Call reports 2003
DAKOTA HERITAGE STATE BANK — 2003
What DAKOTA HERITAGE STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 29,907,000 | 29,699,000 | 29,449,000 | 29,879,000 |
| Total loans | 17,095,000 | 19,104,000 | 19,736,000 | 19,377,000 |
| Allowance for loan losses | 344,000 | 343,000 | 330,000 | 331,000 |
| Securities available for sale | 8,394,000 | 5,631,000 | 6,106,000 | 6,123,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,541,000 | 25,309,000 | 25,101,000 | 25,601,000 |
| Interest-bearing deposits | 23,086,000 | 22,841,000 | 22,426,000 | 22,546,000 |
| Noninterest-bearing deposits | 2,455,000 | 2,468,000 | 2,675,000 | 3,055,000 |
| Equity capital | 3,321,000 | 3,361,000 | 3,339,000 | 3,289,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 417,000 | 840,000 | 1,252,000 | 1,622,000 |
| Interest expense | 200,000 | 385,000 | 555,000 | 718,000 |
| Net interest income | 217,000 | 455,000 | 697,000 | 904,000 |
| Noninterest income | 24,000 | 26,000 | 57,000 | 123,000 |
| Noninterest expense | 200,000 | 397,000 | 604,000 | 823,000 |
| Provision for loan losses | 0 | 0 | 0 | 45,000 |
| Pretax income | 41,000 | 84,000 | 151,000 | 160,000 |
| Income tax | 2,000 | 4,000 | 7,000 | 8,000 |
| Net income | 39,000 | 80,000 | 144,000 | 152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,295,000 | 3,336,000 | 3,401,000 | 3,333,000 |
| Total capital | 3,536,000 | 3,594,000 | 3,667,000 | 3,598,000 |
| Risk-weighted assets | 19,190,000 | 20,577,000 | 21,221,000 | 21,102,000 |