Call reports 2016
HERITAGE BANK, INC. — 2016
What HERITAGE BANK, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 601,291,000 | 636,899,000 | 658,008,000 | 702,041,000 |
| Total loans | 421,768,000 | 441,210,000 | 459,204,000 | 474,549,000 |
| Allowance for loan losses | 4,674,000 | 4,695,000 | 5,415,000 | 5,838,000 |
| Securities available for sale | 114,255,000 | 124,727,000 | 132,554,000 | 146,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 5,018,000 | 0 |
| Total deposits | 513,005,000 | 542,194,000 | 563,717,000 | 606,946,000 |
| Interest-bearing deposits | 419,009,000 | 439,861,000 | 449,923,000 | 482,500,000 |
| Noninterest-bearing deposits | 93,996,000 | 102,333,000 | 113,794,000 | 124,446,000 |
| Equity capital | 62,679,000 | 64,970,000 | 66,052,000 | 64,398,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 6,027,000 | 12,295,000 | 18,836,000 | 25,613,000 |
| Interest expense | 658,000 | 1,312,000 | 2,008,000 | 2,729,000 |
| Net interest income | 5,369,000 | 10,983,000 | 16,828,000 | 22,884,000 |
| Noninterest income | 733,000 | 1,540,000 | 2,705,000 | 4,080,000 |
| Noninterest expense | 4,107,000 | 8,310,000 | 12,718,000 | 17,324,000 |
| Provision for loan losses | 145,000 | 265,000 | 905,000 | 1,460,000 |
| Pretax income | 1,849,000 | 3,954,000 | 5,916,000 | 8,186,000 |
| Income tax | 538,000 | 1,140,000 | 1,552,000 | 2,069,000 |
| Net income | 1,311,000 | 2,814,000 | 4,364,000 | 6,117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,548,000 | 63,061,000 | 64,623,000 | 65,326,000 |
| Total capital | 66,222,000 | 67,756,000 | 70,038,000 | 71,164,000 |
| Risk-weighted assets | 513,453,000 | 539,166,000 | 562,161,000 | 578,768,000 |