Call reports 2007
HERITAGE BANK OF COMMERCE — 2007
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 1,069,300,000 | 1,345,404,000 | 1,324,887,000 | 1,346,046,000 |
| Total loans | 712,417,000 | 945,762,000 | 954,658,000 | 1,036,465,000 |
| Allowance for loan losses | 9,014,000 | 11,104,000 | 11,472,000 | 12,218,000 |
| Securities available for sale | 164,800,000 | 169,498,000 | 150,116,000 | 135,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 884,346,000 | 1,123,947,000 | 1,117,511,000 | 1,073,617,000 |
| Interest-bearing deposits | 766,886,000 | 969,088,000 | 956,573,000 | 917,802,000 |
| Noninterest-bearing deposits | 117,460,000 | 154,859,000 | 160,938,000 | 155,815,000 |
| Equity capital | 147,727,000 | 188,618,000 | 174,006,000 | 178,290,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 17,234,000 | 35,552,000 | 58,033,000 | 79,165,000 |
| Interest expense | 4,927,000 | 10,276,000 | 18,024,000 | 24,705,000 |
| Net interest income | 12,307,000 | 25,276,000 | 40,009,000 | 54,460,000 |
| Noninterest income | 2,278,000 | 4,421,000 | 5,450,000 | 6,771,000 |
| Noninterest expense | 7,655,000 | 15,455,000 | 25,155,000 | 34,546,000 |
| Provision for loan losses | -236,000 | -236,000 | -736,000 | -11,000 |
| Pretax income | 7,166,000 | 14,478,000 | 21,040,000 | 26,696,000 |
| Income tax | 2,491,000 | 5,034,000 | 7,630,000 | 9,736,000 |
| Net income | 4,675,000 | 9,444,000 | 13,410,000 | 16,960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 149,220,000 | 142,643,000 | 127,210,000 | 131,693,000 |
| Total capital | 158,713,000 | 154,540,000 | 139,575,000 | 144,154,000 |
| Risk-weighted assets | 842,881,000 | 1,088,625,000 | 1,134,346,000 | 1,226,202,000 |