Call reports 2015
HERITAGE BANK, INC. — 2015
What HERITAGE BANK, INC. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 533,910,000 | 538,996,000 | 556,309,000 | 596,256,000 |
| Total loans | 380,055,000 | 386,599,000 | 390,439,000 | 421,479,000 |
| Allowance for loan losses | 4,977,000 | 5,124,000 | 5,212,000 | 4,699,000 |
| Securities available for sale | 96,295,000 | 106,121,000 | 99,794,000 | 126,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 453,824,000 | 458,998,000 | 472,145,000 | 508,388,000 |
| Interest-bearing deposits | 388,839,000 | 385,367,000 | 392,195,000 | 427,501,000 |
| Noninterest-bearing deposits | 64,985,000 | 73,631,000 | 79,950,000 | 80,887,000 |
| Equity capital | 58,016,000 | 58,532,000 | 60,500,000 | 60,592,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 5,655,000 | 11,401,000 | 17,229,000 | 23,298,000 |
| Interest expense | 544,000 | 1,295,000 | 1,796,000 | 2,606,000 |
| Net interest income | 5,111,000 | 10,106,000 | 15,433,000 | 20,692,000 |
| Noninterest income | 604,000 | 1,365,000 | 2,018,000 | 2,635,000 |
| Noninterest expense | 3,725,000 | 7,354,000 | 11,183,000 | 15,164,000 |
| Provision for loan losses | 210,000 | 390,000 | 510,000 | 630,000 |
| Pretax income | 1,808,000 | 3,755,000 | 5,794,000 | 7,568,000 |
| Income tax | 546,000 | 1,107,000 | 1,676,000 | 2,223,000 |
| Net income | 1,262,000 | 2,648,000 | 4,118,000 | 5,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,203,000 | 58,436,000 | 59,905,000 | 60,225,000 |
| Total capital | 62,180,000 | 63,560,000 | 65,117,000 | 64,924,000 |
| Risk-weighted assets | 460,273,000 | 458,916,000 | 467,631,000 | 511,322,000 |