Call reports 2019
HERITAGE BANK OF COMMERCE — 2019
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 3,114,586,000 | 3,106,453,000 | 3,181,132,000 | 4,108,067,000 |
| Total loans | 1,851,534,000 | 1,882,969,000 | 1,878,958,000 | 2,534,896,000 |
| Allowance for loan losses | 27,318,000 | 26,631,000 | 25,895,000 | 23,285,000 |
| Securities available for sale | 452,521,000 | 383,156,000 | 333,101,000 | 404,825,000 |
| Securities held to maturity | 367,023,000 | 351,399,000 | 342,033,000 | 366,560,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,661,632,000 | 2,643,046,000 | 2,709,807,000 | 3,435,029,000 |
| Interest-bearing deposits | 1,623,474,000 | 1,628,391,000 | 1,594,037,000 | 1,963,895,000 |
| Noninterest-bearing deposits | 1,038,158,000 | 1,014,655,000 | 1,115,770,000 | 1,471,134,000 |
| Equity capital | 396,009,000 | 405,658,000 | 413,472,000 | 594,868,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 33,494,000 | 67,052,000 | 100,360,000 | 142,896,000 |
| Interest expense | 1,836,000 | 3,833,000 | 5,874,000 | 8,532,000 |
| Net interest income | 31,658,000 | 63,219,000 | 94,486,000 | 134,364,000 |
| Noninterest income | 2,393,000 | 4,542,000 | 6,691,000 | 9,228,000 |
| Noninterest expense | 17,348,000 | 35,057,000 | 52,254,000 | 81,817,000 |
| Provision for loan losses | -1,061,000 | -1,801,000 | -2,377,000 | 846,000 |
| Pretax income | 17,764,000 | 35,053,000 | 52,178,000 | 61,590,000 |
| Income tax | 4,830,000 | 9,811,000 | 14,789,000 | 17,332,000 |
| Net income | 12,934,000 | 25,242,000 | 37,389,000 | 44,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 302,917,000 | 311,055,000 | 319,572,000 | 411,585,000 |
| Total capital | 330,915,000 | 338,344,000 | 346,087,000 | 435,757,000 |
| Risk-weighted assets | 2,265,296,000 | 2,264,772,000 | 2,269,658,000 | 3,134,849,000 |