Call reports 2020
HERITAGE BANK OF COMMERCE — 2020
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 4,076,251,000 | 4,612,385,000 | 4,605,351,000 | 4,632,230,000 |
| Total loans | 2,556,326,000 | 2,690,714,000 | 2,700,581,000 | 2,620,961,000 |
| Allowance for loan losses | 44,703,000 | 45,444,000 | 45,422,000 | 44,400,000 |
| Securities available for sale | 373,570,000 | 323,565,000 | 294,438,000 | 235,774,000 |
| Securities held to maturity | 348,098,000 | 322,732,000 | 295,664,000 | 297,443,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,387,516,000 | 3,920,737,000 | 3,912,098,000 | 3,934,864,000 |
| Interest-bearing deposits | 1,922,105,000 | 2,186,168,000 | 2,192,374,000 | 2,252,831,000 |
| Noninterest-bearing deposits | 1,465,411,000 | 1,734,569,000 | 1,719,724,000 | 1,682,033,000 |
| Equity capital | 589,048,000 | 592,202,000 | 595,194,000 | 595,681,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 41,058,000 | 78,249,000 | 114,554,000 | 150,792,000 |
| Interest expense | 1,784,000 | 3,400,000 | 4,904,000 | 6,261,000 |
| Net interest income | 39,274,000 | 74,849,000 | 109,650,000 | 144,531,000 |
| Noninterest income | 2,976,000 | 4,753,000 | 7,271,000 | 9,351,000 |
| Noninterest expense | 24,704,000 | 44,996,000 | 65,512,000 | 86,274,000 |
| Provision for loan losses | 13,270,000 | 14,384,000 | 14,581,000 | 13,233,000 |
| Pretax income | 4,376,000 | 20,492,000 | 37,098,000 | 54,652,000 |
| Income tax | 1,351,000 | 5,981,000 | 10,527,000 | 15,397,000 |
| Net income | 3,025,000 | 14,511,000 | 26,571,000 | 39,255,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 410,050,000 | 417,084,000 | 422,369,000 | 428,109,000 |
| Total capital | 444,030,000 | 451,781,000 | 457,069,000 | 461,933,000 |
| Risk-weighted assets | 3,154,321,000 | 2,981,526,000 | 2,999,926,000 | 2,922,577,000 |