Call reports 2020
SOUTHEASTERN BANK — 2020
What SOUTHEASTERN 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 | 446,832,000 | 508,467,000 | 500,535,000 | 537,655,000 |
| Total loans | 239,990,000 | 270,999,000 | 270,885,000 | 264,570,000 |
| Allowance for loan losses | 5,178,000 | 5,961,000 | 6,054,000 | 6,683,000 |
| Securities available for sale | 110,166,000 | 108,110,000 | 108,948,000 | 99,291,000 |
| Securities held to maturity | 13,132,000 | 12,222,000 | 12,197,000 | 31,809,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 392,068,000 | 439,484,000 | 437,249,000 | 480,247,000 |
| Interest-bearing deposits | 290,280,000 | 308,064,000 | 305,505,000 | 352,395,000 |
| Noninterest-bearing deposits | 101,788,000 | 131,420,000 | 131,743,000 | 127,852,000 |
| Equity capital | 53,275,000 | 55,221,000 | 56,018,000 | 56,378,000 |
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 | 4,443,000 | 8,717,000 | 12,979,000 | 17,710,000 |
| Interest expense | 232,000 | 402,000 | 548,000 | 668,000 |
| Net interest income | 4,211,000 | 8,315,000 | 12,431,000 | 17,042,000 |
| Noninterest income | 835,000 | 1,656,000 | 2,599,000 | 3,581,000 |
| Noninterest expense | 3,087,000 | 6,138,000 | 9,243,000 | 12,351,000 |
| Provision for loan losses | 0 | 600,000 | 750,000 | 1,175,000 |
| Pretax income | 1,960,000 | 3,234,000 | 5,038,000 | 7,124,000 |
| Income tax | 388,000 | 626,000 | 972,000 | 1,410,000 |
| Net income | 1,572,000 | 2,608,000 | 4,066,000 | 5,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,267,000 | 52,472,000 | 53,099,000 | 53,916,000 |