Call reports 2024
HERITAGE BANK, NATIONAL ASSOCIATION — 2024
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 584,154,000 | 535,317,000 | 503,930,000 | 484,445,000 |
| Total loans | 450,614,000 | 442,521,000 | 418,734,000 | 407,093,000 |
| Allowance for loan losses | 7,239,000 | 7,304,000 | 6,923,000 | 7,229,000 |
| Securities available for sale | 31,296,000 | 30,025,000 | 29,304,000 | 27,687,000 |
| Securities held to maturity | 2,925,000 | 2,925,000 | 2,924,000 | 2,924,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 469,655,000 | 427,901,000 | 410,546,000 | 410,036,000 |
| Interest-bearing deposits | 394,488,000 | 356,627,000 | 346,074,000 | 345,205,000 |
| Noninterest-bearing deposits | 75,167,000 | 71,274,000 | 64,472,000 | 64,831,000 |
| Equity capital | 39,015,000 | 39,261,000 | 40,531,000 | 38,751,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,690,000 | 16,901,000 | 24,443,000 | 31,480,000 |
| Interest expense | 4,185,000 | 8,185,000 | 11,745,000 | 15,112,000 |
| Net interest income | 4,505,000 | 8,716,000 | 12,698,000 | 16,368,000 |
| Noninterest income | 306,000 | 1,273,000 | 1,900,000 | 2,444,000 |
| Noninterest expense | 3,898,000 | 8,007,000 | 12,060,000 | 16,511,000 |
| Provision for loan losses | 17,000 | 930,000 | 930,000 | 1,790,000 |
| Pretax income | 896,000 | 1,052,000 | 1,608,000 | 511,000 |
| Income tax | 12,000 | 24,000 | 36,000 | 48,000 |
| Net income | 884,000 | 1,028,000 | 1,572,000 | 463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,118,000 | 41,261,000 | 41,805,000 | 41,096,000 |
| Total capital | 45,778,000 | 46,047,000 | 46,313,000 | 45,463,000 |
| Risk-weighted assets | 370,220,000 | 380,392,000 | 358,257,000 | 346,549,000 |