Call reports 2024
HERITAGE BANK & TRUST — 2024
What HERITAGE BANK & TRUST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 372,564,000 | 369,042,000 | 377,823,000 | 386,571,000 |
| Total loans | 279,767,000 | 282,114,000 | 286,283,000 | 301,523,000 |
| Allowance for loan losses | 5,415,000 | 5,450,000 | 5,623,000 | 5,783,000 |
| Securities available for sale | 42,686,000 | 41,633,000 | 41,755,000 | 39,015,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 334,143,000 | 336,517,000 | 344,408,000 | 354,026,000 |
| Interest-bearing deposits | 283,438,000 | 280,836,000 | 286,117,000 | 298,467,000 |
| Noninterest-bearing deposits | 50,705,000 | 55,681,000 | 58,291,000 | 55,559,000 |
| Equity capital | 26,315,000 | 27,217,000 | 27,635,000 | 27,482,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,980,000 | 10,107,000 | 15,372,000 | 20,687,000 |
| Interest expense | 1,945,000 | 3,895,000 | 5,871,000 | 7,857,000 |
| Net interest income | 3,035,000 | 6,212,000 | 9,501,000 | 12,830,000 |
| Noninterest income | 517,000 | 1,393,000 | 2,000,000 | 2,620,000 |
| Noninterest expense | 2,732,000 | 5,661,000 | 8,501,000 | 11,392,000 |
| Provision for loan losses | 50,000 | 100,000 | 275,000 | 435,000 |
| Pretax income | 770,000 | 1,844,000 | 2,721,000 | 3,619,000 |
| Income tax | 202,000 | 483,000 | 712,000 | 714,000 |
| Net income | 568,000 | 1,361,000 | 2,009,000 | 2,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,011,000 | 30,819,000 | 30,184,000 | 31,099,000 |
| Total capital | 33,541,000 | 34,292,000 | 33,734,000 | 34,848,000 |
| Risk-weighted assets | 280,454,000 | 275,946,000 | 281,910,000 | 297,849,000 |