Heritage Commerce (HTBK) Income Statement

Click line-items for a historical chart and %

Interest income:
Loans, including fees	20.31M
Securities	2.4M
Interest-bearing deposits in other financial institutions	592K
Total interest income	23.87M
Interest expense:
Deposits	826K
Subordinated debt
Repurchase agreements
Short-term borrowings
Total interest expense	826K
Net interest income before provision for loan losses	23.05M
Provision for loan losses	245K
Net interest income (loss) after provision for loan losses	22.8M
Noninterest income:
Service charges and fees on deposit accounts	798K
Gain on sales of SBA loans
Servicing income	364K
Increase in cash surrender value of life insurance	428K
Other	653K
Total noninterest income	2.31M
Noninterest expense:
Salaries and employee benefits	8.36M
Occupancy and equipment	1.12M
Professional fees	1.09M
FDIC deposit insurance premiums
Software subscriptions
Insurance expense
Data processing
Low income housing investment losses
Other real estate owned expense
Impairment of goodwill
Other
Total noninterest expense	14.3M
Income (loss) before income taxes	10.82M
Income tax expense (benefit)	4.05M
Net income (loss)
Dividends and discount accretion on preferred stock
Net income (loss) allocable to common shareholders	6.26M
Earnings (loss) per common share:
Basic (in dollars per share)	0.18
Diluted (in dollars per share)	0.18

Entities mentioned with HTBK