Call reports 2014
HERITAGE BANK, NATIONAL ASSOCIATION — 2014
What HERITAGE BANK, NATIONAL ASSOCIATION 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 | 279,239,000 | 285,866,000 | 308,170,000 | 302,055,000 |
| Total loans | 216,881,000 | 227,134,000 | 236,523,000 | 229,450,000 |
| Allowance for loan losses | 4,034,000 | 100,000 | 401,000 | 700,000 |
| Securities available for sale | 22,695,000 | 24,266,000 | 22,641,000 | 30,264,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 231,387,000 | 223,187,000 | 236,229,000 | 244,021,000 |
| Interest-bearing deposits | 197,987,000 | 191,429,000 | 207,276,000 | 205,233,000 |
| Noninterest-bearing deposits | 33,400,000 | 31,758,000 | 28,953,000 | 38,788,000 |
| Equity capital | 38,516,000 | 30,461,000 | 33,973,000 | 34,532,000 |
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 | 2,582,000 | 544,000 | 4,652,000 | 8,061,000 |
| Interest expense | 256,000 | 46,000 | 331,000 | 626,000 |
| Net interest income | 2,326,000 | 498,000 | 4,321,000 | 7,435,000 |
| Noninterest income | 314,000 | 71,000 | 599,000 | 1,088,000 |
| Noninterest expense | 2,186,000 | 240,000 | 2,617,000 | 5,089,000 |
| Provision for loan losses | 300,000 | 100,000 | 400,000 | 700,000 |
| Pretax income | 153,000 | 229,000 | 1,903,000 | 2,733,000 |
| Income tax | 51,000 | 9,000 | 690,000 | 977,000 |
| Net income | 102,000 | 220,000 | 1,213,000 | 1,756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,897,000 | 23,951,000 | 28,433,000 | 29,086,000 |
| Total capital | 29,425,000 | 24,051,000 | 28,834,000 | 29,786,000 |
| Risk-weighted assets | 200,695,000 | 210,399,000 | 225,632,000 | 217,898,000 |