HERITAGE COMMERCE CORP HTBK Balance Sheet

Heritage commerce corp (HTBK)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and due from banks
36	49	48	36	38	30	40	46	30	31	37	36	31	27	39	30	25	24	28	36	27	23	23	32	30	20	32	33	19	16	23	21	20	20	23	20	7
Other investments and interest-bearing deposits in other financial institutions
406	407	367	239	196	134	340	177	271	284	308	229	256	238	304	128	117	319	364	94	124	99	130	17	54	92	9	51	57	357	8	24	48	52	52	67	64
Total cash and cash equivalents
443	457	415	276	234	164	381	223	301	316	346	266	287	266	344	158	143	344	392	131	151	122	154	49	84	112	41	85	76	373	31	46	68	72	75	88	72
Securities available-for-sale, at fair value
373	404	333	383	452	459	319	335	344	391	390	369	341	306	369	390	448	385	257	209	200	206	191	261	262	280	280	293	346	367	410	389	385	380	312	302	232
Securities held-to-maturity, at amortized cost, net of allowance for credit losses of $55 at March 31, 2020 (fair value of $356,153 at March 31, 2020 and $368,107 at December 31, 2019)
348	366	342	351	367	377	375	388	395	398	379	368	341	324	202	210	185	109	111	100	94	95	94	95	95	95	89	81	68	51	25	-	-	-	-	-	-
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs
2	1	3	5	3	2	6	5	2	3	4	3	3	5	6	4	2	7	7	3	1	1	0	2	2	3	-	-	-	3	-	0	0	0	0	0	2
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	6	4	-	1	2	4	0	3	3	8
Loans, net of deferred fees
2,553	2,533	1,875	1,877	1,848	1,886	1,899	1,956	1,591	1,582	1,565	1,566	1,513	1,502	1,450	1,464	1,395	1,358	1,332	1,133	1,101	1,088	1,029	990	941	914	893	841	801	812	799	798	756	764	776	782	846
Allowance for credit losses on loans(1)
44	23	25	26	27	27	27	26	20	19	19	19	19	19	20	19	19	18	18	18	18	18	18	18	18	19	19	19	19	19	19	20	20	20	21	23	25
Loans, net
2,509	2,510	1,849	1,851	1,821	1,858	1,871	1,929	1,571	1,563	1,546	1,546	1,494	1,483	1,430	1,444	1,375	1,339	1,313	1,114	1,083	1,070	1,011	971	922	895	873	822	782	793	780	778	736	743	755	758	820
Federal Home Loan Bank, Federal Reserve Bank stock and other investments, at cost
33	29	25	25	25	25	25	22	17	17	17	17	15	15	15	15	12	12	10	10	10	10	10	10	10	10	10	10	10	10	10	10	9	9	9	9	9
Company-owned life insurance
76	76	62	62	62	61	61	61	61	60	60	59	59	59	59	58	60	60	59	52	51	51	50	50	50	50	49	49	48	48	47	47	47	46	45	44	43
Premises and equipment, net
9	8	6	6	6	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	8	8	8
Goodwill
167	167	83	83	83	83	83	84	45	45	45	45	45	45	45	45	45	45	44	13	13	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other intangible assets
19	20	10	10	11	12	12	12	5	5	5	6	6	6	7	7	8	8	8	2	3	3	1	1	1	1	1	1	1	2	2	2	2	2	2	2	3
Accrued interest receivable and other assets
95	67	49	51	47	44	48	50	32	33	39	41	38	50	39	34	37	41	47	35	35	35	36	30	32	34	38	39	35	35	37	39	42	41	39	42	45
Total assets
4,078	4,109	3,182	3,108	3,115	3,096	3,192	3,123	2,785	2,843	2,843	2,732	2,641	2,570	2,527	2,378	2,327	2,361	2,262	1,680	1,652	1,617	1,558	1,480	1,470	1,491	1,400	1,399	1,383	1,693	1,356	1,324	1,305	1,306	1,252	1,262	1,246
Liabilities and Shareholders' Equity
Liabilities:
Demand, noninterest-bearing
1,444	1,450	1,094	994	1,016	1,021	1,081	1,002	975	989	943	948	917	917	889	834	768	821	758	574	544	517	488	456	440	431	409	407	397	727	405	367	356	344	344	333	280
Demand, interest-bearing
810	798	666	682	704	702	670	683	621	601	605	573	575	541	536	499	506	496	440	235	241	225	223	193	198	195	178	171	169	155	159	148	144	134	132	128	153
Savings and money market
949	982	761	788	759	754	828	827	688	684	713	634	606	572	555	480	493	496	490	380	380	384	369	354	352	347	312	295	286	272	281	290	292	282	274	276	272
Time deposits - under $250
51	54	53	53	56	58	68	72	49	51	53	54	56	57	57	60	61	62	65	55	19	55	20	20	20	21	22	23	23	25	26	28	27	28	30	30	33
Time deposits - $250 and over
96	99	95	88	90	86	84	81	71	138	147	147	164	163	169	182	179	160	174	160	199	164	197	195	195	195	195	197	189	190	170	164	168	168	119	114	137
Time deposits-brokered
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	6	11	17	24	26	28	28	28	33	40	55	62	76	83	97	89	97	84	84	93	94	98
CDARS - interest-bearing demand, money market and time deposits
15	28	17	15	12	14	11	17	15	16	16	16	9	9	7	9	8	7	8	14	10	11	14	14	13	40	14	17	15	10	5	5	6	6	10	20	17
Total deposits
3,366	3,414	2,688	2,622	2,640	2,637	2,745	2,683	2,422	2,482	2,480	2,374	2,330	2,262	2,218	2,073	2,028	2,062	1,962	1,447	1,423	1,388	1,341	1,267	1,261	1,286	1,195	1,189	1,166	1,479	1,138	1,102	1,080	1,049	1,006	998	993
Securities sold under agreement to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5
Subordinated debt, net of issuance costs
39	39	39	39	39	39	39	39	39	39	39	39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	9	9	9	23	23	23	23	23	23
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2
Other short-term borrowings
-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities purchased pending settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19	-
Accrued interest payable and other liabilities
100	78	58	57	57	52	54	54	53	50	48	49	47	48	48	46	46	50	51	46	42	44	33	31	31	32	34	33	36	34	39	33	41	35	25	32	39
Total liabilities
3,506	3,532	2,787	2,719	2,737	2,729	2,839	2,776	2,514	2,572	2,568	2,463	2,377	2,311	2,266	2,120	2,075	2,116	2,014	1,493	1,466	1,432	1,375	1,299	1,293	1,318	1,230	1,231	1,212	1,523	1,187	1,160	1,145	1,108	1,055	1,074	1,064
Commitments and contingencies (Notes 7 and 15)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0
Shareholders' equity:
Preferred stock, no par value; 10,000,000 shares authorized; none issued and outstanding at March 31, 2020 and December 31, 2019
-	-	-	-	-	-	0	0	0	-	0	-	-	0	-	19	19	19	-	-	-	19	-	-	-	-	19	-	-	-	-	-	-	-	-	-	-
Common stock, no par value; 100,000,000 shares authorized at March 31, 2020 and authorized at December 31, 2019; 59,568,219 shares issued and outstanding at March 31, 2020 and 59,368,156 shares issued and outstanding at December 31, 2019
491	489	302	302	301	300	300	299	219	218	217	216	216	215	214	194	194	193	193	134	133	133	133	132	132	132	132	132	131	131	131	131	131	131	131	130	130
Retained earnings
84	96	98	92	85	79	70	62	66	62	63	58	55	52	48	45	41	38	37	36	34	33	31	29	27	25	22	20	17	15	13	10	7	7	4	0	-1
Accumulated other comprehensive loss
-4	-9	-5	-6	-8	-12	-17	-15	-14	-9	-6	-6	-7	-7	-2	-2	-3	-6	-1	-3	-1	-1	-0	-0	-2	-4	-4	-4	1	2	4	3	1	0	2	-2	-4
Total shareholders' equity
571	576	395	388	378	367	353	346	270	271	275	269	263	259	261	257	251	245	247	187	186	184	182	181	176	173	170	167	170	169	169	164	159	197	197	187	182
Total liabilities and shareholders' equity
4,078	4,109	3,182	3,108	3,115	3,096	3,192	3,123	2,785	2,843	2,843	2,732	2,641	2,570	2,527	2,378	2,327	2,361	2,262	1,680	1,652	1,617	1,558	1,480	1,470	1,491	1,400	1,399	1,383	1,693	1,356	1,324	1,305	1,306	1,252	1,262	1,246