Call reports 2006
HERITAGE BANK MINNESOTA — 2006
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 46,502,000 | 50,157,000 | 50,458,000 | 51,867,000 |
| Total loans | 36,490,000 | 38,430,000 | 41,235,000 | 40,934,000 |
| Allowance for loan losses | 646,000 | 627,000 | 563,000 | 562,000 |
| Securities available for sale | 4,437,000 | 4,449,000 | 3,470,000 | 3,496,000 |
| Securities held to maturity | 2,824,000 | 3,073,000 | 3,013,000 | 2,886,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,621,000 | 41,235,000 | 39,920,000 | 41,615,000 |
| Interest-bearing deposits | 36,483,000 | 37,575,000 | 36,758,000 | 37,488,000 |
| Noninterest-bearing deposits | 3,138,000 | 3,661,000 | 3,163,000 | 4,127,000 |
| Equity capital | 4,791,000 | 4,817,000 | 4,917,000 | 5,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 776,000 | 1,615,000 | 2,502,000 | 3,428,000 |
| Interest expense | 255,000 | 552,000 | 886,000 | 1,242,000 |
| Net interest income | 521,000 | 1,063,000 | 1,616,000 | 2,186,000 |
| Noninterest income | 71,000 | 133,000 | 197,000 | 265,000 |
| Noninterest expense | 396,000 | 829,000 | 1,265,000 | 1,715,000 |
| Provision for loan losses | 15,000 | 15,000 | 20,000 | 20,000 |
| Pretax income | 181,000 | 352,000 | 525,000 | 711,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 181,000 | 351,000 | 524,000 | 710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,438,000 | 4,473,000 | 4,576,000 | 4,774,000 |
| Total capital | 4,859,000 | 4,922,000 | 5,062,000 | 5,263,000 |
| Risk-weighted assets | 33,427,000 | 35,734,000 | 38,776,000 | 39,010,000 |