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 | 50,260,000 | 50,317,000 | 49,376,000 | 48,760,000 |
| Total loans | 37,027,000 | 39,158,000 | 38,359,000 | 37,608,000 |
| Allowance for loan losses | 916,000 | 900,000 | 834,000 | 741,000 |
| Securities available for sale | 1,401,000 | 1,602,000 | 1,601,000 | 1,700,000 |
| Securities held to maturity | 0 | 0 | 501,000 | 501,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,134,000 | 44,140,000 | 43,255,000 | 42,853,000 |
| Interest-bearing deposits | 40,133,000 | 40,226,000 | 38,558,000 | 34,320,000 |
| Noninterest-bearing deposits | 4,001,000 | 3,914,000 | 4,697,000 | 8,533,000 |
| Equity capital | 2,819,000 | 3,006,000 | 3,009,000 | 2,878,000 |
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 | 519,000 | 1,051,000 | 1,580,000 | 2,104,000 |
| Interest expense | 87,000 | 173,000 | 255,000 | 336,000 |
| Net interest income | 432,000 | 878,000 | 1,325,000 | 1,768,000 |
| Noninterest income | 15,000 | 19,000 | 20,000 | -18,000 |
| Noninterest expense | 418,000 | 921,000 | 1,366,000 | 1,851,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 75,000 |
| Pretax income | 4,000 | -49,000 | -46,000 | -176,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,000 | -49,000 | -46,000 | -176,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,819,000 | 3,006,000 | 3,009,000 | 2,878,000 |
| Total capital | 3,217,000 | 3,426,000 | 3,418,000 | 3,272,000 |
| Risk-weighted assets | 31,305,000 | 33,142,000 | 32,308,000 | 31,148,000 |