Call reports 2007
HERITAGE BANK MINNESOTA — 2007
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 52,123,000 | 52,050,000 | 51,029,000 | 51,150,000 |
| Total loans | 38,000,000 | 35,385,000 | 35,401,000 | 34,562,000 |
| Allowance for loan losses | 563,000 | 542,000 | 515,000 | 507,000 |
| Securities available for sale | 3,995,000 | 3,998,000 | 8,992,000 | 10,043,000 |
| Securities held to maturity | 2,781,000 | 2,781,000 | 2,663,000 | 2,628,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,855,000 | 41,690,000 | 40,538,000 | 40,529,000 |
| Interest-bearing deposits | 38,530,000 | 37,675,000 | 37,214,000 | 36,444,000 |
| Noninterest-bearing deposits | 3,325,000 | 4,014,000 | 3,324,000 | 4,085,000 |
| Equity capital | 5,131,000 | 5,219,000 | 5,340,000 | 5,496,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 920,000 | 1,842,000 | 2,739,000 | 3,623,000 |
| Interest expense | 372,000 | 759,000 | 1,156,000 | 1,547,000 |
| Net interest income | 548,000 | 1,083,000 | 1,583,000 | 2,076,000 |
| Noninterest income | 76,000 | 142,000 | 198,000 | 261,000 |
| Noninterest expense | 393,000 | 895,000 | 1,337,000 | 1,769,000 |
| Provision for loan losses | 22,000 | 32,000 | 3,000 | 12,000 |
| Pretax income | 209,000 | 298,000 | 441,000 | 556,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 209,000 | 298,000 | 440,000 | 555,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,794,000 | 4,894,000 | 5,005,000 | 5,133,000 |
| Total capital | 5,248,000 | 5,324,000 | 5,436,000 | 5,552,000 |
| Risk-weighted assets | 36,178,000 | 34,212,000 | 34,423,000 | 33,392,000 |