Call reports 2011
DAKOTA HERITAGE STATE BANK — 2011
What DAKOTA HERITAGE STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 37,137,000 | 37,531,000 | 37,562,000 | 39,531,000 |
| Total loans | 26,383,000 | 27,526,000 | 26,933,000 | 29,045,000 |
| Allowance for loan losses | 376,000 | 380,000 | 386,000 | 0 |
| Securities available for sale | 5,421,000 | 7,085,000 | 6,517,000 | 5,840,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,291,000 | 32,089,000 | 32,450,000 | 33,895,000 |
| Interest-bearing deposits | 22,667,000 | 22,855,000 | 23,537,000 | 23,377,000 |
| Noninterest-bearing deposits | 9,624,000 | 9,234,000 | 8,913,000 | 10,519,000 |
| Equity capital | 4,271,000 | 4,367,000 | 4,544,000 | 5,073,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 442,000 | 905,000 | 1,348,000 | 106,000 |
| Interest expense | 128,000 | 252,000 | 373,000 | 21,000 |
| Net interest income | 314,000 | 653,000 | 975,000 | 85,000 |
| Noninterest income | 38,000 | 75,000 | 146,000 | 1,158,000 |
| Noninterest expense | 268,000 | 524,000 | 771,000 | 116,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 0 |
| Pretax income | 84,000 | 204,000 | 345,000 | 1,127,000 |
| Income tax | 3,000 | 8,000 | 11,000 | 11,000 |
| Net income | 81,000 | 196,000 | 334,000 | 1,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,277,000 | 4,287,000 | 4,425,000 | 4,105,000 |
| Total capital | 4,635,000 | 4,659,000 | 4,786,000 | 4,105,000 |
| Risk-weighted assets | 28,646,000 | 29,788,000 | 28,881,000 | 30,980,000 |