Call reports 2013
SOUTHERN HERITAGE BANK — 2013
What SOUTHERN HERITAGE BANK 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 | 267,222,000 | 262,489,000 | 259,049,000 | 270,438,000 |
| Total loans | 138,358,000 | 142,156,000 | 145,005,000 | 149,116,000 |
| Allowance for loan losses | 2,165,000 | 2,042,000 | 2,071,000 | 2,025,000 |
| Securities available for sale | 96,622,000 | 90,797,000 | 84,379,000 | 92,242,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,660,000 | 231,161,000 | 227,267,000 | 234,727,000 |
| Interest-bearing deposits | 178,184,000 | 173,963,000 | 167,408,000 | 175,661,000 |
| Noninterest-bearing deposits | 56,476,000 | 57,198,000 | 59,859,000 | 59,066,000 |
| Equity capital | 31,307,000 | 29,678,000 | 30,232,000 | 30,522,000 |
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 | 2,694,000 | 5,435,000 | 8,252,000 | 11,142,000 |
| Interest expense | 282,000 | 552,000 | 793,000 | 1,017,000 |
| Net interest income | 2,412,000 | 4,883,000 | 7,459,000 | 10,125,000 |
| Noninterest income | 654,000 | 1,283,000 | 1,951,000 | 2,527,000 |
| Noninterest expense | 2,063,000 | 4,153,000 | 6,258,000 | 8,395,000 |
| Provision for loan losses | 0 | 91,000 | 151,000 | 151,000 |
| Pretax income | 1,003,000 | 1,922,000 | 3,039,000 | 4,144,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,003,000 | 1,922,000 | 3,039,000 | 4,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,716,000 | 29,198,000 | 29,922,000 | 30,629,000 |
| Total capital | 30,321,000 | 30,862,000 | 31,632,000 | 32,365,000 |
| Risk-weighted assets | 127,839,000 | 133,315,000 | 136,398,000 | 138,628,000 |