Call reports 2017
HERITAGE BANK USA, INC. — 2017
What HERITAGE BANK USA, INC. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 921,785,000 | 908,520,000 | 901,637,000 | 915,652,000 |
| Total loans | 622,737,000 | 640,807,000 | 631,952,000 | 643,467,000 |
| Allowance for loan losses | 6,164,000 | 7,180,000 | 4,799,000 | 4,826,000 |
| Securities available for sale | 207,616,000 | 205,398,000 | 192,327,000 | 184,832,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 766,610,000 | 746,929,000 | 732,417,000 | 754,817,000 |
| Interest-bearing deposits | 695,133,000 | 668,772,000 | 652,398,000 | 666,783,000 |
| Noninterest-bearing deposits | 71,477,000 | 78,157,000 | 80,019,000 | 88,034,000 |
| Equity capital | 96,455,000 | 95,649,000 | 97,004,000 | 96,826,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 8,230,000 | 16,716,000 | 25,404,000 | 34,009,000 |
| Interest expense | 1,302,000 | 2,649,000 | 4,072,000 | 5,525,000 |
| Net interest income | 6,928,000 | 14,067,000 | 21,332,000 | 28,484,000 |
| Noninterest income | 2,226,000 | 3,955,000 | 5,805,000 | 7,762,000 |
| Noninterest expense | 7,589,000 | 14,532,000 | 21,512,000 | 28,515,000 |
| Provision for loan losses | 291,000 | 350,000 | 421,000 | 477,000 |
| Pretax income | 1,276,000 | 3,156,000 | 5,383,000 | 7,423,000 |
| Income tax | 240,000 | 741,000 | 1,362,000 | 2,693,000 |
| Net income | 1,036,000 | 2,415,000 | 4,021,000 | 4,730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,585,000 | 91,851,000 | 94,196,000 | 95,123,000 |
| Total capital | 99,749,000 | 99,031,000 | 98,995,000 | 99,949,000 |
| Risk-weighted assets | 623,390,000 | 629,540,000 | 618,654,000 | 628,829,000 |