Call reports 2011
HERITAGE BANK OF COMMERCE — 2011
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,252,962,000 | 1,258,923,000 | 1,249,661,000 | 1,303,246,000 |
| Total loans | 812,714,000 | 786,172,000 | 780,495,000 | 765,758,000 |
| Allowance for loan losses | 24,009,000 | 23,167,000 | 21,049,000 | 20,700,000 |
| Securities available for sale | 250,132,000 | 302,968,000 | 312,125,000 | 380,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,037,263,000 | 1,028,171,000 | 1,031,122,000 | 1,073,775,000 |
| Interest-bearing deposits | 907,623,000 | 886,052,000 | 878,426,000 | 927,777,000 |
| Noninterest-bearing deposits | 129,640,000 | 142,119,000 | 152,696,000 | 145,998,000 |
| Equity capital | 177,065,000 | 182,405,000 | 193,163,000 | 195,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 13,031,000 | 26,136,000 | 39,246,000 | 52,292,000 |
| Interest expense | 1,327,000 | 2,408,000 | 3,262,000 | 4,014,000 |
| Net interest income | 11,704,000 | 23,728,000 | 35,984,000 | 48,278,000 |
| Noninterest income | 1,678,000 | 3,675,000 | 4,878,000 | 6,536,000 |
| Noninterest expense | 9,577,000 | 18,417,000 | 27,069,000 | 36,173,000 |
| Provision for loan losses | 770,000 | 1,725,000 | 3,239,000 | 4,469,000 |
| Pretax income | 3,035,000 | 7,261,000 | 10,554,000 | 14,631,000 |
| Income tax | 526,000 | 2,068,000 | -250,000 | 283,000 |
| Net income | 2,509,000 | 5,193,000 | 10,804,000 | 14,348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,479,000 | 170,523,000 | 175,903,000 | 178,697,000 |
| Total capital | 175,471,000 | 182,367,000 | 187,794,000 | 190,904,000 |
| Risk-weighted assets | 946,961,000 | 935,830,000 | 941,922,000 | 967,898,000 |