Call reports 2016
SOUTHEASTERN BANK — 2016
What SOUTHEASTERN 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 | 415,323,000 | 410,709,000 | 407,183,000 | 413,936,000 |
| Total loans | 190,508,000 | 196,779,000 | 193,081,000 | 191,031,000 |
| Allowance for loan losses | 4,127,000 | 3,582,000 | 3,466,000 | 3,624,000 |
| Securities available for sale | 101,615,000 | 99,490,000 | 98,358,000 | 98,361,000 |
| Securities held to maturity | 13,961,000 | 15,015,000 | 14,999,000 | 14,994,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,303,000 | 363,244,000 | 358,419,000 | 366,952,000 |
| Interest-bearing deposits | 284,592,000 | 280,758,000 | 276,793,000 | 288,550,000 |
| Noninterest-bearing deposits | 84,711,000 | 82,486,000 | 81,626,000 | 78,402,000 |
| Equity capital | 45,168,000 | 46,389,000 | 47,491,000 | 45,995,000 |
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 | 3,426,000 | 6,902,000 | 10,352,000 | 13,813,000 |
| Interest expense | 163,000 | 326,000 | 485,000 | 647,000 |
| Net interest income | 3,263,000 | 6,576,000 | 9,867,000 | 13,166,000 |
| Noninterest income | 787,000 | 845,000 | 1,646,000 | 2,618,000 |
| Noninterest expense | 2,879,000 | 5,700,000 | 8,415,000 | 10,994,000 |
| Provision for loan losses | 0 | -700,000 | -700,000 | -700,000 |
| Pretax income | 1,173,000 | 2,423,000 | 3,800,000 | 5,492,000 |
| Income tax | 355,000 | 736,000 | 1,158,000 | 1,598,000 |
| Net income | 818,000 | 1,687,000 | 2,642,000 | 3,894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,142,000 | 41,498,000 | 42,980,000 | 43,744,000 |
| Total capital | 43,202,000 | 44,624,000 | 46,048,000 | 46,819,000 |
| Risk-weighted assets | 240,852,000 | 247,016,000 | 242,803,000 | 243,704,000 |