Call reports 2004
HERITAGE BANK OF COMMERCE — 2004
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 1,068,368,000 | 1,087,583,000 | 1,088,261,000 | 1,110,558,000 |
| Total loans | 696,251,000 | 738,773,000 | 756,397,000 | 762,709,000 |
| Allowance for loan losses | 8,507,000 | 9,176,000 | 9,448,000 | 12,497,000 |
| Securities available for sale | 204,705,000 | 230,435,000 | 228,483,000 | 232,809,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 893,458,000 | 928,329,000 | 911,471,000 | 926,365,000 |
| Interest-bearing deposits | 732,900,000 | 780,466,000 | 783,185,000 | 751,126,000 |
| Noninterest-bearing deposits | 160,558,000 | 147,863,000 | 128,286,000 | 175,239,000 |
| Equity capital | 107,094,000 | 105,015,000 | 110,708,000 | 114,342,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 11,667,000 | 24,006,000 | 37,268,000 | 50,994,000 |
| Interest expense | 1,735,000 | 3,576,000 | 5,591,000 | 7,787,000 |
| Net interest income | 9,932,000 | 20,430,000 | 31,677,000 | 43,207,000 |
| Noninterest income | 2,262,000 | 4,302,000 | 6,665,000 | 9,726,000 |
| Noninterest expense | 8,502,000 | 19,127,000 | 27,787,000 | 38,235,000 |
| Provision for loan losses | 420,000 | 868,000 | 1,271,000 | 470,000 |
| Pretax income | 3,484,000 | 5,213,000 | 9,760,000 | 14,704,000 |
| Income tax | 1,120,000 | 1,680,000 | 2,950,000 | 4,028,000 |
| Net income | 2,364,000 | 3,533,000 | 6,810,000 | 10,676,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,897,000 | 107,430,000 | 110,757,000 | 115,851,000 |
| Total capital | 116,593,000 | 118,424,000 | 122,052,000 | 127,474,000 |
| Risk-weighted assets | 854,255,000 | 877,832,000 | 901,548,000 | 928,691,000 |