Call reports 2022
HERITAGE BANK, NATIONAL ASSOCIATION — 2022
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 434,087,000 | 436,981,000 | 437,220,000 | 457,589,000 |
| Total loans | 343,154,000 | 354,294,000 | 369,874,000 | 382,815,000 |
| Allowance for loan losses | 3,724,000 | 3,706,000 | 4,482,000 | 4,440,000 |
| Securities available for sale | 44,884,000 | 41,330,000 | 38,947,000 | 37,709,000 |
| Securities held to maturity | 2,424,000 | 2,927,000 | 3,033,000 | 3,033,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 368,668,000 | 350,396,000 | 351,114,000 | 375,170,000 |
| Interest-bearing deposits | 273,297,000 | 258,764,000 | 263,723,000 | 277,337,000 |
| Noninterest-bearing deposits | 95,371,000 | 91,632,000 | 87,391,000 | 97,833,000 |
| Equity capital | 44,079,000 | 43,127,000 | 42,814,000 | 44,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,200,000 | 10,578,000 | 16,594,000 | 23,104,000 |
| Interest expense | 206,000 | 470,000 | 1,025,000 | 2,123,000 |
| Net interest income | 4,994,000 | 10,108,000 | 15,569,000 | 20,981,000 |
| Noninterest income | 795,000 | 1,546,000 | 2,202,000 | 2,476,000 |
| Noninterest expense | 4,166,000 | 8,298,000 | 12,481,000 | 16,205,000 |
| Provision for loan losses | 0 | 150,000 | 1,050,000 | 1,500,000 |
| Pretax income | 1,623,000 | 3,206,000 | 4,240,000 | 5,752,000 |
| Income tax | 130,000 | 310,000 | 490,000 | 610,000 |
| Net income | 1,493,000 | 2,896,000 | 3,750,000 | 5,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,674,000 | 45,076,000 | 45,931,000 | 47,322,000 |
| Total capital | 48,403,000 | 48,787,000 | 50,405,000 | 51,767,000 |
| Risk-weighted assets | 325,941,000 | 333,851,000 | 357,751,000 | 392,829,000 |