Call reports 2013
HERITAGEBANK OF THE SOUTH — 2013
What HERITAGEBANK OF THE SOUTH reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,366,483,000 | 1,329,945,000 | 1,318,083,000 | 1,376,686,000 |
| Total loans | 771,771,000 | 813,467,000 | 827,134,000 | 909,422,000 |
| Allowance for loan losses | 9,105,000 | 9,047,000 | 8,894,000 | 8,955,000 |
| Securities available for sale | 267,306,000 | 305,345,000 | 303,634,000 | 294,299,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,103,122,000 | 1,072,441,000 | 1,058,601,000 | 1,086,347,000 |
| Interest-bearing deposits | 943,850,000 | 917,712,000 | 899,318,000 | 928,168,000 |
| Noninterest-bearing deposits | 159,272,000 | 154,729,000 | 159,283,000 | 158,179,000 |
| Equity capital | 109,966,000 | 108,861,000 | 110,226,000 | 110,954,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 15,048,000 | 33,158,000 | 47,536,000 | 65,651,000 |
| Interest expense | 1,801,000 | 3,688,000 | 5,523,000 | 7,385,000 |
| Net interest income | 13,247,000 | 29,470,000 | 42,013,000 | 58,266,000 |
| Noninterest income | 5,799,000 | 9,108,000 | 13,902,000 | 18,621,000 |
| Noninterest expense | 12,602,000 | 27,650,000 | 42,657,000 | 58,294,000 |
| Provision for loan losses | 485,000 | 1,153,000 | 1,503,000 | 1,735,000 |
| Pretax income | 5,959,000 | 9,775,000 | 11,755,000 | 16,943,000 |
| Income tax | 1,921,000 | 2,912,000 | 3,462,000 | 5,036,000 |
| Net income | 4,038,000 | 6,863,000 | 8,293,000 | 11,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,407,000 | 112,604,000 | 114,407,000 | 114,484,000 |
| Total capital | 117,943,000 | 121,651,000 | 123,301,000 | 123,439,000 |
| Risk-weighted assets | 779,464,000 | 845,532,000 | 858,634,000 | 936,125,000 |