Call reports 2013
HERITAGE BANK, THE — 2013
What HERITAGE BANK, THE 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 | 696,887,000 | 639,004,000 | 594,329,000 | 592,691,000 |
| Total loans | 410,218,000 | 386,670,000 | 369,790,000 | 348,407,000 |
| Allowance for loan losses | 16,634,000 | 15,729,000 | 13,595,000 | 12,746,000 |
| Securities available for sale | 95,609,000 | 96,976,000 | 93,368,000 | 91,953,000 |
| Securities held to maturity | 230,000 | 230,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 654,553,000 | 615,432,000 | 572,914,000 | 573,227,000 |
| Interest-bearing deposits | 551,244,000 | 516,434,000 | 478,467,000 | 480,483,000 |
| Noninterest-bearing deposits | 103,309,000 | 98,998,000 | 94,447,000 | 92,744,000 |
| Equity capital | 22,649,000 | 20,578,000 | 18,422,000 | 16,923,000 |
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 | 6,001,000 | 11,870,000 | 17,184,000 | 22,657,000 |
| Interest expense | 1,546,000 | 2,880,000 | 3,906,000 | 4,853,000 |
| Net interest income | 4,455,000 | 8,990,000 | 13,278,000 | 17,804,000 |
| Noninterest income | 3,787,000 | 6,904,000 | 10,395,000 | 12,930,000 |
| Noninterest expense | 6,928,000 | 13,914,000 | 20,683,000 | 26,612,000 |
| Provision for loan losses | 500,000 | 500,000 | 500,000 | 500,000 |
| Pretax income | 814,000 | 1,599,000 | 2,609,000 | 3,741,000 |
| Income tax | 0 | 0 | 0 | 61,000 |
| Net income | 814,000 | 1,599,000 | 2,609,000 | 3,680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,217,000 | 22,156,000 | 23,320,000 | 24,546,000 |
| Total capital | 26,896,000 | 27,667,000 | 28,576,000 | 29,532,000 |
| Risk-weighted assets | 443,326,000 | 430,688,000 | 412,117,000 | 391,125,000 |