Call reports 2013
HERITAGE BANK — 2013
What HERITAGE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 93,967,000 | 98,667,000 | 96,002,000 | 106,482,000 |
| Total loans | 69,104,000 | 75,303,000 | 82,899,000 | 85,013,000 |
| Allowance for loan losses | 837,000 | 904,000 | 994,000 | 1,044,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 300,000 | 300,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,966,000 | 80,523,000 | 77,629,000 | 87,571,000 |
| Interest-bearing deposits | 57,458,000 | 59,482,000 | 58,136,000 | 67,228,000 |
| Noninterest-bearing deposits | 18,508,000 | 21,041,000 | 19,493,000 | 20,343,000 |
| Equity capital | 17,844,000 | 17,983,000 | 18,168,000 | 18,687,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,090,000 | 2,254,000 | 3,449,000 | 4,790,000 |
| Interest expense | 124,000 | 251,000 | 381,000 | 518,000 |
| Net interest income | 966,000 | 2,003,000 | 3,068,000 | 4,272,000 |
| Noninterest income | 83,000 | 129,000 | 194,000 | 266,000 |
| Noninterest expense | 777,000 | 1,559,000 | 2,318,000 | 3,212,000 |
| Provision for loan losses | 65,000 | 155,000 | 245,000 | 295,000 |
| Pretax income | 207,000 | 418,000 | 699,000 | 1,031,000 |
| Income tax | 70,000 | 142,000 | 238,000 | 351,000 |
| Net income | 137,000 | 276,000 | 461,000 | 680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,938,000 | 15,233,000 | 15,580,000 | 16,171,000 |
| Total capital | 15,775,000 | 16,137,000 | 16,574,000 | 17,215,000 |
| Risk-weighted assets | 70,995,000 | 75,151,000 | 81,122,000 | 87,019,000 |