Call reports 2013
HERITAGE BANK MINNESOTA — 2013
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 50,090,000 | 49,735,000 | 47,493,000 | 47,522,000 |
| Total loans | 23,960,000 | 24,180,000 | 24,641,000 | 24,997,000 |
| Allowance for loan losses | 587,000 | 587,000 | 587,000 | 516,000 |
| Securities available for sale | 13,144,000 | 12,976,000 | 12,128,000 | 11,163,000 |
| Securities held to maturity | 4,532,000 | 6,662,000 | 6,649,000 | 6,830,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,998,000 | 44,703,000 | 43,004,000 | 42,948,000 |
| Interest-bearing deposits | 38,145,000 | 38,379,000 | 36,252,000 | 35,250,000 |
| Noninterest-bearing deposits | 6,853,000 | 6,324,000 | 6,752,000 | 7,698,000 |
| Equity capital | 4,579,000 | 4,519,000 | 4,479,000 | 4,564,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 458,000 | 942,000 | 1,396,000 | 1,902,000 |
| Interest expense | 44,000 | 86,000 | 125,000 | 159,000 |
| Net interest income | 414,000 | 856,000 | 1,271,000 | 1,743,000 |
| Noninterest income | 40,000 | 82,000 | 116,000 | 162,000 |
| Noninterest expense | 364,000 | 777,000 | 1,190,000 | 1,598,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 161,000 | 197,000 | 307,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 90,000 | 161,000 | 197,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,330,000 | 4,401,000 | 4,438,000 | 4,547,000 |
| Total capital | 4,623,000 | 4,704,000 | 4,743,000 | 4,854,000 |
| Risk-weighted assets | 23,116,000 | 23,953,000 | 24,155,000 | 24,421,000 |