Call reports 2014
HERITAGE BANK USA, INC. — 2014
What HERITAGE BANK USA, INC. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 959,327,000 | 945,118,000 | 927,940,000 | 932,319,000 |
| Total loans | 545,016,000 | 546,570,000 | 539,375,000 | 546,996,000 |
| Allowance for loan losses | 8,913,000 | 8,353,000 | 8,133,000 | 6,289,000 |
| Securities available for sale | 341,538,000 | 331,639,000 | 311,686,000 | 303,628,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 762,098,000 | 743,992,000 | 729,065,000 | 731,807,000 |
| Interest-bearing deposits | 717,394,000 | 699,454,000 | 677,845,000 | 680,583,000 |
| Noninterest-bearing deposits | 44,704,000 | 44,538,000 | 51,220,000 | 51,224,000 |
| Equity capital | 103,200,000 | 106,831,000 | 108,529,000 | 106,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,759,000 | 17,587,000 | 26,689,000 | 35,072,000 |
| Interest expense | 2,154,000 | 4,315,000 | 6,328,000 | 8,143,000 |
| Net interest income | 6,605,000 | 13,272,000 | 20,361,000 | 26,929,000 |
| Noninterest income | 1,466,000 | 2,972,000 | 4,923,000 | 4,857,000 |
| Noninterest expense | 7,229,000 | 14,394,000 | 21,765,000 | 31,355,000 |
| Provision for loan losses | 380,000 | 119,000 | -773,000 | -2,273,000 |
| Pretax income | 475,000 | 1,985,000 | 4,841,000 | 3,282,000 |
| Income tax | -32,000 | 289,000 | 982,000 | 259,000 |
| Net income | 507,000 | 1,696,000 | 3,859,000 | 3,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,260,000 | 103,481,000 | 105,659,000 | 102,240,000 |
| Total capital | 109,814,000 | 110,950,000 | 113,167,000 | 108,529,000 |
| Risk-weighted assets | 602,950,000 | 596,656,000 | 600,101,000 | 582,199,000 |