Call reports 2018
HERITAGE BANK USA, INC. — 2018
What HERITAGE BANK USA, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 910,753,000 | 910,138,000 | 903,069,000 | 929,451,000 |
| Total loans | 667,885,000 | 678,018,000 | 670,247,000 | 664,566,000 |
| Allowance for loan losses | 4,654,000 | 4,637,000 | 4,553,000 | 4,536,000 |
| Securities available for sale | 180,253,000 | 169,022,000 | 159,322,000 | 170,837,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 747,587,000 | 734,444,000 | 728,347,000 | 741,116,000 |
| Interest-bearing deposits | 662,319,000 | 649,497,000 | 637,803,000 | 653,890,000 |
| Noninterest-bearing deposits | 85,268,000 | 84,947,000 | 90,544,000 | 87,226,000 |
| Equity capital | 94,133,000 | 95,158,000 | 95,963,000 | 99,745,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 8,858,000 | 18,034,000 | 27,448,000 | 36,976,000 |
| Interest expense | 1,491,000 | 3,186,000 | 5,278,000 | 7,635,000 |
| Net interest income | 7,367,000 | 14,848,000 | 22,170,000 | 29,341,000 |
| Noninterest income | 1,670,000 | 3,483,000 | 5,296,000 | 7,017,000 |
| Noninterest expense | 7,285,000 | 14,534,000 | 21,747,000 | 28,386,000 |
| Provision for loan losses | 68,000 | 130,000 | 204,000 | 288,000 |
| Pretax income | 1,711,000 | 4,175,000 | 6,028,000 | 8,237,000 |
| Income tax | 287,000 | 716,000 | 997,000 | 1,358,000 |
| Net income | 1,424,000 | 3,459,000 | 5,031,000 | 6,879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,775,000 | 95,616,000 | 97,109,000 | 99,478,000 |
| Total capital | 98,429,000 | 100,253,000 | 101,662,000 | 104,014,000 |
| Risk-weighted assets | 649,331,000 | 655,015,000 | 645,485,000 | 649,217,000 |