Call reports 2017
HERITAGE BANK, INC. — 2017
What HERITAGE BANK, INC. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 699,782,000 | 706,129,000 | 719,021,000 | 762,809,000 |
| Total loans | 494,169,000 | 510,910,000 | 531,021,000 | 547,505,000 |
| Allowance for loan losses | 5,721,000 | 6,291,000 | 6,578,000 | 6,706,000 |
| Securities available for sale | 139,878,000 | 129,799,000 | 123,474,000 | 127,909,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 602,544,000 | 601,620,000 | 606,466,000 | 655,651,000 |
| Interest-bearing deposits | 479,077,000 | 470,601,000 | 456,914,000 | 498,938,000 |
| Noninterest-bearing deposits | 123,467,000 | 131,019,000 | 149,552,000 | 156,713,000 |
| Equity capital | 66,131,000 | 68,446,000 | 70,397,000 | 70,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 6,824,000 | 14,046,000 | 21,494,000 | 29,353,000 |
| Interest expense | 730,000 | 1,522,000 | 2,343,000 | 3,224,000 |
| Net interest income | 6,094,000 | 12,524,000 | 19,151,000 | 26,129,000 |
| Noninterest income | 901,000 | 1,879,000 | 2,942,000 | 3,918,000 |
| Noninterest expense | 4,538,000 | 9,201,000 | 14,083,000 | 19,164,000 |
| Provision for loan losses | 520,000 | 870,000 | 1,170,000 | 1,470,000 |
| Pretax income | 1,933,000 | 4,323,000 | 6,838,000 | 9,411,000 |
| Income tax | 535,000 | 1,180,000 | 1,892,000 | 3,179,000 |
| Net income | 1,398,000 | 3,143,000 | 4,946,000 | 6,232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,740,000 | 68,414,000 | 70,204,000 | 70,485,000 |
| Total capital | 72,461,000 | 74,705,000 | 76,781,000 | 77,191,000 |
| Risk-weighted assets | 591,612,000 | 614,148,000 | 633,730,000 | 662,779,000 |