Call reports 2019
HERITAGE BANK MINNESOTA — 2019
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 52,147,000 | 54,231,000 | 55,674,000 | 57,252,000 |
| Total loans | 41,766,000 | 45,046,000 | 43,874,000 | 44,340,000 |
| Allowance for loan losses | 608,000 | 623,000 | 583,000 | 594,000 |
| Securities available for sale | 1,026,000 | 969,000 | 925,000 | 867,000 |
| Securities held to maturity | 4,462,000 | 3,952,000 | 3,945,000 | 3,574,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,643,000 | 44,599,000 | 45,934,000 | 47,607,000 |
| Interest-bearing deposits | 36,923,000 | 35,610,000 | 36,996,000 | 38,136,000 |
| Noninterest-bearing deposits | 9,720,000 | 8,989,000 | 8,938,000 | 9,471,000 |
| Equity capital | 5,491,000 | 5,620,000 | 5,721,000 | 5,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 576,000 | 1,159,000 | 1,784,000 | 2,403,000 |
| Interest expense | 33,000 | 77,000 | 137,000 | 199,000 |
| Net interest income | 543,000 | 1,082,000 | 1,647,000 | 2,204,000 |
| Noninterest income | 41,000 | 76,000 | 166,000 | 256,000 |
| Noninterest expense | 486,000 | 990,000 | 1,510,000 | 2,151,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 83,000 | 138,000 | 258,000 | 249,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 83,000 | 138,000 | 258,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,510,000 | 5,626,000 | 5,726,000 | 5,633,000 |
| Total capital | 5,958,000 | 6,105,000 | 6,212,000 | 6,139,000 |
| Risk-weighted assets | 35,748,000 | 38,191,000 | 38,807,000 | 40,405,000 |