Call reports 2008
DAKOTA HERITAGE BANK — 2008
What DAKOTA HERITAGE 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 | 65,247,000 | 62,538,000 | 66,240,000 | 70,581,000 |
| Total loans | 37,920,000 | 45,897,000 | 50,782,000 | 46,546,000 |
| Allowance for loan losses | 500,000 | 515,000 | 514,000 | 528,000 |
| Securities available for sale | 10,551,000 | 10,735,000 | 10,012,000 | 10,779,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,757,000 | 56,815,000 | 56,607,000 | 64,771,000 |
| Interest-bearing deposits | 48,539,000 | 47,738,000 | 46,985,000 | 50,653,000 |
| Noninterest-bearing deposits | 11,218,000 | 9,077,000 | 9,622,000 | 14,118,000 |
| Equity capital | 5,103,000 | 5,330,000 | 5,375,000 | 5,523,000 |
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 | 896,000 | 1,811,000 | 2,794,000 | 3,732,000 |
| Interest expense | 404,000 | 764,000 | 1,095,000 | 1,407,000 |
| Net interest income | 492,000 | 1,047,000 | 1,699,000 | 2,325,000 |
| Noninterest income | 56,000 | 111,000 | 169,000 | 231,000 |
| Noninterest expense | 376,000 | 803,000 | 1,200,000 | 1,656,000 |
| Provision for loan losses | 5,000 | 0 | 0 | 0 |
| Pretax income | 167,000 | 355,000 | 668,000 | 900,000 |
| Income tax | 60,000 | 90,000 | 180,000 | 272,000 |
| Net income | 107,000 | 265,000 | 488,000 | 628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,955,000 | 5,117,000 | 5,345,000 | 5,390,000 |
| Total capital | 5,455,000 | 5,632,000 | 5,859,000 | 5,918,000 |
| Risk-weighted assets | 42,168,000 | 48,571,000 | 50,776,000 | 49,218,000 |