Call reports 2018
HERITAGE BANK OF COMMERCE — 2018
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,784,297,000 | 3,122,015,000 | 3,191,162,000 | 3,095,367,000 |
| Total loans | 1,594,060,000 | 1,962,378,000 | 1,905,731,000 | 1,889,054,000 |
| Allowance for loan losses | 20,139,000 | 26,664,000 | 27,426,000 | 27,848,000 |
| Securities available for sale | 344,766,000 | 335,923,000 | 319,071,000 | 459,043,000 |
| Securities held to maturity | 395,274,000 | 388,603,000 | 375,732,000 | 377,198,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,444,934,000 | 2,705,981,000 | 2,767,807,000 | 2,658,889,000 |
| Interest-bearing deposits | 1,446,346,000 | 1,681,566,000 | 1,663,453,000 | 1,615,950,000 |
| Noninterest-bearing deposits | 998,588,000 | 1,024,415,000 | 1,104,354,000 | 1,042,939,000 |
| Equity capital | 286,956,000 | 362,201,000 | 369,379,000 | 384,516,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 27,909,000 | 59,922,000 | 94,586,000 | 130,010,000 |
| Interest expense | 958,000 | 2,197,000 | 3,773,000 | 5,508,000 |
| Net interest income | 26,951,000 | 57,725,000 | 90,813,000 | 124,502,000 |
| Noninterest income | 2,094,000 | 4,541,000 | 6,798,000 | 9,206,000 |
| Noninterest expense | 15,311,000 | 39,132,000 | 56,259,000 | 72,553,000 |
| Provision for loan losses | 506,000 | 7,704,000 | 7,279,000 | 7,421,000 |
| Pretax income | 13,315,000 | 15,696,000 | 34,339,000 | 54,000,000 |
| Income tax | 3,601,000 | 4,008,000 | 9,349,000 | 14,839,000 |
| Net income | 9,714,000 | 11,688,000 | 24,990,000 | 39,161,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 248,872,000 | 273,270,000 | 282,461,000 | 293,730,000 |
| Total capital | 269,643,000 | 300,634,000 | 310,636,000 | 322,283,000 |
| Risk-weighted assets | 1,997,777,000 | 2,404,511,000 | 2,316,958,000 | 2,302,751,000 |