Call reports 2010
SOUTHERN HERITAGE BANK — 2010
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 261,837,000 | 258,594,000 | 248,646,000 | 254,758,000 |
| Total loans | 163,822,000 | 159,759,000 | 155,041,000 | 153,993,000 |
| Allowance for loan losses | 1,695,000 | 1,136,000 | 1,268,000 | 1,559,000 |
| Securities available for sale | 51,728,000 | 51,304,000 | 45,710,000 | 68,545,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,023,000 | 221,479,000 | 215,081,000 | 222,444,000 |
| Interest-bearing deposits | 189,969,000 | 183,057,000 | 175,783,000 | 182,111,000 |
| Noninterest-bearing deposits | 36,054,000 | 38,422,000 | 39,298,000 | 40,333,000 |
| Equity capital | 25,285,000 | 26,357,000 | 27,427,000 | 26,965,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,297,000 | 6,634,000 | 9,957,000 | 13,133,000 |
| Interest expense | 766,000 | 1,479,000 | 2,084,000 | 2,646,000 |
| Net interest income | 2,531,000 | 5,155,000 | 7,873,000 | 10,487,000 |
| Noninterest income | 560,000 | 1,181,000 | 1,634,000 | 2,255,000 |
| Noninterest expense | 2,033,000 | 4,008,000 | 5,935,000 | 8,217,000 |
| Provision for loan losses | 359,000 | 721,000 | 1,095,000 | 1,452,000 |
| Pretax income | 699,000 | 1,607,000 | 2,620,000 | 3,216,000 |
| Income tax | 175,000 | 350,000 | 613,000 | 850,000 |
| Net income | 524,000 | 1,257,000 | 2,007,000 | 2,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,956,000 | 25,713,000 | 26,451,000 | 26,803,000 |
| Total capital | 26,651,000 | 26,849,000 | 27,719,000 | 28,362,000 |
| Risk-weighted assets | 150,039,000 | 146,330,000 | 140,811,000 | 144,437,000 |