Call reports 2003
HERITAGE BANK OF COMMERCE — 2003
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 948,622,000 | 1,002,817,000 | 991,281,000 | 1,010,057,000 |
| Total loans | 678,302,000 | 665,434,000 | 672,855,000 | 696,726,000 |
| Allowance for loan losses | 10,014,000 | 10,330,000 | 9,289,000 | 9,647,000 |
| Securities available for sale | 99,436,000 | 156,360,000 | 172,010,000 | 153,473,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 833,466,000 | 857,397,000 | 844,782,000 | 844,290,000 |
| Interest-bearing deposits | 708,380,000 | 694,130,000 | 687,512,000 | 703,056,000 |
| Noninterest-bearing deposits | 125,086,000 | 163,267,000 | 157,270,000 | 141,234,000 |
| Equity capital | 98,018,000 | 100,380,000 | 101,223,000 | 103,763,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 12,173,000 | 23,721,000 | 34,962,000 | 46,830,000 |
| Interest expense | 2,314,000 | 4,409,000 | 6,338,000 | 8,190,000 |
| Net interest income | 9,859,000 | 19,312,000 | 28,624,000 | 38,640,000 |
| Noninterest income | 2,539,000 | 5,022,000 | 7,401,000 | 9,593,000 |
| Noninterest expense | 9,191,000 | 17,482,000 | 25,607,000 | 34,168,000 |
| Provision for loan losses | 914,000 | 1,336,000 | 1,781,000 | 2,080,000 |
| Pretax income | 2,718,000 | 5,974,000 | 9,169,000 | 12,720,000 |
| Income tax | 1,023,000 | 2,060,000 | 3,000,000 | 4,100,000 |
| Net income | 1,695,000 | 3,914,000 | 6,169,000 | 8,620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,494,000 | 98,707,000 | 101,035,000 | 103,496,000 |
| Total capital | 106,611,000 | 108,804,000 | 111,321,000 | 113,899,000 |
| Risk-weighted assets | 805,225,000 | 803,171,000 | 820,161,000 | 829,153,000 |