Call reports 2014
HERITAGE BANK — 2014
What HERITAGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 108,209,000 | 189,393,000 | 181,365,000 | 190,471,000 |
| Total loans | 80,021,000 | 105,804,000 | 123,868,000 | 144,056,000 |
| Allowance for loan losses | 1,044,000 | 1,059,000 | 1,184,000 | 1,449,000 |
| Securities available for sale | 0 | 18,944,000 | 17,989,000 | 17,609,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,173,000 | 167,616,000 | 159,464,000 | 158,252,000 |
| Interest-bearing deposits | 70,499,000 | 105,371,000 | 101,538,000 | 100,059,000 |
| Noninterest-bearing deposits | 18,674,000 | 62,245,000 | 57,926,000 | 58,193,000 |
| Equity capital | 18,863,000 | 21,450,000 | 21,625,000 | 21,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,201,000 | 2,473,000 | 4,368,000 | 6,469,000 |
| Interest expense | 139,000 | 258,000 | 364,000 | 460,000 |
| Net interest income | 1,062,000 | 2,215,000 | 4,004,000 | 6,009,000 |
| Noninterest income | 49,000 | 116,000 | 281,000 | 548,000 |
| Noninterest expense | 844,000 | 1,948,000 | 3,518,000 | 5,144,000 |
| Provision for loan losses | 0 | 15,000 | 140,000 | 405,000 |
| Pretax income | 267,000 | 368,000 | 627,000 | 1,008,000 |
| Income tax | 91,000 | 122,000 | 211,000 | 326,000 |
| Net income | 176,000 | 246,000 | 416,000 | 682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,348,000 | 17,312,000 | 17,523,000 | 17,830,000 |
| Total capital | 17,368,000 | 18,371,000 | 18,707,000 | 19,279,000 |
| Risk-weighted assets | 81,577,000 | 114,046,000 | 126,721,000 | 148,743,000 |