Call reports 2022
HERITAGE BANK, INC. — 2022
What HERITAGE BANK, INC. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,450,136,000 | 1,449,019,000 | 1,464,653,000 | 1,580,780,000 |
| Total loans | 749,099,000 | 801,127,000 | 875,537,000 | 972,047,000 |
| Allowance for loan losses | 11,499,000 | 11,967,000 | 12,685,000 | 13,040,000 |
| Securities available for sale | 453,706,000 | 453,240,000 | 453,527,000 | 459,350,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,319,660,000 | 1,336,873,000 | 1,370,464,000 | 1,463,096,000 |
| Interest-bearing deposits | 974,512,000 | 943,473,000 | 980,744,000 | 1,071,347,000 |
| Noninterest-bearing deposits | 345,148,000 | 393,400,000 | 389,720,000 | 391,749,000 |
| Equity capital | 91,006,000 | 75,895,000 | 58,585,000 | 71,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 10,960,000 | 22,641,000 | 36,118,000 | 51,785,000 |
| Interest expense | 644,000 | 1,525,000 | 3,334,000 | 6,578,000 |
| Net interest income | 10,316,000 | 21,116,000 | 32,784,000 | 45,207,000 |
| Noninterest income | 1,672,000 | 3,617,000 | 5,826,000 | 8,088,000 |
| Noninterest expense | 7,809,000 | 15,670,000 | 23,672,000 | 31,336,000 |
| Provision for loan losses | 200,000 | 200,000 | 950,000 | 1,400,000 |
| Pretax income | 3,979,000 | 8,863,000 | 13,988,000 | 20,559,000 |
| Income tax | 911,000 | 1,885,000 | 2,880,000 | 3,961,000 |
| Net income | 3,068,000 | 6,978,000 | 11,108,000 | 16,598,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,056,000 | 116,966,000 | 120,726,000 | 124,508,000 |
| Total capital | 124,555,000 | 128,933,000 | 133,411,000 | 137,548,000 |
| Risk-weighted assets | 995,546,000 | 1,069,925,000 | 1,136,945,000 | 1,219,002,000 |