Call reports 2010
SOUTHERN HERITAGE BANK — 2010
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 212,691,000 | 209,845,000 | 205,893,000 | 206,408,000 |
| Total loans | 151,672,000 | 150,311,000 | 147,580,000 | 143,112,000 |
| Allowance for loan losses | 3,391,000 | 3,785,000 | 3,688,000 | 3,330,000 |
| Securities available for sale | 40,113,000 | 34,894,000 | 35,341,000 | 41,767,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,747,000 | 183,848,000 | 179,102,000 | 179,422,000 |
| Interest-bearing deposits | 156,077,000 | 159,353,000 | 156,064,000 | 153,867,000 |
| Noninterest-bearing deposits | 24,670,000 | 24,495,000 | 23,038,000 | 25,555,000 |
| Equity capital | 23,616,000 | 24,142,000 | 24,806,000 | 24,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,556,000 | 5,065,000 | 7,535,000 | 9,946,000 |
| Interest expense | 692,000 | 1,318,000 | 1,908,000 | 2,466,000 |
| Net interest income | 1,864,000 | 3,747,000 | 5,627,000 | 7,480,000 |
| Noninterest income | 508,000 | 1,018,000 | 1,670,000 | 2,284,000 |
| Noninterest expense | 1,598,000 | 3,241,000 | 4,919,000 | 6,685,000 |
| Provision for loan losses | 244,000 | 566,000 | 568,000 | 569,000 |
| Pretax income | 517,000 | 990,000 | 1,799,000 | 2,422,000 |
| Income tax | 160,000 | 320,000 | 609,000 | 783,000 |
| Net income | 357,000 | 670,000 | 1,190,000 | 1,639,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,257,000 | 23,117,000 | 23,973,000 | 25,005,000 |
| Total capital | 24,284,000 | 25,126,000 | 25,933,000 | 26,976,000 |
| Risk-weighted assets | 160,796,000 | 158,913,000 | 155,089,000 | 156,336,000 |