Call reports 2021
SOUTHEASTERN BANK — 2021
What SOUTHEASTERN 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 | 564,932,000 | 586,942,000 | 595,035,000 | 636,830,000 |
| Total loans | 271,547,000 | 272,059,000 | 282,183,000 | 294,439,000 |
| Allowance for loan losses | 7,301,000 | 7,314,000 | 7,305,000 | 7,288,000 |
| Securities available for sale | 107,269,000 | 118,927,000 | 113,707,000 | 124,433,000 |
| Securities held to maturity | 37,167,000 | 38,095,000 | 38,474,000 | 40,785,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 506,178,000 | 527,600,000 | 534,650,000 | 576,235,000 |
| Interest-bearing deposits | 353,576,000 | 367,382,000 | 374,113,000 | 413,772,000 |
| Noninterest-bearing deposits | 152,602,000 | 160,217,000 | 160,537,000 | 162,462,000 |
| Equity capital | 57,267,000 | 58,421,000 | 59,249,000 | 59,315,000 |
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 | 4,344,000 | 8,701,000 | 13,367,000 | 17,938,000 |
| Interest expense | 104,000 | 201,000 | 298,000 | 395,000 |
| Net interest income | 4,240,000 | 8,500,000 | 13,069,000 | 17,543,000 |
| Noninterest income | 1,015,000 | 2,011,000 | 2,982,000 | 4,194,000 |
| Noninterest expense | 3,089,000 | 6,257,000 | 9,494,000 | 13,099,000 |
| Provision for loan losses | -850,000 | -850,000 | -850,000 | -850,000 |
| Pretax income | 3,016,000 | 5,104,000 | 7,407,000 | 9,488,000 |
| Income tax | 595,000 | 993,000 | 1,434,000 | 1,958,000 |
| Net income | 2,421,000 | 4,111,000 | 5,973,000 | 7,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,622,000 | 56,598,000 | 57,746,000 | 58,588,000 |