Call reports 2011
SOUTHERN HERITAGE BANK — 2011
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 210,281,000 | 218,441,000 | 226,885,000 | 223,653,000 |
| Total loans | 141,972,000 | 137,898,000 | 143,972,000 | 142,800,000 |
| Allowance for loan losses | 2,848,000 | 2,549,000 | 2,449,000 | 2,594,000 |
| Securities available for sale | 43,637,000 | 49,036,000 | 53,131,000 | 55,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,021,000 | 188,634,000 | 195,585,000 | 193,156,000 |
| Interest-bearing deposits | 156,862,000 | 159,153,000 | 164,524,000 | 159,910,000 |
| Noninterest-bearing deposits | 25,159,000 | 29,481,000 | 31,061,000 | 33,246,000 |
| Equity capital | 25,376,000 | 26,722,000 | 28,053,000 | 28,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,380,000 | 4,801,000 | 7,207,000 | 9,642,000 |
| Interest expense | 487,000 | 967,000 | 1,399,000 | 1,803,000 |
| Net interest income | 1,893,000 | 3,834,000 | 5,808,000 | 7,839,000 |
| Noninterest income | 608,000 | 1,212,000 | 1,904,000 | 2,624,000 |
| Noninterest expense | 1,640,000 | 3,343,000 | 4,994,000 | 6,784,000 |
| Provision for loan losses | 2,000 | 3,000 | 79,000 | 680,000 |
| Pretax income | 796,000 | 1,610,000 | 2,659,000 | 3,156,000 |
| Income tax | 259,000 | 372,000 | 727,000 | 833,000 |
| Net income | 537,000 | 1,238,000 | 1,932,000 | 2,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,044,000 | 26,012,000 | 26,374,000 | 27,349,000 |
| Total capital | 26,968,000 | 27,901,000 | 28,512,000 | 29,468,000 |
| Risk-weighted assets | 153,012,000 | 150,428,000 | 170,745,000 | 169,018,000 |