Call reports 2013
HERITAGE BANK OF COMMERCE — 2013
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,381,202,000 | 1,397,042,000 | 1,398,732,000 | 1,493,190,000 |
| Total loans | 806,319,000 | 848,271,000 | 900,027,000 | 918,061,000 |
| Allowance for loan losses | 19,342,000 | 19,342,000 | 19,342,000 | 19,164,000 |
| Securities available for sale | 346,800,000 | 293,778,000 | 280,471,000 | 280,100,000 |
| Securities held to maturity | 68,283,000 | 81,731,000 | 89,732,000 | 95,921,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,178,287,000 | 1,199,768,000 | 1,212,268,000 | 1,305,230,000 |
| Interest-bearing deposits | 769,693,000 | 781,524,000 | 786,268,000 | 855,136,000 |
| Noninterest-bearing deposits | 408,594,000 | 418,244,000 | 426,000,000 | 450,094,000 |
| Equity capital | 166,406,000 | 163,759,000 | 151,866,000 | 155,958,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 12,906,000 | 25,779,000 | 39,348,000 | 53,053,000 |
| Interest expense | 626,000 | 1,221,000 | 1,797,000 | 2,371,000 |
| Net interest income | 12,280,000 | 24,558,000 | 37,551,000 | 50,682,000 |
| Noninterest income | 1,479,000 | 3,086,000 | 4,394,000 | 5,899,000 |
| Noninterest expense | 10,148,000 | 19,630,000 | 29,233,000 | 38,633,000 |
| Provision for loan losses | 0 | -270,000 | -804,000 | -816,000 |
| Pretax income | 3,642,000 | 8,322,000 | 13,554,000 | 18,802,000 |
| Income tax | 1,026,000 | 2,396,000 | 4,077,000 | 5,647,000 |
| Net income | 2,616,000 | 5,926,000 | 9,477,000 | 13,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 154,303,000 | 158,552,000 | 144,097,000 | 149,037,000 |
| Total capital | 167,579,000 | 172,463,000 | 158,596,000 | 163,827,000 |
| Risk-weighted assets | 1,055,798,000 | 1,107,209,000 | 1,154,759,000 | 1,178,719,000 |