Call reports 2022
HERITAGE BANK OF COMMERCE — 2022
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 5,426,005,000 | 5,354,966,000 | 5,429,042,000 | 5,152,676,000 |
| Total loans | 3,024,895,000 | 3,084,733,000 | 3,218,554,000 | 3,301,006,000 |
| Allowance for loan losses | 42,788,000 | 45,490,000 | 46,921,000 | 47,512,000 |
| Securities available for sale | 111,217,000 | 332,129,000 | 478,534,000 | 489,596,000 |
| Securities held to maturity | 736,862,000 | 723,755,000 | 703,809,000 | 715,005,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,711,289,000 | 4,633,358,000 | 4,703,466,000 | 4,410,578,000 |
| Interest-bearing deposits | 2,877,962,000 | 2,767,278,000 | 2,799,691,000 | 2,652,882,000 |
| Noninterest-bearing deposits | 1,833,327,000 | 1,866,080,000 | 1,903,775,000 | 1,757,696,000 |
| Equity capital | 619,102,000 | 625,191,000 | 627,191,000 | 649,545,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 39,924,000 | 83,536,000 | 133,788,000 | 189,012,000 |
| Interest expense | 1,115,000 | 2,260,000 | 3,855,000 | 6,769,000 |
| Net interest income | 38,809,000 | 81,276,000 | 129,933,000 | 182,243,000 |
| Noninterest income | 2,442,000 | 4,484,000 | 7,177,000 | 9,916,000 |
| Noninterest expense | 22,356,000 | 44,682,000 | 67,595,000 | 91,174,000 |
| Provision for loan losses | -567,000 | -748,000 | 258,000 | 766,000 |
| Pretax income | 19,462,000 | 41,826,000 | 69,257,000 | 100,219,000 |
| Income tax | 5,559,000 | 12,114,000 | 20,404,000 | 29,518,000 |
| Net income | 13,903,000 | 29,712,000 | 48,853,000 | 70,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 456,267,000 | 465,042,000 | 477,203,000 | 492,725,000 |
| Total capital | 491,349,000 | 502,872,000 | 516,460,000 | 532,576,000 |
| Risk-weighted assets | 3,524,365,000 | 3,577,894,000 | 3,700,321,000 | 3,745,725,000 |