Call reports 2014
SOUTHERN HERITAGE BANK — 2014
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 268,407,000 | 266,836,000 | 275,285,000 | 284,060,000 |
| Total loans | 151,144,000 | 157,071,000 | 165,604,000 | 164,935,000 |
| Allowance for loan losses | 2,058,000 | 2,076,000 | 2,070,000 | 2,078,000 |
| Securities available for sale | 89,392,000 | 84,749,000 | 78,920,000 | 88,790,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,945,000 | 233,581,000 | 238,149,000 | 246,423,000 |
| Interest-bearing deposits | 176,087,000 | 173,755,000 | 173,146,000 | 185,222,000 |
| Noninterest-bearing deposits | 59,858,000 | 59,826,000 | 65,003,000 | 61,201,000 |
| Equity capital | 31,501,000 | 31,754,000 | 32,307,000 | 32,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,749,000 | 5,544,000 | 8,523,000 | 11,437,000 |
| Interest expense | 217,000 | 434,000 | 651,000 | 875,000 |
| Net interest income | 2,532,000 | 5,110,000 | 7,872,000 | 10,562,000 |
| Noninterest income | 535,000 | 1,112,000 | 1,659,000 | 2,264,000 |
| Noninterest expense | 2,153,000 | 4,320,000 | 6,528,000 | 8,741,000 |
| Provision for loan losses | 35,000 | 62,000 | 62,000 | 94,000 |
| Pretax income | 879,000 | 1,851,000 | 2,952,000 | 4,088,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 879,000 | 1,851,000 | 2,952,000 | 4,088,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,966,000 | 30,945,000 | 31,615,000 | 31,750,000 |
| Total capital | 32,726,000 | 32,787,000 | 33,537,000 | 33,625,000 |
| Risk-weighted assets | 140,516,000 | 147,093,000 | 153,605,000 | 149,791,000 |