Call reports 2013
HERITAGE BANK, INC. — 2013
What HERITAGE BANK, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 475,515,000 | 473,463,000 | 473,533,000 | 494,650,000 |
| Total loans | 349,967,000 | 350,189,000 | 355,431,000 | 363,052,000 |
| Allowance for loan losses | 5,724,000 | 6,002,000 | 6,067,000 | 5,784,000 |
| Securities available for sale | 79,080,000 | 81,381,000 | 80,773,000 | 79,599,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 404,852,000 | 403,107,000 | 397,419,000 | 420,170,000 |
| Interest-bearing deposits | 353,820,000 | 350,289,000 | 344,898,000 | 366,755,000 |
| Noninterest-bearing deposits | 51,032,000 | 52,818,000 | 52,521,000 | 53,415,000 |
| Equity capital | 52,649,000 | 52,268,000 | 53,103,000 | 53,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,391,000 | 10,952,000 | 16,463,000 | 22,061,000 |
| Interest expense | 690,000 | 1,374,000 | 2,052,000 | 2,738,000 |
| Net interest income | 4,701,000 | 9,578,000 | 14,411,000 | 19,323,000 |
| Noninterest income | 584,000 | 1,245,000 | 1,895,000 | 2,771,000 |
| Noninterest expense | 3,138,000 | 6,372,000 | 9,527,000 | 12,435,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,747,000 |
| Pretax income | 1,851,000 | 3,855,000 | 5,883,000 | 7,917,000 |
| Income tax | 574,000 | 1,210,000 | 1,863,000 | 2,528,000 |
| Net income | 1,277,000 | 2,645,000 | 4,020,000 | 5,389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,919,000 | 53,036,000 | 54,186,000 | 54,798,000 |
| Total capital | 56,498,000 | 57,612,000 | 58,806,000 | 59,584,000 |
| Risk-weighted assets | 365,195,000 | 364,645,000 | 368,495,000 | 381,991,000 |