 |
| Interest-bearing deposits | 166,483,000 | 157,764,000 | 157,290,000 | 161,002,000 |
| Noninterest-bearing deposits | 26,999,000 | 22,953,000 | 24,847,000 | 32,816,000 |
| Equity capital | 40,635,000 | 41,267,000 | 41,901,000 | 40,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,911,000 | 5,940,000 | 9,063,000 | 12,192,000 |
| Interest expense | 552,000 | 1,043,000 | 1,498,000 | 1,915,000 |
| Net interest income | 2,359,000 | 4,897,000 | 7,565,000 | 10,277,000 |
| Noninterest income | 311,000 | 674,000 | 981,000 | 1,324,000 |
| Noninterest expense | 1,652,000 | 3,359,000 | 5,084,000 | 6,808,000 |
| Provision for loan losses | 387,000 | 798,000 | 1,174,000 | 1,613,000 |
| Pretax income | 631,000 | 1,418,000 | 2,295,000 | 3,187,000 |
| Income tax | 224,000 | 508,000 | 828,000 | 1,155,000 |
| Net income | 407,000 | 910,000 | 1,467,000 | 2,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,332,000 | 28,874,000 | 29,470,000 | 28,574,000 |
| Total capital | 30,587,000 | 31,106,000 | 31,758,000 | 30,764,000 |
| Risk-weighted assets | 180,014,000 | 177,223,000 | 186,247,000 | 173,732,000 |