Call reports 2017
HERITAGE BANK MINNESOTA — 2017
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 48,650,000 | 49,442,000 | 49,962,000 | 49,992,000 |
| Total loans | 34,575,000 | 35,174,000 | 35,940,000 | 37,350,000 |
| Allowance for loan losses | 474,000 | 486,000 | 497,000 | 556,000 |
| Securities available for sale | 3,116,000 | 2,910,000 | 2,752,000 | 2,572,000 |
| Securities held to maturity | 5,310,000 | 5,297,000 | 5,283,000 | 5,270,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,422,000 | 44,297,000 | 44,733,000 | 44,716,000 |
| Interest-bearing deposits | 35,250,000 | 36,513,000 | 36,716,000 | 35,792,000 |
| Noninterest-bearing deposits | 8,172,000 | 7,784,000 | 8,017,000 | 8,924,000 |
| Equity capital | 5,222,000 | 5,141,000 | 5,223,000 | 5,271,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 501,000 | 1,006,000 | 1,528,000 | 2,069,000 |
| Interest expense | 24,000 | 49,000 | 75,000 | 100,000 |
| Net interest income | 477,000 | 957,000 | 1,453,000 | 1,969,000 |
| Noninterest income | 97,000 | 172,000 | 223,000 | 287,000 |
| Noninterest expense | 426,000 | 843,000 | 1,258,000 | 1,719,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 110,000 |
| Pretax income | 133,000 | 256,000 | 373,000 | 427,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 133,000 | 256,000 | 373,000 | 426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,268,000 | 5,179,000 | 5,255,000 | 5,308,000 |
| Total capital | 5,641,000 | 5,559,000 | 5,649,000 | 5,726,000 |
| Risk-weighted assets | 29,705,000 | 30,263,000 | 31,407,000 | 33,268,000 |