Call reports 2014
SOUTHERN HERITAGE BANK — 2014
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 244,929,000 | 243,248,000 | 240,448,000 | 249,648,000 |
| Total loans | 135,134,000 | 134,064,000 | 134,792,000 | 123,266,000 |
| Allowance for loan losses | 2,006,000 | 2,023,000 | 1,944,000 | 58,000 |
| Securities available for sale | 73,684,000 | 78,154,000 | 81,035,000 | 76,579,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,709,000 | 209,024,000 | 211,103,000 | 211,589,000 |
| Interest-bearing deposits | 179,715,000 | 177,266,000 | 175,851,000 | 179,146,000 |
| Noninterest-bearing deposits | 31,994,000 | 31,758,000 | 35,252,000 | 32,443,000 |
| Equity capital | 31,638,000 | 32,538,000 | 27,742,000 | 37,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,171,000 | 4,336,000 | 6,485,000 | 2,285,000 |
| Interest expense | 253,000 | 506,000 | 753,000 | 161,000 |
| Net interest income | 1,918,000 | 3,830,000 | 5,732,000 | 2,124,000 |
| Noninterest income | 627,000 | 1,230,000 | 1,894,000 | 639,000 |
| Noninterest expense | 1,652,000 | 3,411,000 | 5,147,000 | 1,970,000 |
| Provision for loan losses | 76,000 | 77,000 | 3,000 | 76,000 |
| Pretax income | 910,000 | 1,898,000 | 2,984,000 | 717,000 |
| Income tax | 224,000 | 477,000 | 773,000 | 161,000 |
| Net income | 686,000 | 1,421,000 | 2,211,000 | 556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,821,000 | 33,024,000 | 27,910,000 | 26,574,000 |
| Total capital | 34,825,000 | 35,045,000 | 29,854,000 | 26,632,000 |
| Risk-weighted assets | 160,306,000 | 161,673,000 | 163,197,000 | 153,025,000 |