Call reports 2014
HERITAGE BANK MINNESOTA — 2014
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 48,653,000 | 46,924,000 | 46,552,000 | 47,114,000 |
| Total loans | 25,750,000 | 27,867,000 | 28,679,000 | 31,107,000 |
| Allowance for loan losses | 517,000 | 520,000 | 366,000 | 342,000 |
| Securities available for sale | 10,773,000 | 8,320,000 | 7,911,000 | 6,567,000 |
| Securities held to maturity | 6,615,000 | 6,602,000 | 6,448,000 | 6,715,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,009,000 | 42,184,000 | 41,798,000 | 42,313,000 |
| Interest-bearing deposits | 37,033,000 | 35,822,000 | 34,985,000 | 35,005,000 |
| Noninterest-bearing deposits | 6,976,000 | 6,362,000 | 6,813,000 | 7,308,000 |
| Equity capital | 4,635,000 | 4,731,000 | 4,745,000 | 4,794,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 451,000 | 928,000 | 1,405,000 | 1,897,000 |
| Interest expense | 32,000 | 64,000 | 95,000 | 125,000 |
| Net interest income | 419,000 | 864,000 | 1,310,000 | 1,772,000 |
| Noninterest income | 42,000 | 81,000 | 135,000 | 177,000 |
| Noninterest expense | 399,000 | 786,000 | 1,208,000 | 1,646,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 62,000 | 211,000 | 289,000 | 354,000 |
| Income tax | 0 | 1,000 | 0 | 0 |
| Net income | 62,000 | 210,000 | 289,000 | 354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,609,000 | 4,721,000 | 4,744,000 | 4,809,000 |
| Total capital | 4,923,000 | 5,050,000 | 5,079,000 | 5,151,000 |
| Risk-weighted assets | 24,888,000 | 26,129,000 | 26,733,000 | 28,457,000 |