Call reports 2005
HERITAGE BANK MINNESOTA — 2005
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 48,400,000 | 47,465,000 | 46,972,000 | 48,551,000 |
| Total loans | 34,280,000 | 34,408,000 | 35,706,000 | 35,507,000 |
| Allowance for loan losses | 807,000 | 810,000 | 789,000 | 684,000 |
| Securities available for sale | 5,445,000 | 6,462,000 | 4,474,000 | 4,464,000 |
| Securities held to maturity | 3,051,000 | 3,041,000 | 3,040,000 | 2,954,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,906,000 | 40,969,000 | 39,326,000 | 40,678,000 |
| Interest-bearing deposits | 37,364,000 | 37,127,000 | 35,482,000 | 36,412,000 |
| Noninterest-bearing deposits | 3,542,000 | 3,842,000 | 3,844,000 | 4,266,000 |
| Equity capital | 4,418,000 | 4,424,000 | 4,576,000 | 4,783,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 743,000 | 1,511,000 | 2,290,000 | 3,092,000 |
| Interest expense | 220,000 | 445,000 | 672,000 | 922,000 |
| Net interest income | 523,000 | 1,066,000 | 1,618,000 | 2,170,000 |
| Noninterest income | 75,000 | 137,000 | 210,000 | 270,000 |
| Noninterest expense | 369,000 | 797,000 | 1,185,000 | 1,635,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | -70,000 |
| Pretax income | 214,000 | 376,000 | 610,000 | 872,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 214,000 | 375,000 | 609,000 | 871,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,002,000 | 4,015,000 | 4,182,000 | 4,403,000 |
| Total capital | 4,405,000 | 4,417,000 | 4,593,000 | 4,822,000 |
| Risk-weighted assets | 31,830,000 | 31,742,000 | 32,521,000 | 33,228,000 |