Call reports 2021
SOUTHWEST HERITAGE BANK — 2021
What SOUTHWEST HERITAGE 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 | 462,232,000 | 488,011,000 | 509,591,000 | 527,086,000 |
| Total loans | 357,757,000 | 358,935,000 | 392,260,000 | 415,624,000 |
| Allowance for loan losses | 4,823,000 | 4,824,000 | 5,076,000 | 5,328,000 |
| Securities available for sale | 52,229,000 | 58,560,000 | 61,958,000 | 67,917,000 |
| Securities held to maturity | 0 | 0 | 6,895,000 | 5,365,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,404,000 | 415,253,000 | 419,688,000 | 443,622,000 |
| Interest-bearing deposits | 302,984,000 | 303,322,000 | 314,397,000 | 337,845,000 |
| Noninterest-bearing deposits | 98,420,000 | 111,931,000 | 105,292,000 | 105,777,000 |
| Equity capital | 44,029,000 | 55,376,000 | 56,863,000 | 57,413,000 |
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 | 5,012,000 | 9,661,000 | 15,297,000 | 20,722,000 |
| Interest expense | 457,000 | 891,000 | 1,286,000 | 1,672,000 |
| Net interest income | 4,555,000 | 8,770,000 | 14,011,000 | 19,050,000 |
| Noninterest income | 323,000 | 756,000 | 1,188,000 | 1,444,000 |
| Noninterest expense | 3,093,000 | 6,396,000 | 9,644,000 | 13,715,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 500,000 |
| Pretax income | 1,785,000 | 3,238,000 | 5,507,000 | 6,481,000 |
| Income tax | 431,000 | 783,000 | 1,336,000 | 1,428,000 |
| Net income | 1,354,000 | 2,455,000 | 4,171,000 | 5,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,798,000 | 55,006,000 | 56,830,000 | 57,650,000 |
| Total capital | 48,305,000 | 59,619,000 | 61,906,000 | 62,978,000 |
| Risk-weighted assets | 360,282,000 | 368,838,000 | 406,285,000 | 439,003,000 |