Call reports 2022
HERITAGE BANK MINNESOTA — 2022
What HERITAGE BANK MINNESOTA reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 80,286,000 | 80,443,000 | 84,879,000 | 86,377,000 |
| Total loans | 50,954,000 | 55,793,000 | 59,655,000 | 63,538,000 |
| Allowance for loan losses | 581,000 | 572,000 | 566,000 | 565,000 |
| Securities available for sale | 13,655,000 | 12,801,000 | 12,053,000 | 12,146,000 |
| Securities held to maturity | 765,000 | 766,000 | 767,000 | 642,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,257,000 | 75,091,000 | 80,063,000 | 79,047,000 |
| Interest-bearing deposits | 57,331,000 | 58,173,000 | 62,222,000 | 61,039,000 |
| Noninterest-bearing deposits | 16,926,000 | 16,918,000 | 17,840,000 | 18,007,000 |
| Equity capital | 6,000,000 | 5,324,000 | 4,784,000 | 5,187,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 661,000 | 1,345,000 | 2,136,000 | 2,985,000 |
| Interest expense | 40,000 | 78,000 | 130,000 | 194,000 |
| Net interest income | 621,000 | 1,267,000 | 2,006,000 | 2,791,000 |
| Noninterest income | 624,000 | 718,000 | 800,000 | 996,000 |
| Noninterest expense | 661,000 | 1,334,000 | 2,027,000 | 2,757,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 584,000 | 651,000 | 779,000 | 1,030,000 |
| Income tax | 0 | 0 | 10,000 | 21,000 |
| Net income | 584,000 | 651,000 | 769,000 | 1,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,118,000 | 7,185,000 | 7,302,000 | 7,543,000 |
| Total capital | 7,699,000 | 7,757,000 | 7,868,000 | 8,108,000 |
| Risk-weighted assets | 51,477,000 | 56,428,000 | 61,472,000 | 61,596,000 |