Call reports 2015
HERITAGE BANK MINNESOTA — 2015
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 48,091,000 | 46,410,000 | 47,884,000 | 47,871,000 |
| Total loans | 30,898,000 | 31,967,000 | 32,997,000 | 33,442,000 |
| Allowance for loan losses | 361,000 | 385,000 | 400,000 | 401,000 |
| Securities available for sale | 7,229,000 | 5,816,000 | 5,520,000 | 4,752,000 |
| Securities held to maturity | 6,466,000 | 6,453,000 | 6,439,000 | 6,426,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,220,000 | 41,473,000 | 42,924,000 | 42,849,000 |
| Interest-bearing deposits | 36,490,000 | 35,312,000 | 35,609,000 | 34,794,000 |
| Noninterest-bearing deposits | 6,730,000 | 6,161,000 | 7,315,000 | 8,055,000 |
| Equity capital | 4,863,000 | 4,931,000 | 4,952,000 | 5,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 471,000 | 964,000 | 1,459,000 | 1,981,000 |
| Interest expense | 29,000 | 57,000 | 85,000 | 113,000 |
| Net interest income | 442,000 | 907,000 | 1,374,000 | 1,868,000 |
| Noninterest income | 29,000 | 66,000 | 97,000 | 133,000 |
| Noninterest expense | 397,000 | 780,000 | 1,200,000 | 1,631,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 59,000 | 163,000 | 226,000 | 310,000 |
| Income tax | 0 | 0 | 1,000 | 0 |
| Net income | 59,000 | 163,000 | 225,000 | 310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,861,000 | 4,958,000 | 4,965,000 | 5,050,000 |
| Total capital | 5,222,000 | 5,302,000 | 5,323,000 | 5,417,000 |
| Risk-weighted assets | 33,095,000 | 27,456,000 | 28,580,000 | 29,310,000 |