Call reports 2021
HERITAGE BANK OF COMMERCE — 2021
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 4,999,223,000 | 5,071,027,000 | 5,460,770,000 | 5,496,724,000 |
| Total loans | 2,707,541,000 | 2,829,140,000 | 2,836,537,000 | 3,089,693,000 |
| Allowance for loan losses | 44,296,000 | 43,956,000 | 43,680,000 | 43,290,000 |
| Securities available for sale | 196,718,000 | 145,955,000 | 121,000,000 | 102,252,000 |
| Securities held to maturity | 306,587,000 | 421,337,000 | 537,330,000 | 658,440,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,299,478,000 | 4,364,733,000 | 4,746,778,000 | 4,778,899,000 |
| Interest-bearing deposits | 2,465,140,000 | 2,503,956,000 | 2,921,416,000 | 2,855,645,000 |
| Noninterest-bearing deposits | 1,834,338,000 | 1,860,777,000 | 1,825,362,000 | 1,923,254,000 |
| Equity capital | 599,741,000 | 601,483,000 | 608,208,000 | 616,108,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 36,793,000 | 73,489,000 | 113,486,000 | 153,419,000 |
| Interest expense | 1,232,000 | 2,411,000 | 3,553,000 | 4,817,000 |
| Net interest income | 35,561,000 | 71,078,000 | 109,933,000 | 148,602,000 |
| Noninterest income | 2,401,000 | 4,495,000 | 6,814,000 | 9,646,000 |
| Noninterest expense | 22,147,000 | 47,007,000 | 67,971,000 | 89,270,000 |
| Provision for loan losses | -1,512,000 | -2,005,000 | -2,519,000 | -3,134,000 |
| Pretax income | 17,327,000 | 30,571,000 | 51,295,000 | 72,112,000 |
| Income tax | 4,848,000 | 8,231,000 | 14,207,000 | 19,985,000 |
| Net income | 12,479,000 | 22,340,000 | 37,088,000 | 52,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 433,639,000 | 436,192,000 | 443,947,000 | 451,586,000 |
| Total capital | 467,424,000 | 469,701,000 | 477,175,000 | 484,382,000 |
| Risk-weighted assets | 2,957,908,000 | 3,140,695,000 | 3,297,729,000 | 3,518,391,000 |