Call reports 2020
HERITAGE BANK, NATIONAL ASSOCIATION — 2020
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 402,874,000 | 481,204,000 | 483,544,000 | 459,546,000 |
| Total loans | 312,851,000 | 383,465,000 | 377,993,000 | 352,120,000 |
| Allowance for loan losses | 3,873,000 | 3,875,000 | 3,975,000 | 4,102,000 |
| Securities available for sale | 61,350,000 | 61,886,000 | 60,881,000 | 57,477,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,409,000 | 360,148,000 | 366,634,000 | 374,831,000 |
| Interest-bearing deposits | 270,608,000 | 283,959,000 | 278,238,000 | 285,123,000 |
| Noninterest-bearing deposits | 54,801,000 | 76,189,000 | 88,396,000 | 89,708,000 |
| Equity capital | 42,331,000 | 43,030,000 | 46,607,000 | 45,703,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,157,000 | 10,886,000 | 17,505,000 | 23,995,000 |
| Interest expense | 1,155,000 | 1,829,000 | 2,417,000 | 2,951,000 |
| Net interest income | 4,002,000 | 9,057,000 | 15,088,000 | 21,044,000 |
| Noninterest income | 501,000 | 2,103,000 | 3,888,000 | 5,904,000 |
| Noninterest expense | 4,255,000 | 8,612,000 | 13,289,000 | 18,750,000 |
| Provision for loan losses | 325,000 | 425,000 | 550,000 | 850,000 |
| Pretax income | 105,000 | 2,305,000 | 5,319,000 | 7,528,000 |
| Income tax | 5,000 | 16,000 | 31,000 | 51,000 |
| Net income | 100,000 | 2,289,000 | 5,288,000 | 7,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,399,000 | 40,589,000 | 43,587,000 | 42,776,000 |
| Total capital | 45,293,000 | 44,489,000 | 47,569,000 | 46,507,000 |
| Risk-weighted assets | 319,198,000 | 334,199,000 | 334,400,000 | 297,984,000 |