Call reports 2010
HERITAGE BANK MINNESOTA — 2010
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 45,179,000 | 45,099,000 | 45,224,000 | 46,293,000 |
| Total loans | 28,335,000 | 27,417,000 | 25,946,000 | 25,195,000 |
| Allowance for loan losses | 1,024,000 | 905,000 | 902,000 | 824,000 |
| Securities available for sale | 7,898,000 | 10,946,000 | 12,688,000 | 14,021,000 |
| Securities held to maturity | 2,999,000 | 2,998,000 | 3,178,000 | 3,792,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,646,000 | 39,668,000 | 39,850,000 | 42,048,000 |
| Interest-bearing deposits | 35,710,000 | 35,303,000 | 35,928,000 | 37,296,000 |
| Noninterest-bearing deposits | 3,936,000 | 4,365,000 | 3,922,000 | 4,752,000 |
| Equity capital | 3,976,000 | 3,878,000 | 3,826,000 | 3,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 611,000 | 1,188,000 | 1,758,000 | 2,324,000 |
| Interest expense | 174,000 | 339,000 | 496,000 | 639,000 |
| Net interest income | 437,000 | 849,000 | 1,262,000 | 1,685,000 |
| Noninterest income | 45,000 | 82,000 | 125,000 | 176,000 |
| Noninterest expense | 433,000 | 880,000 | 1,349,000 | 1,905,000 |
| Provision for loan losses | 225,000 | 345,000 | 345,000 | 345,000 |
| Pretax income | -176,000 | -294,000 | -307,000 | -389,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -176,000 | -295,000 | -308,000 | -390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,855,000 | 3,737,000 | 3,724,000 | 3,642,000 |
| Total capital | 4,200,000 | 4,071,000 | 4,049,000 | 3,958,000 |
| Risk-weighted assets | 26,944,000 | 26,149,000 | 25,404,000 | 24,735,000 |