Call reports 2017
HERITAGE BANK, NATIONAL ASSOCIATION — 2017
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 376,319,000 | 384,139,000 | 396,439,000 | 412,119,000 |
| Total loans | 313,062,000 | 327,529,000 | 337,433,000 | 352,275,000 |
| Allowance for loan losses | 4,071,000 | 4,232,000 | 5,009,000 | 4,962,000 |
| Securities available for sale | 28,262,000 | 31,548,000 | 36,362,000 | 37,226,000 |
| Securities held to maturity | 5,919,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,266,000 | 303,080,000 | 332,512,000 | 346,710,000 |
| Interest-bearing deposits | 231,111,000 | 232,113,000 | 253,798,000 | 237,489,000 |
| Noninterest-bearing deposits | 80,155,000 | 70,967,000 | 78,714,000 | 109,221,000 |
| Equity capital | 40,957,000 | 39,304,000 | 39,537,000 | 39,250,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,969,000 | 8,348,000 | 12,931,000 | 17,653,000 |
| Interest expense | 333,000 | 670,000 | 1,101,000 | 1,520,000 |
| Net interest income | 3,636,000 | 7,678,000 | 11,830,000 | 16,133,000 |
| Noninterest income | 692,000 | 1,557,000 | 2,269,000 | 3,030,000 |
| Noninterest expense | 3,689,000 | 7,440,000 | 11,264,000 | 15,189,000 |
| Provision for loan losses | 60,000 | 60,000 | 835,000 | 1,335,000 |
| Pretax income | 579,000 | 1,735,000 | 2,051,000 | 2,690,000 |
| Income tax | 12,000 | 24,000 | 20,000 | 26,000 |
| Net income | 567,000 | 1,711,000 | 2,031,000 | 2,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,595,000 | 38,739,000 | 39,060,000 | 39,192,000 |
| Total capital | 44,556,000 | 42,873,000 | 43,388,000 | 43,621,000 |
| Risk-weighted assets | 316,735,000 | 330,583,000 | 345,519,000 | 353,788,000 |