Call reports 2021
HERITAGE BANK, NATIONAL ASSOCIATION — 2021
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 479,787,000 | 448,416,000 | 451,301,000 | 467,757,000 |
| Total loans | 352,418,000 | 344,146,000 | 308,262,000 | 345,256,000 |
| Allowance for loan losses | 3,871,000 | 3,814,000 | 3,648,000 | 3,921,000 |
| Securities available for sale | 55,264,000 | 53,368,000 | 50,391,000 | 48,226,000 |
| Securities held to maturity | 0 | 0 | 1,261,000 | 1,927,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,615,000 | 369,095,000 | 376,773,000 | 398,418,000 |
| Interest-bearing deposits | 302,212,000 | 277,565,000 | 280,822,000 | 290,298,000 |
| Noninterest-bearing deposits | 94,403,000 | 91,530,000 | 95,951,000 | 108,120,000 |
| Equity capital | 46,545,000 | 47,416,000 | 47,463,000 | 45,464,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,629,000 | 11,856,000 | 17,556,000 | 22,790,000 |
| Interest expense | 393,000 | 748,000 | 1,052,000 | 1,329,000 |
| Net interest income | 5,236,000 | 11,108,000 | 16,504,000 | 21,461,000 |
| Noninterest income | 2,016,000 | 3,324,000 | 4,554,000 | 5,833,000 |
| Noninterest expense | 4,733,000 | 9,161,000 | 13,468,000 | 17,670,000 |
| Provision for loan losses | 0 | 0 | 0 | 500,000 |
| Pretax income | 2,519,000 | 5,271,000 | 7,590,000 | 9,124,000 |
| Income tax | 40,000 | 100,000 | 160,000 | 220,000 |
| Net income | 2,479,000 | 5,171,000 | 7,430,000 | 8,904,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,255,000 | 44,947,000 | 45,205,000 | 43,680,000 |
| Total capital | 47,869,000 | 48,568,000 | 48,772,000 | 47,607,000 |
| Risk-weighted assets | 288,889,000 | 289,452,000 | 285,328,000 | 322,864,000 |