Call reports 2015
HERITAGE BANK OF COMMERCE — 2015
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,652,696,000 | 1,679,848,000 | 2,259,272,000 | 2,361,179,000 |
| Total loans | 1,103,381,000 | 1,137,397,000 | 1,340,278,000 | 1,366,013,000 |
| Allowance for loan losses | 18,554,000 | 18,757,000 | 18,737,000 | 18,926,000 |
| Securities available for sale | 200,768,000 | 209,092,000 | 257,410,000 | 385,079,000 |
| Securities held to maturity | 94,588,000 | 100,321,000 | 111,004,000 | 109,311,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,431,695,000 | 1,452,244,000 | 1,965,198,000 | 2,064,461,000 |
| Interest-bearing deposits | 879,310,000 | 872,927,000 | 1,203,581,000 | 1,241,370,000 |
| Noninterest-bearing deposits | 552,385,000 | 579,317,000 | 761,617,000 | 823,091,000 |
| Equity capital | 178,541,000 | 181,574,000 | 245,398,000 | 246,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 17,476,000 | 35,748,000 | 56,149,000 | 79,116,000 |
| Interest expense | 508,000 | 1,041,000 | 1,666,000 | 2,404,000 |
| Net interest income | 16,968,000 | 34,707,000 | 54,483,000 | 76,712,000 |
| Noninterest income | 1,940,000 | 3,989,000 | 5,958,000 | 8,076,000 |
| Noninterest expense | 11,973,000 | 24,078,000 | 39,541,000 | 56,074,000 |
| Provision for loan losses | -60,000 | -38,000 | -339,000 | 32,000 |
| Pretax income | 6,995,000 | 14,656,000 | 21,239,000 | 29,324,000 |
| Income tax | 2,605,000 | 5,502,000 | 8,085,000 | 11,243,000 |
| Net income | 4,390,000 | 9,154,000 | 13,154,000 | 18,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 160,165,000 | 168,206,000 | 194,040,000 | 200,327,000 |
| Total capital | 178,313,000 | 186,809,000 | 213,520,000 | 219,943,000 |
| Risk-weighted assets | 1,450,102,000 | 1,486,156,000 | 1,760,334,000 | 1,750,222,000 |