Call reports 2021
HERITAGE BANK, INC. — 2021
What HERITAGE BANK, INC. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,303,887,000 | 1,390,756,000 | 1,376,609,000 | 1,463,835,000 |
| Total loans | 794,165,000 | 768,882,000 | 749,475,000 | 738,997,000 |
| Allowance for loan losses | 10,968,000 | 10,968,000 | 11,157,000 | 11,323,000 |
| Securities available for sale | 279,429,000 | 333,887,000 | 379,336,000 | 425,940,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,166,132,000 | 1,247,248,000 | 1,224,917,000 | 1,315,246,000 |
| Interest-bearing deposits | 846,533,000 | 850,284,000 | 885,563,000 | 983,276,000 |
| Noninterest-bearing deposits | 319,599,000 | 396,964,000 | 339,354,000 | 331,970,000 |
| Equity capital | 101,841,000 | 107,277,000 | 108,813,000 | 112,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 10,928,000 | 22,076,000 | 33,467,000 | 44,427,000 |
| Interest expense | 805,000 | 1,546,000 | 2,224,000 | 2,894,000 |
| Net interest income | 10,123,000 | 20,530,000 | 31,243,000 | 41,533,000 |
| Noninterest income | 2,425,000 | 3,899,000 | 5,595,000 | 7,343,000 |
| Noninterest expense | 7,668,000 | 14,620,000 | 21,982,000 | 29,262,000 |
| Provision for loan losses | 275,000 | 542,000 | 742,000 | 592,000 |
| Pretax income | 4,605,000 | 9,267,000 | 14,114,000 | 19,022,000 |
| Income tax | 1,136,000 | 2,363,000 | 3,415,000 | 3,518,000 |
| Net income | 3,469,000 | 6,904,000 | 10,699,000 | 15,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,370,000 | 102,806,000 | 106,733,000 | 109,988,000 |
| Total capital | 109,939,000 | 113,620,000 | 117,890,000 | 121,311,000 |
| Risk-weighted assets | 845,090,000 | 865,006,000 | 906,867,000 | 933,420,000 |