Call reports 2011
HERITAGE BANK MINNESOTA — 2011
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 45,886,000 | 47,413,000 | 47,513,000 | 47,414,000 |
| Total loans | 23,703,000 | 24,818,000 | 24,520,000 | 24,728,000 |
| Allowance for loan losses | 761,000 | 606,000 | 601,000 | 601,000 |
| Securities available for sale | 14,518,000 | 12,869,000 | 12,063,000 | 11,507,000 |
| Securities held to maturity | 3,376,000 | 3,580,000 | 4,576,000 | 4,485,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,586,000 | 42,896,000 | 42,885,000 | 42,658,000 |
| Interest-bearing deposits | 37,038,000 | 38,166,000 | 37,237,000 | 35,238,000 |
| Noninterest-bearing deposits | 4,548,000 | 4,730,000 | 5,648,000 | 7,420,000 |
| Equity capital | 3,761,000 | 3,984,000 | 4,103,000 | 4,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 527,000 | 1,052,000 | 1,576,000 | 2,104,000 |
| Interest expense | 110,000 | 209,000 | 296,000 | 365,000 |
| Net interest income | 417,000 | 843,000 | 1,280,000 | 1,739,000 |
| Noninterest income | 33,000 | 72,000 | 111,000 | 155,000 |
| Noninterest expense | 416,000 | 913,000 | 1,325,000 | 1,710,000 |
| Provision for loan losses | 0 | -150,000 | 5,000 | 5,000 |
| Pretax income | 34,000 | 152,000 | 129,000 | 265,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 34,000 | 152,000 | 129,000 | 265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,676,000 | 3,794,000 | 3,772,000 | 3,908,000 |
| Total capital | 3,966,000 | 4,098,000 | 4,077,000 | 4,225,000 |
| Risk-weighted assets | 22,734,000 | 24,051,000 | 24,096,000 | 25,105,000 |