Call reports 2011
DAKOTA HERITAGE BANK — 2011
What DAKOTA HERITAGE 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 | 122,288,000 | 119,280,000 | 119,784,000 | 126,087,000 |
| Total loans | 73,288,000 | 80,359,000 | 84,539,000 | 82,956,000 |
| Allowance for loan losses | 970,000 | 1,009,000 | 1,056,000 | 1,064,000 |
| Securities available for sale | 18,847,000 | 20,973,000 | 22,156,000 | 23,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,257,000 | 106,933,000 | 106,946,000 | 113,258,000 |
| Interest-bearing deposits | 89,343,000 | 87,882,000 | 86,916,000 | 89,782,000 |
| Noninterest-bearing deposits | 20,914,000 | 19,051,000 | 20,030,000 | 23,476,000 |
| Equity capital | 11,377,000 | 11,642,000 | 12,091,000 | 12,221,000 |
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 | 1,303,000 | 2,658,000 | 4,091,000 | 5,476,000 |
| Interest expense | 259,000 | 496,000 | 717,000 | 922,000 |
| Net interest income | 1,044,000 | 2,162,000 | 3,374,000 | 4,554,000 |
| Noninterest income | 86,000 | 168,000 | 267,000 | 519,000 |
| Noninterest expense | 710,000 | 1,449,000 | 2,143,000 | 2,968,000 |
| Provision for loan losses | 0 | 45,000 | 90,000 | 105,000 |
| Pretax income | 420,000 | 836,000 | 1,408,000 | 2,000,000 |
| Income tax | 23,000 | 43,000 | 74,000 | 137,000 |
| Net income | 397,000 | 793,000 | 1,334,000 | 1,863,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,859,000 | 9,863,000 | 10,112,000 | 10,248,000 |
| Total capital | 10,829,000 | 10,872,000 | 11,168,000 | 11,312,000 |
| Risk-weighted assets | 83,668,000 | 87,121,000 | 89,752,000 | 90,125,000 |