Call reports 2020
SOUTHERN HERITAGE BANK — 2020
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 306,298,000 | 334,572,000 | 332,451,000 | 350,298,000 |
| Total loans | 227,508,000 | 242,296,000 | 245,333,000 | 228,426,000 |
| Allowance for loan losses | 1,667,000 | 1,714,000 | 1,465,000 | 1,481,000 |
| Securities available for sale | 55,933,000 | 71,791,000 | 66,833,000 | 94,283,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,296,000 | 295,565,000 | 292,194,000 | 311,434,000 |
| Interest-bearing deposits | 193,479,000 | 200,492,000 | 200,934,000 | 217,734,000 |
| Noninterest-bearing deposits | 74,817,000 | 95,073,000 | 91,260,000 | 93,700,000 |
| Equity capital | 35,940,000 | 36,930,000 | 37,493,000 | 36,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,720,000 | 7,922,000 | 11,517,000 | 15,050,000 |
| Interest expense | 469,000 | 887,000 | 1,294,000 | 1,692,000 |
| Net interest income | 3,251,000 | 7,035,000 | 10,223,000 | 13,358,000 |
| Noninterest income | 576,000 | 1,170,000 | 1,795,000 | 2,664,000 |
| Noninterest expense | 2,623,000 | 5,147,000 | 7,801,000 | 10,588,000 |
| Provision for loan losses | 61,000 | 112,000 | 161,000 | 194,000 |
| Pretax income | 1,144,000 | 2,947,000 | 4,057,000 | 5,292,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,144,000 | 2,947,000 | 4,057,000 | 5,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,590,000 | 36,226,000 | 36,731,000 | 36,234,000 |