Call reports 2023
SOUTHEASTERN BANK — 2023
What SOUTHEASTERN 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 | 626,396,000 | 599,592,000 | 592,570,000 | 616,015,000 |
| Total loans | 336,171,000 | 334,216,000 | 338,222,000 | 348,333,000 |
| Allowance for loan losses | 7,652,000 | 7,605,000 | 7,599,000 | 7,561,000 |
| Securities available for sale | 147,100,000 | 139,730,000 | 131,996,000 | 134,556,000 |
| Securities held to maturity | 43,966,000 | 43,715,000 | 42,660,000 | 41,989,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 566,433,000 | 540,720,000 | 535,203,000 | 552,022,000 |
| Interest-bearing deposits | 379,798,000 | 364,044,000 | 371,432,000 | 370,929,000 |
| Noninterest-bearing deposits | 186,635,000 | 176,676,000 | 163,771,000 | 181,093,000 |
| Equity capital | 56,665,000 | 56,167,000 | 54,232,000 | 60,890,000 |
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 | 6,701,000 | 13,533,000 | 20,221,000 | 27,158,000 |
| Interest expense | 243,000 | 615,000 | 1,053,000 | 1,614,000 |
| Net interest income | 6,458,000 | 12,918,000 | 19,168,000 | 25,544,000 |
| Noninterest income | 1,017,000 | 1,950,000 | 2,866,000 | 4,818,000 |
| Noninterest expense | 3,702,000 | 7,679,000 | 12,297,000 | 16,047,000 |
| Provision for loan losses | 0 | -60,000 | -60,000 | -60,000 |
| Pretax income | 3,773,000 | 7,189,000 | 9,737,000 | 13,291,000 |
| Income tax | 786,000 | 1,535,000 | 2,046,000 | 2,817,000 |
| Net income | 2,987,000 | 5,654,000 | 7,691,000 | 10,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,223,000 | 68,759,000 | 69,666,000 | 71,319,000 |