Call reports 2023
DAKOTA HERITAGE BANK — 2023
What DAKOTA HERITAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 333,340,000 | 325,226,000 | 339,678,000 | 359,816,000 |
| Total loans | 224,149,000 | 246,259,000 | 264,681,000 | 275,338,000 |
| Allowance for loan losses | 2,966,000 | 2,987,000 | 3,137,000 | 3,333,000 |
| Securities available for sale | 67,804,000 | 60,126,000 | 53,488,000 | 56,360,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 303,411,000 | 284,757,000 | 281,859,000 | 296,858,000 |
| Interest-bearing deposits | 235,777,000 | 225,960,000 | 226,589,000 | 233,069,000 |
| Noninterest-bearing deposits | 67,634,000 | 58,797,000 | 55,270,000 | 63,789,000 |
| Equity capital | 28,354,000 | 28,152,000 | 26,495,000 | 29,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,664,000 | 7,683,000 | 12,145,000 | 16,898,000 |
| Interest expense | 681,000 | 1,625,000 | 2,973,000 | 4,736,000 |
| Net interest income | 2,983,000 | 6,058,000 | 9,172,000 | 12,162,000 |
| Noninterest income | 273,000 | 423,000 | 559,000 | 967,000 |
| Noninterest expense | 1,800,000 | 3,652,000 | 5,461,000 | 7,411,000 |
| Provision for loan losses | 25,000 | 50,000 | 200,000 | 455,000 |
| Pretax income | 1,431,000 | 2,779,000 | 4,071,000 | 5,264,000 |
| Income tax | 0 | 15,000 | 25,000 | 35,000 |
| Net income | 1,431,000 | 2,764,000 | 4,046,000 | 5,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,822,000 | 32,336,000 | 32,800,000 | 33,015,000 |