Call reports 2008
DAKOTA HERITAGE STATE BANK — 2008
What DAKOTA HERITAGE STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 39,343,000 | 37,771,000 | 37,382,000 | 36,821,000 |
| Total loans | 26,582,000 | 28,651,000 | 29,150,000 | 28,952,000 |
| Allowance for loan losses | 342,000 | 339,000 | 338,000 | 338,000 |
| Securities available for sale | 1,001,000 | 4,207,000 | 4,238,000 | 4,362,000 |
| Securities held to maturity | 0 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,528,000 | 31,017,000 | 30,486,000 | 30,245,000 |
| Interest-bearing deposits | 27,873,000 | 26,944,000 | 26,237,000 | 25,726,000 |
| Noninterest-bearing deposits | 4,655,000 | 4,072,000 | 4,249,000 | 4,519,000 |
| Equity capital | 3,795,000 | 3,756,000 | 3,803,000 | 4,019,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 593,000 | 1,143,000 | 1,732,000 | 2,272,000 |
| Interest expense | 316,000 | 607,000 | 889,000 | 1,144,000 |
| Net interest income | 277,000 | 536,000 | 843,000 | 1,128,000 |
| Noninterest income | 41,000 | 92,000 | 142,000 | 233,000 |
| Noninterest expense | 261,000 | 501,000 | 763,000 | 1,041,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 57,000 | 127,000 | 222,000 | 320,000 |
| Income tax | 2,000 | 5,000 | 8,000 | 13,000 |
| Net income | 55,000 | 122,000 | 214,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,795,000 | 3,814,000 | 3,829,000 | 3,922,000 |
| Total capital | 4,137,000 | 4,153,000 | 4,167,000 | 4,260,000 |
| Risk-weighted assets | 28,912,000 | 30,019,000 | 29,771,000 | 29,990,000 |