Call reports 2016
HERITAGE BANK, THE — 2016
What HERITAGE BANK, THE 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 | 535,504,000 | 529,575,000 | 526,116,000 | 542,188,000 |
| Total loans | 263,194,000 | 248,385,000 | 252,213,000 | 253,023,000 |
| Allowance for loan losses | 7,297,000 | 4,577,000 | 4,509,000 | 4,131,000 |
| Securities available for sale | 92,180,000 | 90,942,000 | 140,521,000 | 158,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 507,001,000 | 486,126,000 | 482,352,000 | 495,437,000 |
| Interest-bearing deposits | 401,058,000 | 382,486,000 | 371,103,000 | 381,180,000 |
| Noninterest-bearing deposits | 105,943,000 | 103,640,000 | 111,249,000 | 114,257,000 |
| Equity capital | 27,011,000 | 42,197,000 | 42,350,000 | 45,573,000 |
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 | 4,152,000 | 8,004,000 | 11,831,000 | 15,939,000 |
| Interest expense | 421,000 | 825,000 | 1,206,000 | 1,577,000 |
| Net interest income | 3,731,000 | 7,179,000 | 10,625,000 | 14,362,000 |
| Noninterest income | 2,764,000 | 5,544,000 | 8,787,000 | 11,214,000 |
| Noninterest expense | 5,401,000 | 10,761,000 | 16,891,000 | 22,214,000 |
| Provision for loan losses | 600,000 | 6,700,000 | 6,950,000 | 6,950,000 |
| Pretax income | 491,000 | -4,585,000 | -4,276,000 | -3,435,000 |
| Income tax | 0 | 0 | 0 | -5,523,000 |
| Net income | 491,000 | -4,585,000 | -4,276,000 | 2,088,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,694,000 | 42,283,000 | 42,631,000 | 48,414,000 |
| Total capital | 31,931,000 | 46,246,000 | 46,710,000 | 52,545,000 |
| Risk-weighted assets | 335,925,000 | 316,430,000 | 325,891,000 | 335,629,000 |