Call reports 2016
HERITAGE BANK MINNESOTA — 2016
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 47,623,000 | 48,545,000 | 49,817,000 | 49,398,000 |
| Total loans | 33,220,000 | 34,722,000 | 34,767,000 | 35,983,000 |
| Allowance for loan losses | 417,000 | 426,000 | 441,000 | 457,000 |
| Securities available for sale | 4,564,000 | 4,326,000 | 4,089,000 | 3,296,000 |
| Securities held to maturity | 6,308,000 | 6,230,000 | 6,216,000 | 6,083,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,521,000 | 42,609,000 | 43,736,000 | 44,281,000 |
| Interest-bearing deposits | 35,022,000 | 35,477,000 | 35,955,000 | 35,464,000 |
| Noninterest-bearing deposits | 7,499,000 | 7,132,000 | 7,781,000 | 8,817,000 |
| Equity capital | 5,095,000 | 4,929,000 | 5,074,000 | 5,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 480,000 | 995,000 | 1,566,000 | 2,107,000 |
| Interest expense | 27,000 | 54,000 | 82,000 | 108,000 |
| Net interest income | 453,000 | 941,000 | 1,484,000 | 1,999,000 |
| Noninterest income | 30,000 | 81,000 | 124,000 | 162,000 |
| Noninterest expense | 393,000 | 838,000 | 1,236,000 | 1,696,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 75,000 | 154,000 | 327,000 | 405,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 75,000 | 153,000 | 326,000 | 404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,120,000 | 4,946,000 | 5,087,000 | 5,165,000 |
| Total capital | 5,483,000 | 5,329,000 | 5,468,000 | 5,561,000 |
| Risk-weighted assets | 29,000,000 | 30,558,000 | 30,458,000 | 31,582,000 |