Call reports 2023
HERITAGE BANK & TRUST — 2023
What HERITAGE BANK & TRUST reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 305,887,000 | 316,401,000 | 344,985,000 | 360,874,000 |
| Total loans | 239,559,000 | 246,197,000 | 260,647,000 | 277,839,000 |
| Allowance for loan losses | 4,770,000 | 4,836,000 | 5,042,000 | 5,364,000 |
| Securities available for sale | 40,194,000 | 38,363,000 | 40,897,000 | 41,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 281,283,000 | 281,535,000 | 307,973,000 | 321,563,000 |
| Interest-bearing deposits | 223,515,000 | 225,159,000 | 245,280,000 | 272,713,000 |
| Noninterest-bearing deposits | 57,769,000 | 56,376,000 | 62,693,000 | 48,850,000 |
| Equity capital | 22,243,000 | 22,439,000 | 23,798,000 | 25,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,542,000 | 7,429,000 | 11,807,000 | 16,594,000 |
| Interest expense | 945,000 | 2,119,000 | 3,632,000 | 5,293,000 |
| Net interest income | 2,597,000 | 5,310,000 | 8,175,000 | 11,301,000 |
| Noninterest income | 413,000 | 898,000 | 1,479,000 | 2,110,000 |
| Noninterest expense | 2,487,000 | 4,965,000 | 7,439,000 | 9,856,000 |
| Provision for loan losses | 90,000 | 150,000 | 365,000 | 700,000 |
| Pretax income | 433,000 | 1,093,000 | 1,850,000 | 2,807,000 |
| Income tax | 113,000 | 288,000 | 488,000 | 532,000 |
| Net income | 320,000 | 805,000 | 1,362,000 | 2,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,645,000 | 26,336,000 | 28,400,000 | 29,274,000 |
| Total capital | 28,679,000 | 29,460,000 | 31,676,000 | 32,770,000 |
| Risk-weighted assets | 240,953,000 | 248,204,000 | 260,286,000 | 277,762,000 |