Call reports 2010
HERITAGE BANK OF COMMERCE — 2010
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,333,677,000 | 1,300,643,000 | 1,327,504,000 | 1,242,806,000 |
| Total loans | 1,017,568,000 | 967,143,000 | 899,371,000 | 857,059,000 |
| Allowance for loan losses | 26,527,000 | 26,753,000 | 25,290,000 | 25,204,000 |
| Securities available for sale | 139,387,000 | 142,212,000 | 111,459,000 | 232,165,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,086,757,000 | 1,071,896,000 | 1,098,800,000 | 1,027,020,000 |
| Interest-bearing deposits | 947,322,000 | 940,526,000 | 940,498,000 | 865,111,000 |
| Noninterest-bearing deposits | 139,435,000 | 131,370,000 | 158,302,000 | 161,909,000 |
| Equity capital | 186,148,000 | 175,044,000 | 176,038,000 | 174,592,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 14,418,000 | 28,728,000 | 42,229,000 | 55,464,000 |
| Interest expense | 2,515,000 | 4,834,000 | 6,895,000 | 8,647,000 |
| Net interest income | 11,903,000 | 23,894,000 | 35,334,000 | 46,817,000 |
| Noninterest income | 982,000 | 2,619,000 | 2,422,000 | 4,080,000 |
| Noninterest expense | 10,944,000 | 64,713,000 | 74,121,000 | 83,306,000 |
| Provision for loan losses | 5,096,000 | 23,695,000 | 25,754,000 | 26,804,000 |
| Pretax income | -3,155,000 | -61,895,000 | -60,627,000 | -57,258,000 |
| Income tax | -34,000 | -5,539,000 | -5,771,000 | -5,074,000 |
| Net income | -3,121,000 | -56,356,000 | -54,856,000 | -52,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,936,000 | 152,251,000 | 154,283,000 | 159,192,000 |
| Total capital | 143,941,000 | 165,561,000 | 166,588,000 | 171,185,000 |
| Risk-weighted assets | 1,107,572,000 | 1,050,908,000 | 971,052,000 | 945,919,000 |