Call reports 2023
HERITAGE BANK — 2023
What HERITAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 95,425,000 | 101,302,000 | 106,787,000 | 113,887,000 |
| Total loans | 75,889,000 | 83,293,000 | 90,455,000 | 91,287,000 |
| Allowance for loan losses | 913,000 | 936,000 | 981,000 | 1,076,000 |
| Securities available for sale | 8,536,000 | 8,283,000 | 8,313,000 | 7,156,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,244,000 | 84,091,000 | 86,993,000 | 88,081,000 |
| Interest-bearing deposits | 59,625,000 | 65,708,000 | 65,657,000 | 73,820,000 |
| Noninterest-bearing deposits | 20,619,000 | 18,383,000 | 21,336,000 | 14,261,000 |
| Equity capital | 10,415,000 | 10,879,000 | 11,349,000 | 11,771,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,199,000 | 2,573,000 | 4,080,000 | 5,701,000 |
| Interest expense | 207,000 | 502,000 | 921,000 | 1,475,000 |
| Net interest income | 992,000 | 2,071,000 | 3,159,000 | 4,226,000 |
| Noninterest income | 27,000 | 55,000 | 95,000 | 127,000 |
| Noninterest expense | 579,000 | 1,202,000 | 1,849,000 | 2,503,000 |
| Provision for loan losses | 15,000 | 38,000 | 83,000 | 178,000 |
| Pretax income | 425,000 | 886,000 | 1,322,000 | 1,672,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 425,000 | 886,000 | 1,322,000 | 1,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,652,000 | 11,090,000 | 11,503,000 | 11,829,000 |
| Total capital | 11,565,000 | 12,026,000 | 12,484,000 | 12,905,000 |
| Risk-weighted assets | 81,765,000 | 88,646,000 | 93,641,000 | 95,519,000 |