Call reports 2020
HERITAGE BANK — 2020
What HERITAGE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 65,930,000 | 75,348,000 | 76,958,000 | 75,118,000 |
| Total loans | 53,016,000 | 59,032,000 | 53,124,000 | 50,987,000 |
| Allowance for loan losses | 538,000 | 594,000 | 630,000 | 558,000 |
| Securities available for sale | 3,436,000 | 3,641,000 | 3,631,000 | 4,327,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,552,000 | 61,054,000 | 67,420,000 | 67,485,000 |
| Interest-bearing deposits | 48,176,000 | 50,983,000 | 55,819,000 | 55,855,000 |
| Noninterest-bearing deposits | 7,376,000 | 10,071,000 | 11,601,000 | 11,630,000 |
| Equity capital | 6,355,000 | 6,404,000 | 6,443,000 | 6,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 784,000 | 1,567,000 | 2,352,000 | 3,151,000 |
| Interest expense | 187,000 | 364,000 | 540,000 | 705,000 |
| Net interest income | 597,000 | 1,203,000 | 1,812,000 | 2,446,000 |
| Noninterest income | 14,000 | 77,000 | 88,000 | 112,000 |
| Noninterest expense | 533,000 | 1,055,000 | 1,564,000 | 2,044,000 |
| Provision for loan losses | 15,000 | 71,000 | 108,000 | 195,000 |
| Pretax income | 63,000 | 154,000 | 228,000 | 319,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 63,000 | 154,000 | 228,000 | 319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,325,000 | 6,388,000 | 6,435,000 | 6,495,000 |
| Total capital | 6,863,000 | 6,982,000 | 7,052,000 | 7,053,000 |
| Risk-weighted assets | 49,188,000 | 52,347,000 | 49,412,000 | 48,612,000 |