Call reports 2018
HERITAGE BANK, INC. — 2018
What HERITAGE BANK, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 761,727,000 | 782,110,000 | 828,157,000 | 898,294,000 |
| Total loans | 562,978,000 | 574,169,000 | 611,389,000 | 620,319,000 |
| Allowance for loan losses | 7,144,000 | 7,353,000 | 7,543,000 | 7,251,000 |
| Securities available for sale | 127,361,000 | 123,019,000 | 126,224,000 | 130,266,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 644,199,000 | 666,611,000 | 727,631,000 | 787,889,000 |
| Interest-bearing deposits | 493,706,000 | 505,786,000 | 550,534,000 | 605,196,000 |
| Noninterest-bearing deposits | 150,493,000 | 160,825,000 | 177,097,000 | 182,693,000 |
| Equity capital | 70,883,000 | 72,337,000 | 73,760,000 | 76,019,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 7,844,000 | 16,163,000 | 24,974,000 | 34,472,000 |
| Interest expense | 990,000 | 2,126,000 | 3,480,000 | 5,197,000 |
| Net interest income | 6,854,000 | 14,037,000 | 21,494,000 | 29,275,000 |
| Noninterest income | 1,106,000 | 2,038,000 | 2,992,000 | 4,154,000 |
| Noninterest expense | 5,321,000 | 10,920,000 | 16,630,000 | 22,877,000 |
| Provision for loan losses | 300,000 | 600,000 | 840,000 | 954,000 |
| Pretax income | 2,314,000 | 4,530,000 | 6,991,000 | 9,573,000 |
| Income tax | 463,000 | 881,000 | 1,319,000 | 1,795,000 |
| Net income | 1,851,000 | 3,649,000 | 5,672,000 | 7,778,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,385,000 | 74,197,000 | 76,232,000 | 77,156,000 |
| Total capital | 79,529,000 | 81,525,000 | 83,775,000 | 84,407,000 |
| Risk-weighted assets | 657,972,000 | 682,323,000 | 681,725,000 | 692,463,000 |