Call reports 2008
HERITAGE BANK OF COMMERCE — 2008
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,413,435,000 | 1,486,087,000 | 1,511,753,000 | 1,497,892,000 |
| Total loans | 1,131,805,000 | 1,209,122,000 | 1,250,340,000 | 1,248,631,000 |
| Allowance for loan losses | 13,434,000 | 20,865,000 | 22,323,000 | 25,007,000 |
| Securities available for sale | 130,784,000 | 116,594,000 | 107,565,000 | 104,475,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,173,394,000 | 1,160,804,000 | 1,188,326,000 | 1,179,859,000 |
| Interest-bearing deposits | 1,039,195,000 | 1,016,117,000 | 1,048,764,000 | 1,036,550,000 |
| Noninterest-bearing deposits | 134,199,000 | 144,687,000 | 139,562,000 | 143,309,000 |
| Equity capital | 178,680,000 | 176,327,000 | 180,901,000 | 196,614,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 19,949,000 | 38,873,000 | 58,169,000 | 76,533,000 |
| Interest expense | 6,225,000 | 11,357,000 | 16,879,000 | 22,048,000 |
| Net interest income | 13,724,000 | 27,516,000 | 41,290,000 | 54,485,000 |
| Noninterest income | 1,250,000 | 2,574,000 | 3,948,000 | 5,252,000 |
| Noninterest expense | 9,851,000 | 20,018,000 | 29,733,000 | 39,325,000 |
| Provision for loan losses | 1,650,000 | 9,450,000 | 11,037,000 | 15,537,000 |
| Pretax income | 3,473,000 | 622,000 | 4,468,000 | 4,875,000 |
| Income tax | 995,000 | 102,000 | 158,000 | 419,000 |
| Net income | 2,478,000 | 520,000 | 4,310,000 | 4,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,730,000 | 129,362,000 | 133,710,000 | 149,493,000 |
| Total capital | 144,389,000 | 146,215,000 | 150,782,000 | 166,466,000 |
| Risk-weighted assets | 1,257,403,000 | 1,343,988,000 | 1,360,350,000 | 1,349,470,000 |