Call reports 2010
HERITAGE BANK, NATIONAL ASSOCIATION — 2010
What HERITAGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 135,963,000 | 139,146,000 | 133,303,000 | 139,455,000 |
| Total loans | 104,281,000 | 106,154,000 | 104,043,000 | 106,676,000 |
| Allowance for loan losses | 1,829,000 | 2,105,000 | 2,113,000 | 2,043,000 |
| Securities available for sale | 22,276,000 | 24,257,000 | 21,945,000 | 22,908,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,027,000 | 112,198,000 | 110,776,000 | 112,984,000 |
| Interest-bearing deposits | 93,051,000 | 91,100,000 | 89,004,000 | 91,050,000 |
| Noninterest-bearing deposits | 17,976,000 | 21,098,000 | 21,772,000 | 21,934,000 |
| Equity capital | 13,129,000 | 13,528,000 | 13,155,000 | 13,332,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,817,000 | 3,637,000 | 5,455,000 | 7,286,000 |
| Interest expense | 444,000 | 874,000 | 1,242,000 | 1,602,000 |
| Net interest income | 1,373,000 | 2,763,000 | 4,213,000 | 5,684,000 |
| Noninterest income | 264,000 | 923,000 | 1,306,000 | 1,801,000 |
| Noninterest expense | 1,246,000 | 2,513,000 | 3,839,000 | 5,214,000 |
| Provision for loan losses | 50,000 | 707,000 | 1,707,000 | 1,817,000 |
| Pretax income | 341,000 | 471,000 | -22,000 | 459,000 |
| Income tax | 18,000 | 24,000 | 0 | 24,000 |
| Net income | 323,000 | 447,000 | -22,000 | 435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,007,000 | 13,131,000 | 12,662,000 | 13,119,000 |
| Total capital | 14,320,000 | 14,477,000 | 13,970,000 | 14,458,000 |
| Risk-weighted assets | 104,550,000 | 106,896,000 | 103,861,000 | 106,451,000 |