Call reports 2011
SOUTHERN HERITAGE BANK — 2011
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 265,288,000 | 263,148,000 | 263,033,000 | 273,946,000 |
| Total loans | 149,917,000 | 146,892,000 | 146,724,000 | 150,327,000 |
| Allowance for loan losses | 1,799,000 | 2,021,000 | 1,931,000 | 2,002,000 |
| Securities available for sale | 81,214,000 | 63,808,000 | 91,039,000 | 88,590,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,232,000 | 228,171,000 | 228,124,000 | 238,990,000 |
| Interest-bearing deposits | 188,399,000 | 185,073,000 | 181,518,000 | 189,845,000 |
| Noninterest-bearing deposits | 43,833,000 | 43,098,000 | 46,606,000 | 49,145,000 |
| Equity capital | 27,755,000 | 29,312,000 | 30,771,000 | 30,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,101,000 | 6,248,000 | 9,377,000 | 12,487,000 |
| Interest expense | 529,000 | 1,047,000 | 1,522,000 | 1,969,000 |
| Net interest income | 2,572,000 | 5,201,000 | 7,855,000 | 10,518,000 |
| Noninterest income | 519,000 | 1,056,000 | 1,595,000 | 2,199,000 |
| Noninterest expense | 1,848,000 | 3,754,000 | 5,639,000 | 8,187,000 |
| Provision for loan losses | 244,000 | 481,000 | 638,000 | 722,000 |
| Pretax income | 999,000 | 2,022,000 | 3,173,000 | 3,808,000 |
| Income tax | 276,000 | 561,000 | 886,000 | 1,372,000 |
| Net income | 723,000 | 1,461,000 | 2,287,000 | 2,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,529,000 | 28,277,000 | 29,107,000 | 29,262,000 |
| Total capital | 29,328,000 | 30,008,000 | 30,843,000 | 31,046,000 |
| Risk-weighted assets | 143,685,000 | 138,190,000 | 138,891,000 | 142,246,000 |