Call reports 2014
HERITAGE BANK, NATIONAL ASSOCIATION — 2014
What HERITAGE BANK, NATIONAL ASSOCIATION 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 | 409,929,000 | 382,624,000 | 385,810,000 | 414,273,000 |
| Total loans | 293,022,000 | 297,892,000 | 308,149,000 | 323,492,000 |
| Allowance for loan losses | 4,978,000 | 4,378,000 | 4,504,000 | 4,441,000 |
| Securities available for sale | 61,023,000 | 57,176,000 | 54,403,000 | 53,859,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,079,000 | 322,892,000 | 312,217,000 | 338,434,000 |
| Interest-bearing deposits | 280,222,000 | 256,471,000 | 242,364,000 | 254,203,000 |
| Noninterest-bearing deposits | 69,857,000 | 66,421,000 | 69,853,000 | 84,231,000 |
| Equity capital | 42,195,000 | 42,170,000 | 42,685,000 | 42,867,000 |
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 | 3,980,000 | 7,981,000 | 12,087,000 | 16,261,000 |
| Interest expense | 397,000 | 777,000 | 1,134,000 | 1,492,000 |
| Net interest income | 3,583,000 | 7,204,000 | 10,953,000 | 14,769,000 |
| Noninterest income | 582,000 | 1,275,000 | 2,100,000 | 2,937,000 |
| Noninterest expense | 3,436,000 | 7,013,000 | 10,406,000 | 14,077,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 922,000 | 1,659,000 | 2,840,000 | 3,822,000 |
| Income tax | 32,000 | 57,000 | 78,000 | 99,000 |
| Net income | 890,000 | 1,602,000 | 2,762,000 | 3,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,273,000 | 42,118,000 | 42,541,000 | 42,414,000 |
| Total capital | 46,237,000 | 46,071,000 | 46,711,000 | 46,736,000 |
| Risk-weighted assets | 315,774,000 | 315,561,000 | 333,201,000 | 345,507,000 |