Call reports 2016
SOUTHERN HERITAGE BANK — 2016
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 282,863,000 | 281,144,000 | 281,310,000 | 285,398,000 |
| Total loans | 190,099,000 | 193,114,000 | 196,504,000 | 199,378,000 |
| Allowance for loan losses | 2,208,000 | 2,190,000 | 2,149,000 | 2,127,000 |
| Securities available for sale | 69,268,000 | 67,880,000 | 60,191,000 | 60,206,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,690,000 | 243,096,000 | 243,029,000 | 248,912,000 |
| Interest-bearing deposits | 183,162,000 | 179,825,000 | 177,324,000 | 185,222,000 |
| Noninterest-bearing deposits | 62,528,000 | 63,271,000 | 65,705,000 | 63,690,000 |
| Equity capital | 34,855,000 | 34,770,000 | 34,969,000 | 33,741,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,108,000 | 6,261,000 | 9,450,000 | 12,660,000 |
| Interest expense | 257,000 | 508,000 | 763,000 | 1,028,000 |
| Net interest income | 2,851,000 | 5,753,000 | 8,687,000 | 11,632,000 |
| Noninterest income | 543,000 | 1,013,000 | 1,631,000 | 2,254,000 |
| Noninterest expense | 2,396,000 | 4,741,000 | 7,202,000 | 9,533,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 998,000 | 2,025,000 | 3,116,000 | 4,353,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 998,000 | 2,025,000 | 3,116,000 | 4,353,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,421,000 | 32,942,000 | 33,381,000 | 33,378,000 |
| Total capital | 35,568,000 | 35,086,000 | 35,530,000 | 35,505,000 |
| Risk-weighted assets | 171,671,000 | 171,429,000 | 173,605,000 | 175,232,000 |