Call reports 2014
HERITAGE BANK, INC. — 2014
What HERITAGE BANK, INC. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 496,265,000 | 515,901,000 | 510,310,000 | 524,268,000 |
| Total loans | 375,655,000 | 372,351,000 | 376,258,000 | 382,219,000 |
| Allowance for loan losses | 6,049,000 | 4,758,000 | 4,869,000 | 4,857,000 |
| Securities available for sale | 80,940,000 | 86,780,000 | 87,432,000 | 87,913,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 408,819,000 | 435,262,000 | 428,204,000 | 443,586,000 |
| Interest-bearing deposits | 355,946,000 | 377,507,000 | 369,257,000 | 385,268,000 |
| Noninterest-bearing deposits | 52,873,000 | 57,755,000 | 58,947,000 | 58,318,000 |
| Equity capital | 54,170,000 | 55,823,000 | 55,974,000 | 56,779,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,583,000 | 11,345,000 | 17,072,000 | 22,812,000 |
| Interest expense | 647,000 | 1,350,000 | 2,065,000 | 2,765,000 |
| Net interest income | 4,936,000 | 9,995,000 | 15,007,000 | 20,047,000 |
| Noninterest income | 903,000 | 1,534,000 | 2,176,000 | 2,900,000 |
| Noninterest expense | 3,519,000 | 6,947,000 | 10,331,000 | 13,888,000 |
| Provision for loan losses | 555,000 | 755,000 | 1,055,000 | 1,355,000 |
| Pretax income | 1,765,000 | 3,825,000 | 5,803,000 | 7,710,000 |
| Income tax | 469,000 | 1,068,000 | 1,708,000 | 2,286,000 |
| Net income | 1,296,000 | 2,757,000 | 4,095,000 | 5,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,044,000 | 56,028,000 | 55,755,000 | 56,155,000 |
| Total capital | 59,980,000 | 60,786,000 | 60,624,000 | 61,012,000 |
| Risk-weighted assets | 393,776,000 | 398,233,000 | 403,417,000 | 428,248,000 |