Call reports 2023
SOUTHWEST HERITAGE BANK — 2023
What SOUTHWEST HERITAGE 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 | 573,970,000 | 581,103,000 | 579,519,000 | 579,212,000 |
| Total loans | 472,010,000 | 479,379,000 | 480,216,000 | 457,027,000 |
| Allowance for loan losses | 5,383,000 | 5,220,000 | 8,391,000 | 5,860,000 |
| Securities available for sale | 57,857,000 | 55,978,000 | 53,362,000 | 56,690,000 |
| Securities held to maturity | 5,824,000 | 5,816,000 | 5,808,000 | 5,799,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 482,346,000 | 491,377,000 | 487,775,000 | 479,359,000 |
| Interest-bearing deposits | 368,891,000 | 361,911,000 | 377,325,000 | 373,477,000 |
| Noninterest-bearing deposits | 113,455,000 | 129,466,000 | 110,450,000 | 105,882,000 |
| Equity capital | 65,002,000 | 65,122,000 | 62,274,000 | 63,102,000 |
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 | 6,664,000 | 13,545,000 | 20,713,000 | 28,116,000 |
| Interest expense | 2,361,000 | 5,192,000 | 8,427,000 | 12,013,000 |
| Net interest income | 4,303,000 | 8,353,000 | 12,286,000 | 16,103,000 |
| Noninterest income | 189,000 | 455,000 | 576,000 | 793,000 |
| Noninterest expense | 3,647,000 | 7,012,000 | 10,222,000 | 14,467,000 |
| Provision for loan losses | 0 | 150,000 | 3,325,000 | 4,175,000 |
| Pretax income | 846,000 | 1,663,000 | -640,000 | -1,793,000 |
| Income tax | 219,000 | 391,000 | -127,000 | -113,000 |
| Net income | 627,000 | 1,272,000 | -513,000 | -1,680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,219,000 | 70,923,000 | 69,144,000 | 68,032,000 |
| Total capital | 75,804,000 | 76,329,000 | 75,346,000 | 74,142,000 |
| Risk-weighted assets | 487,733,000 | 496,595,000 | 493,822,000 | 501,431,000 |