Call reports 2021
SOUTHERN HERITAGE BANK — 2021
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 363,575,000 | 363,202,000 | 358,639,000 | 375,677,000 |
| Total loans | 229,036,000 | 236,170,000 | 230,821,000 | 222,765,000 |
| Allowance for loan losses | 1,553,000 | 1,571,000 | 1,646,000 | 1,685,000 |
| Securities available for sale | 101,730,000 | 108,208,000 | 101,364,000 | 125,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,910,000 | 323,173,000 | 318,260,000 | 337,007,000 |
| Interest-bearing deposits | 221,935,000 | 224,707,000 | 216,019,000 | 227,949,000 |
| Noninterest-bearing deposits | 101,975,000 | 98,466,000 | 102,241,000 | 109,058,000 |
| Equity capital | 37,264,000 | 37,446,000 | 37,886,000 | 36,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,649,000 | 7,380,000 | 11,031,000 | 14,614,000 |
| Interest expense | 361,000 | 694,000 | 996,000 | 1,266,000 |
| Net interest income | 3,288,000 | 6,686,000 | 10,035,000 | 13,348,000 |
| Noninterest income | 770,000 | 1,421,000 | 2,123,000 | 2,894,000 |
| Noninterest expense | 2,731,000 | 5,364,000 | 8,096,000 | 10,772,000 |
| Provision for loan losses | 77,000 | 152,000 | 227,000 | 298,000 |
| Pretax income | 1,250,000 | 2,591,000 | 3,871,000 | 5,208,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,250,000 | 2,591,000 | 3,871,000 | 5,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,818,000 | 36,930,000 | 37,543,000 | 37,087,000 |