Call reports 2001
HERITAGE BANK MINNESOTA — 2001
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 35,175,000 | 37,010,000 | 39,192,000 | 41,698,000 |
| Total loans | 26,050,000 | 27,433,000 | 28,714,000 | 29,888,000 |
| Allowance for loan losses | 317,000 | 328,000 | 333,000 | 341,000 |
| Securities available for sale | 3,597,000 | 3,516,000 | 5,541,000 | 6,012,000 |
| Securities held to maturity | 1,010,000 | 1,582,000 | 1,682,000 | 1,881,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,122,000 | 33,932,000 | 36,007,000 | 37,430,000 |
| Interest-bearing deposits | 29,723,000 | 31,279,000 | 32,898,000 | 33,781,000 |
| Noninterest-bearing deposits | 2,399,000 | 2,653,000 | 3,109,000 | 3,649,000 |
| Equity capital | 2,891,000 | 2,917,000 | 3,013,000 | 3,114,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 698,000 | 1,441,000 | 2,205,000 | 2,985,000 |
| Interest expense | 376,000 | 768,000 | 1,182,000 | 1,582,000 |
| Net interest income | 322,000 | 673,000 | 1,023,000 | 1,403,000 |
| Noninterest income | 74,000 | 107,000 | 160,000 | 211,000 |
| Noninterest expense | 263,000 | 527,000 | 804,000 | 1,076,000 |
| Provision for loan losses | 47,000 | 59,000 | 71,000 | 102,000 |
| Pretax income | 86,000 | 194,000 | 308,000 | 436,000 |
| Income tax | 1,000 | 14,000 | 15,000 | 0 |
| Net income | 85,000 | 180,000 | 293,000 | 436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,222,000 | 2,243,000 | 2,344,000 | 2,485,000 |
| Total capital | 2,511,000 | 2,552,000 | 2,675,000 | 2,820,000 |
| Risk-weighted assets | 23,105,000 | 24,928,000 | 26,472,000 | 26,761,000 |