Call reports 2023
SOUTHERN HERITAGE BANK — 2023
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 361,523,000 | 361,956,000 | 360,025,000 | 368,076,000 |
| Total loans | 248,700,000 | 250,875,000 | 253,781,000 | 253,528,000 |
| Allowance for loan losses | 1,651,000 | 1,704,000 | 1,745,000 | 1,838,000 |
| Securities available for sale | 76,681,000 | 82,231,000 | 74,031,000 | 81,493,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 329,166,000 | 329,751,000 | 328,338,000 | 335,202,000 |
| Interest-bearing deposits | 226,663,000 | 225,466,000 | 228,041,000 | 233,291,000 |
| Noninterest-bearing deposits | 102,503,000 | 104,285,000 | 100,297,000 | 101,911,000 |
| Equity capital | 30,231,000 | 29,607,000 | 28,459,000 | 30,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,119,000 | 8,489,000 | 12,990,000 | 17,605,000 |
| Interest expense | 851,000 | 1,932,000 | 3,152,000 | 4,474,000 |
| Net interest income | 3,268,000 | 6,557,000 | 9,838,000 | 13,131,000 |
| Noninterest income | 562,000 | 1,132,000 | 1,697,000 | 2,746,000 |
| Noninterest expense | 2,795,000 | 5,665,000 | 8,422,000 | 11,233,000 |
| Provision for loan losses | 0 | 46,000 | 113,000 | 196,000 |
| Pretax income | 1,035,000 | 1,978,000 | 3,000,000 | 4,448,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,035,000 | 1,978,000 | 3,000,000 | 4,448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,446,000 | 38,198,000 | 38,592,000 | 38,567,000 |