Call reports 2021
HERITAGE BANK — 2021
What HERITAGE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 83,112,000 | 83,962,000 | 87,160,000 | 86,562,000 |
| Total loans | 58,736,000 | 56,590,000 | 59,095,000 | 60,352,000 |
| Allowance for loan losses | 617,000 | 734,000 | 810,000 | 825,000 |
| Securities available for sale | 4,243,000 | 4,858,000 | 4,590,000 | 6,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,209,000 | 76,183,000 | 76,654,000 | 75,695,000 |
| Interest-bearing deposits | 60,887,000 | 62,228,000 | 61,876,000 | 62,995,000 |
| Noninterest-bearing deposits | 13,322,000 | 13,955,000 | 14,778,000 | 12,700,000 |
| Equity capital | 6,544,000 | 6,616,000 | 8,857,000 | 9,002,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 786,000 | 1,644,000 | 2,554,000 | 3,435,000 |
| Interest expense | 143,000 | 276,000 | 397,000 | 484,000 |
| Net interest income | 643,000 | 1,368,000 | 2,157,000 | 2,951,000 |
| Noninterest income | 16,000 | 34,000 | 53,000 | 90,000 |
| Noninterest expense | 524,000 | 1,050,000 | 1,614,000 | 2,222,000 |
| Provision for loan losses | 58,000 | 167,000 | 242,000 | 257,000 |
| Pretax income | 77,000 | 185,000 | 354,000 | 562,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 77,000 | 185,000 | 354,000 | 562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,544,000 | 6,628,000 | 8,872,000 | 9,056,000 |
| Total capital | 7,161,000 | 7,275,000 | 9,603,000 | 9,815,000 |
| Risk-weighted assets | 53,761,000 | 51,733,000 | 58,465,000 | 60,692,000 |