Call reports 2020
HERITAGE BANK, INC. — 2020
What HERITAGE BANK, INC. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,018,131,000 | 1,165,794,000 | 1,157,631,000 | 1,278,325,000 |
| Total loans | 706,099,000 | 807,429,000 | 808,461,000 | 786,325,000 |
| Allowance for loan losses | 8,480,000 | 9,530,000 | 9,875,000 | 10,660,000 |
| Securities available for sale | 158,484,000 | 163,435,000 | 221,323,000 | 241,105,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 894,306,000 | 1,035,773,000 | 1,020,293,000 | 1,136,265,000 |
| Interest-bearing deposits | 684,987,000 | 738,199,000 | 728,265,000 | 839,847,000 |
| Noninterest-bearing deposits | 209,319,000 | 297,574,000 | 292,028,000 | 296,418,000 |
| Equity capital | 90,438,000 | 94,405,000 | 97,118,000 | 101,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,063,000 | 20,161,000 | 30,513,000 | 41,545,000 |
| Interest expense | 1,923,000 | 3,263,000 | 4,430,000 | 5,383,000 |
| Net interest income | 8,140,000 | 16,898,000 | 26,083,000 | 36,162,000 |
| Noninterest income | 1,634,000 | 3,548,000 | 4,910,000 | 6,287,000 |
| Noninterest expense | 6,464,000 | 12,413,000 | 18,839,000 | 24,979,000 |
| Provision for loan losses | 745,000 | 2,020,000 | 2,395,000 | 2,895,000 |
| Pretax income | 2,565,000 | 6,013,000 | 9,759,000 | 14,575,000 |
| Income tax | 497,000 | 998,000 | 1,792,000 | 2,224,000 |
| Net income | 2,068,000 | 5,015,000 | 7,967,000 | 12,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,574,000 | 89,526,000 | 92,479,000 | 95,698,000 |
| Total capital | 95,054,000 | 99,056,000 | 102,354,000 | 106,245,000 |
| Risk-weighted assets | 813,807,000 | 819,097,000 | 836,861,000 | 843,666,000 |