Call reports 2018
HERITAGE BANK MINNESOTA — 2018
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 50,989,000 | 50,333,000 | 50,964,000 | 53,514,000 |
| Total loans | 37,416,000 | 39,130,000 | 39,598,000 | 41,682,000 |
| Allowance for loan losses | 577,000 | 588,000 | 598,000 | 608,000 |
| Securities available for sale | 2,407,000 | 2,239,000 | 1,113,000 | 1,065,000 |
| Securities held to maturity | 4,956,000 | 4,943,000 | 4,929,000 | 5,167,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,676,000 | 45,055,000 | 45,630,000 | 48,067,000 |
| Interest-bearing deposits | 37,267,000 | 36,197,000 | 36,212,000 | 37,655,000 |
| Noninterest-bearing deposits | 8,409,000 | 8,858,000 | 9,418,000 | 10,412,000 |
| Equity capital | 5,307,000 | 5,273,000 | 5,327,000 | 5,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 512,000 | 1,050,000 | 1,606,000 | 2,183,000 |
| Interest expense | 26,000 | 53,000 | 81,000 | 111,000 |
| Net interest income | 486,000 | 997,000 | 1,525,000 | 2,072,000 |
| Noninterest income | 45,000 | 109,000 | 171,000 | 235,000 |
| Noninterest expense | 413,000 | 831,000 | 1,300,000 | 1,793,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 103,000 | 245,000 | 319,000 | 412,000 |
| Income tax | 0 | 1,000 | 0 | 0 |
| Net income | 103,000 | 244,000 | 319,000 | 412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,369,000 | 5,336,000 | 5,372,000 | 5,466,000 |
| Total capital | 5,780,000 | 5,753,000 | 5,803,000 | 5,917,000 |
| Risk-weighted assets | 32,764,000 | 33,214,000 | 34,373,000 | 35,926,000 |