Call reports 2013
SOUTHERN HERITAGE BANK — 2013
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 241,206,000 | 238,336,000 | 235,963,000 | 236,853,000 |
| Total loans | 150,737,000 | 145,842,000 | 137,055,000 | 139,252,000 |
| Allowance for loan losses | 2,429,000 | 2,219,000 | 1,820,000 | 1,967,000 |
| Securities available for sale | 61,533,000 | 65,906,000 | 60,947,000 | 68,966,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,248,000 | 207,999,000 | 204,526,000 | 205,607,000 |
| Interest-bearing deposits | 173,017,000 | 177,537,000 | 174,960,000 | 178,418,000 |
| Noninterest-bearing deposits | 35,231,000 | 30,462,000 | 29,566,000 | 27,189,000 |
| Equity capital | 31,107,000 | 29,286,000 | 29,503,000 | 29,852,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,331,000 | 4,670,000 | 6,974,000 | 9,199,000 |
| Interest expense | 289,000 | 569,000 | 827,000 | 1,079,000 |
| Net interest income | 2,042,000 | 4,101,000 | 6,147,000 | 8,120,000 |
| Noninterest income | 650,000 | 1,316,000 | 1,944,000 | 2,642,000 |
| Noninterest expense | 1,619,000 | 3,392,000 | 5,104,000 | 7,081,000 |
| Provision for loan losses | 121,000 | 2,000 | 3,000 | 124,000 |
| Pretax income | 1,121,000 | 2,188,000 | 3,174,000 | 3,721,000 |
| Income tax | 329,000 | 631,000 | 801,000 | 897,000 |
| Net income | 792,000 | 1,557,000 | 2,373,000 | 2,824,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,718,000 | 30,913,000 | 31,683,000 | 32,135,000 |
| Total capital | 32,916,000 | 33,038,000 | 33,503,000 | 34,102,000 |
| Risk-weighted assets | 175,595,000 | 169,937,000 | 164,163,000 | 165,447,000 |