Call reports 2024
SOUTHWEST HERITAGE BANK — 2024
What SOUTHWEST HERITAGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 975,398,000 | 917,772,000 | 935,408,000 | 914,409,000 |
| Total loans | 750,307,000 | 735,495,000 | 703,135,000 | 676,092,000 |
| Allowance for loan losses | 10,675,000 | 10,801,000 | 10,523,000 | 10,160,000 |
| Securities available for sale | 102,226,000 | 56,257,000 | 58,191,000 | 78,661,000 |
| Securities held to maturity | 5,791,000 | 5,783,000 | 5,774,000 | 5,766,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 823,666,000 | 774,508,000 | 789,197,000 | 797,133,000 |
| Interest-bearing deposits | 618,128,000 | 590,031,000 | 612,206,000 | 605,518,000 |
| Noninterest-bearing deposits | 205,538,000 | 184,477,000 | 176,991,000 | 191,615,000 |
| Equity capital | 89,712,000 | 102,076,000 | 105,500,000 | 105,171,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 7,920,000 | 22,550,000 | 36,709,000 | 50,778,000 |
| Interest expense | 4,024,000 | 9,344,000 | 14,792,000 | 20,265,000 |
| Net interest income | 3,896,000 | 13,206,000 | 21,917,000 | 30,513,000 |
| Noninterest income | -278,000 | -53,000 | 193,000 | 540,000 |
| Noninterest expense | 6,155,000 | 13,203,000 | 19,573,000 | 27,939,000 |
| Provision for loan losses | 3,852,000 | 3,852,000 | 3,852,000 | 3,602,000 |
| Pretax income | -6,453,000 | -3,916,000 | -1,329,000 | -711,000 |
| Income tax | -1,514,000 | -1,035,000 | -423,000 | -231,000 |
| Net income | -4,939,000 | -2,881,000 | -906,000 | -480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,913,000 | 98,452,000 | 100,878,000 | 102,347,000 |
| Total capital | 96,253,000 | 108,426,000 | 110,572,000 | 111,674,000 |
| Risk-weighted assets | 826,391,000 | 796,661,000 | 774,230,000 | 744,645,000 |