Call reports 2016
HERITAGE BANK — 2016
What HERITAGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 53,402,000 | 51,257,000 | 53,599,000 | 53,128,000 |
| Total loans | 40,153,000 | 40,278,000 | 40,942,000 | 38,777,000 |
| Allowance for loan losses | 820,000 | 825,000 | 844,000 | 716,000 |
| Securities available for sale | 2,451,000 | 2,452,000 | 2,453,000 | 2,352,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,915,000 | 44,912,000 | 45,322,000 | 44,233,000 |
| Interest-bearing deposits | 41,979,000 | 40,065,000 | 40,583,000 | 40,202,000 |
| Noninterest-bearing deposits | 4,936,000 | 4,847,000 | 4,739,000 | 4,031,000 |
| Equity capital | 3,869,000 | 3,913,000 | 5,864,000 | 5,916,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 536,000 | 1,108,000 | 1,657,000 | 2,212,000 |
| Interest expense | 85,000 | 171,000 | 254,000 | 339,000 |
| Net interest income | 451,000 | 937,000 | 1,403,000 | 1,873,000 |
| Noninterest income | 22,000 | 21,000 | 36,000 | 19,000 |
| Noninterest expense | 427,000 | 870,000 | 1,308,000 | 1,806,000 |
| Provision for loan losses | 0 | 0 | 0 | -100,000 |
| Pretax income | 46,000 | 88,000 | 131,000 | 186,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 46,000 | 88,000 | 131,000 | 186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,872,000 | 3,914,000 | 5,864,000 | 5,919,000 |
| Total capital | 4,304,000 | 4,351,000 | 6,294,000 | 6,348,000 |
| Risk-weighted assets | 34,219,000 | 34,587,000 | 34,001,000 | 34,063,000 |