Call reports 2017
HERITAGE BANK OF COMMERCE — 2017
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 2,641,097,000 | 2,731,855,000 | 2,842,611,000 | 2,842,537,000 |
| Total loans | 1,517,198,000 | 1,570,044,000 | 1,570,552,000 | 1,586,086,000 |
| Allowance for loan losses | 19,135,000 | 19,397,000 | 19,748,000 | 19,658,000 |
| Securities available for sale | 341,590,000 | 369,901,000 | 390,107,000 | 391,852,000 |
| Securities held to maturity | 341,383,000 | 368,266,000 | 379,550,000 | 398,341,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,333,525,000 | 2,397,394,000 | 2,503,957,000 | 2,505,929,000 |
| Interest-bearing deposits | 1,413,050,000 | 1,425,957,000 | 1,536,881,000 | 1,493,236,000 |
| Noninterest-bearing deposits | 920,475,000 | 971,437,000 | 967,076,000 | 1,012,693,000 |
| Equity capital | 259,773,000 | 284,852,000 | 290,639,000 | 286,771,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 24,758,000 | 50,916,000 | 78,948,000 | 107,134,000 |
| Interest expense | 871,000 | 1,818,000 | 2,869,000 | 3,993,000 |
| Net interest income | 23,887,000 | 49,098,000 | 76,079,000 | 103,141,000 |
| Noninterest income | 2,240,000 | 4,483,000 | 6,865,000 | 9,281,000 |
| Noninterest expense | 14,759,000 | 29,441,000 | 43,732,000 | 58,468,000 |
| Provision for loan losses | 321,000 | 275,000 | 390,000 | 99,000 |
| Pretax income | 11,041,000 | 23,859,000 | 38,816,000 | 53,849,000 |
| Income tax | 4,167,000 | 9,069,000 | 14,765,000 | 27,771,000 |
| Net income | 6,874,000 | 14,790,000 | 24,051,000 | 26,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 213,981,000 | 238,724,000 | 244,831,000 | 244,789,000 |
| Total capital | 233,741,000 | 258,796,000 | 265,269,000 | 265,101,000 |
| Risk-weighted assets | 1,909,040,000 | 1,963,338,000 | 1,985,135,000 | 2,002,737,000 |