Call reports 2014
HERITAGE BANK OF COMMERCE — 2014
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,471,472,000 | 1,481,894,000 | 1,559,669,000 | 1,616,356,000 |
| Total loans | 944,653,000 | 992,610,000 | 1,030,269,000 | 1,089,815,000 |
| Allowance for loan losses | 18,817,000 | 18,592,000 | 18,541,000 | 18,379,000 |
| Securities available for sale | 262,375,000 | 261,489,000 | 191,680,000 | 206,335,000 |
| Securities held to maturity | 95,548,000 | 95,972,000 | 94,759,000 | 95,362,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,279,306,000 | 1,283,548,000 | 1,355,754,000 | 1,398,545,000 |
| Interest-bearing deposits | 821,131,000 | 811,613,000 | 852,835,000 | 870,725,000 |
| Noninterest-bearing deposits | 458,175,000 | 471,935,000 | 502,919,000 | 527,820,000 |
| Equity capital | 160,881,000 | 167,115,000 | 170,339,000 | 173,453,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 14,061,000 | 28,346,000 | 42,889,000 | 59,711,000 |
| Interest expense | 521,000 | 1,028,000 | 1,528,000 | 2,185,000 |
| Net interest income | 13,540,000 | 27,318,000 | 41,361,000 | 57,526,000 |
| Noninterest income | 1,573,000 | 3,362,000 | 5,487,000 | 7,225,000 |
| Noninterest expense | 10,053,000 | 20,324,000 | 30,330,000 | 42,188,000 |
| Provision for loan losses | -10,000 | -208,000 | -231,000 | -338,000 |
| Pretax income | 5,120,000 | 10,614,000 | 16,846,000 | 22,998,000 |
| Income tax | 1,754,000 | 3,634,000 | 6,160,000 | 8,384,000 |
| Net income | 3,366,000 | 6,980,000 | 10,686,000 | 14,614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,093,000 | 163,447,000 | 167,437,000 | 158,976,000 |
| Total capital | 173,391,000 | 179,379,000 | 183,502,000 | 175,765,000 |
| Risk-weighted assets | 1,219,810,000 | 1,271,329,000 | 1,282,159,000 | 1,340,949,000 |