Call reports 2009
HERITAGE BANK MINNESOTA — 2009
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 48,295,000 | 46,289,000 | 46,542,000 | 48,553,000 |
| Total loans | 35,042,000 | 33,081,000 | 32,663,000 | 30,775,000 |
| Allowance for loan losses | 1,286,000 | 1,170,000 | 921,000 | 921,000 |
| Securities available for sale | 6,637,000 | 7,365,000 | 7,372,000 | 7,408,000 |
| Securities held to maturity | 2,939,000 | 2,938,000 | 2,915,000 | 3,134,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,773,000 | 40,284,000 | 40,557,000 | 42,632,000 |
| Interest-bearing deposits | 36,918,000 | 36,470,000 | 36,502,000 | 36,327,000 |
| Noninterest-bearing deposits | 3,855,000 | 3,814,000 | 4,055,000 | 6,305,000 |
| Equity capital | 4,433,000 | 4,428,000 | 4,414,000 | 4,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 721,000 | 1,444,000 | 2,126,000 | 2,779,000 |
| Interest expense | 269,000 | 518,000 | 739,000 | 936,000 |
| Net interest income | 452,000 | 926,000 | 1,387,000 | 1,843,000 |
| Noninterest income | 41,000 | 88,000 | 147,000 | 197,000 |
| Noninterest expense | 426,000 | 1,025,000 | 1,572,000 | 2,051,000 |
| Provision for loan losses | 50,000 | 0 | 0 | 130,000 |
| Pretax income | 65,000 | 65,000 | 38,000 | -65,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 0 |
| Net income | 64,000 | 64,000 | 37,000 | -65,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,123,000 | 4,136,000 | 4,120,000 | 4,032,000 |
| Total capital | 4,545,000 | 4,527,000 | 4,501,000 | 4,401,000 |
| Risk-weighted assets | 32,900,000 | 30,503,000 | 29,970,000 | 28,940,000 |