Call reports 2024
DAKOTA HERITAGE BANK — 2024
What DAKOTA HERITAGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 352,439,000 | 359,692,000 | 384,968,000 | 383,264,000 |
| Total loans | 274,012,000 | 287,252,000 | 305,661,000 | 307,501,000 |
| Allowance for loan losses | 3,530,000 | 3,534,000 | 3,643,000 | 3,882,000 |
| Securities available for sale | 53,811,000 | 52,052,000 | 54,162,000 | 51,661,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,628,000 | 315,108,000 | 321,508,000 | 336,934,000 |
| Interest-bearing deposits | 256,906,000 | 259,038,000 | 268,458,000 | 275,224,000 |
| Noninterest-bearing deposits | 62,722,000 | 56,070,000 | 53,050,000 | 61,710,000 |
| Equity capital | 30,243,000 | 30,358,000 | 31,974,000 | 31,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,970,000 | 10,132,000 | 15,688,000 | 21,358,000 |
| Interest expense | 1,776,000 | 3,658,000 | 5,923,000 | 8,279,000 |
| Net interest income | 3,194,000 | 6,474,000 | 9,765,000 | 13,079,000 |
| Noninterest income | 142,000 | 291,000 | 455,000 | 960,000 |
| Noninterest expense | 1,816,000 | 3,694,000 | 5,634,000 | 7,949,000 |
| Provision for loan losses | 213,000 | 243,000 | 364,000 | 619,000 |
| Pretax income | 1,307,000 | 2,828,000 | 4,223,000 | 5,472,000 |
| Income tax | 40,000 | 79,000 | 98,000 | 119,000 |
| Net income | 1,267,000 | 2,749,000 | 4,125,000 | 5,353,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,814,000 | 34,428,000 | 34,785,000 | 35,395,000 |