Call reports 2016
HERITAGE BANK, NATIONAL ASSOCIATION — 2016
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 392,863,000 | 376,880,000 | 383,768,000 | 388,940,000 |
| Total loans | 317,675,000 | 314,020,000 | 318,048,000 | 314,021,000 |
| Allowance for loan losses | 4,094,000 | 4,260,000 | 4,190,000 | 4,067,000 |
| Securities available for sale | 33,484,000 | 28,104,000 | 26,443,000 | 21,792,000 |
| Securities held to maturity | 6,267,000 | 6,263,000 | 6,259,000 | 6,255,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 333,551,000 | 317,019,000 | 311,966,000 | 322,849,000 |
| Interest-bearing deposits | 264,389,000 | 245,976,000 | 239,540,000 | 233,624,000 |
| Noninterest-bearing deposits | 69,162,000 | 71,043,000 | 72,426,000 | 89,225,000 |
| Equity capital | 40,193,000 | 40,607,000 | 41,494,000 | 41,284,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,338,000 | 8,784,000 | 12,909,000 | 17,049,000 |
| Interest expense | 343,000 | 682,000 | 1,015,000 | 1,362,000 |
| Net interest income | 3,995,000 | 8,102,000 | 11,894,000 | 15,687,000 |
| Noninterest income | 582,000 | 1,265,000 | 1,852,000 | 2,781,000 |
| Noninterest expense | 3,466,000 | 7,080,000 | 10,468,000 | 14,833,000 |
| Provision for loan losses | 225,000 | 225,000 | 325,000 | 325,000 |
| Pretax income | 886,000 | 2,064,000 | 2,955,000 | 3,206,000 |
| Income tax | 11,000 | 26,000 | 37,000 | 47,000 |
| Net income | 875,000 | 2,038,000 | 2,918,000 | 3,159,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,569,000 | 39,857,000 | 40,737,000 | 40,978,000 |
| Total capital | 43,707,000 | 43,930,000 | 44,769,000 | 44,930,000 |
| Risk-weighted assets | 331,016,000 | 325,581,000 | 322,345,000 | 316,023,000 |