Call reports 2013
HERITAGE BANK USA, INC. — 2013
What HERITAGE BANK USA, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 978,298,000 | 946,884,000 | 928,347,000 | 967,372,000 |
| Total loans | 541,490,000 | 537,676,000 | 541,426,000 | 552,300,000 |
| Allowance for loan losses | 10,579,000 | 9,399,000 | 9,418,000 | 8,682,000 |
| Securities available for sale | 352,972,000 | 338,936,000 | 322,775,000 | 318,910,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 778,036,000 | 743,361,000 | 727,758,000 | 763,519,000 |
| Interest-bearing deposits | 739,008,000 | 705,559,000 | 685,025,000 | 717,097,000 |
| Noninterest-bearing deposits | 39,028,000 | 37,802,000 | 42,733,000 | 46,422,000 |
| Equity capital | 112,739,000 | 107,054,000 | 101,188,000 | 100,916,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 9,406,000 | 18,507,000 | 27,436,000 | 36,294,000 |
| Interest expense | 2,732,000 | 5,344,000 | 7,656,000 | 9,847,000 |
| Net interest income | 6,674,000 | 13,163,000 | 19,780,000 | 26,447,000 |
| Noninterest income | 1,720,000 | 3,640,000 | 5,528,000 | 7,392,000 |
| Noninterest expense | 7,114,000 | 13,992,000 | 20,892,000 | 27,673,000 |
| Provision for loan losses | 376,000 | 782,000 | 1,208,000 | 1,604,000 |
| Pretax income | 1,531,000 | 3,445,000 | 4,425,000 | 5,823,000 |
| Income tax | 349,000 | 818,000 | 1,058,000 | 1,140,000 |
| Net income | 1,182,000 | 2,627,000 | 3,367,000 | 4,683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,606,000 | 105,099,000 | 100,371,000 | 101,720,000 |
| Total capital | 110,932,000 | 112,446,000 | 107,728,000 | 109,410,000 |
| Risk-weighted assets | 582,813,000 | 587,449,000 | 587,210,000 | 614,230,000 |