Call reports 2022
SOUTHERN HERITAGE BANK — 2022
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 371,545,000 | 373,829,000 | 364,113,000 | 369,168,000 |
| Total loans | 219,425,000 | 227,512,000 | 233,988,000 | 245,354,000 |
| Allowance for loan losses | 1,757,000 | 1,618,000 | 1,627,000 | 1,670,000 |
| Securities available for sale | 122,863,000 | 117,154,000 | 96,718,000 | 94,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,002,000 | 341,178,000 | 333,722,000 | 338,566,000 |
| Interest-bearing deposits | 225,494,000 | 233,423,000 | 223,447,000 | 229,603,000 |
| Noninterest-bearing deposits | 111,508,000 | 107,755,000 | 110,275,000 | 108,963,000 |
| Equity capital | 32,755,000 | 30,194,000 | 27,873,000 | 28,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,421,000 | 7,096,000 | 11,035,000 | 15,158,000 |
| Interest expense | 247,000 | 504,000 | 866,000 | 1,418,000 |
| Net interest income | 3,174,000 | 6,592,000 | 10,169,000 | 13,740,000 |
| Noninterest income | 643,000 | 1,225,000 | 1,848,000 | 2,389,000 |
| Noninterest expense | 2,731,000 | 5,533,000 | 8,267,000 | 10,950,000 |
| Provision for loan losses | 71,000 | 94,000 | 127,000 | 195,000 |
| Pretax income | 1,015,000 | 2,190,000 | 3,623,000 | 4,984,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,015,000 | 2,190,000 | 3,623,000 | 4,984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,446,000 | 37,401,000 | 38,178,000 | 38,039,000 |