Call reports 2016
HERITAGE BANK USA, INC. — 2016
What HERITAGE BANK USA, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 882,588,000 | 859,694,000 | 870,370,000 | 889,605,000 |
| Total loans | 562,229,000 | 568,922,000 | 587,425,000 | 611,492,000 |
| Allowance for loan losses | 6,163,000 | 6,524,000 | 6,812,000 | 6,112,000 |
| Securities available for sale | 237,828,000 | 232,618,000 | 213,319,000 | 209,519,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 725,707,000 | 700,792,000 | 713,428,000 | 733,648,000 |
| Interest-bearing deposits | 669,261,000 | 649,612,000 | 654,811,000 | 668,369,000 |
| Noninterest-bearing deposits | 56,446,000 | 51,180,000 | 58,617,000 | 65,279,000 |
| Equity capital | 96,013,000 | 97,194,000 | 97,426,000 | 95,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,159,000 | 15,929,000 | 24,011,000 | 32,027,000 |
| Interest expense | 1,311,000 | 2,484,000 | 3,701,000 | 4,912,000 |
| Net interest income | 6,848,000 | 13,445,000 | 20,310,000 | 27,115,000 |
| Noninterest income | 1,641,000 | 3,479,000 | 5,319,000 | 7,116,000 |
| Noninterest expense | 7,579,000 | 15,067,000 | 22,410,000 | 29,555,000 |
| Provision for loan losses | 458,000 | 923,000 | 1,177,000 | 1,242,000 |
| Pretax income | 744,000 | 1,277,000 | 2,464,000 | 4,046,000 |
| Income tax | 159,000 | 191,000 | 349,000 | 680,000 |
| Net income | 585,000 | 1,086,000 | 2,115,000 | 3,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,913,000 | 91,528,000 | 92,041,000 | 91,617,000 |
| Total capital | 98,076,000 | 98,052,000 | 98,853,000 | 97,729,000 |
| Risk-weighted assets | 561,911,000 | 576,338,000 | 589,832,000 | 609,402,000 |