Call reports 2015
SOUTHERN HERITAGE BANK — 2015
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 250,161,000 | 269,504,000 | 267,858,000 | 261,738,000 |
| Total loans | 131,661,000 | 128,793,000 | 138,253,000 | 138,284,000 |
| Allowance for loan losses | 185,000 | 216,000 | 426,000 | 430,000 |
| Securities available for sale | 76,128,000 | 81,939,000 | 85,628,000 | 83,454,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,992,000 | 231,458,000 | 228,432,000 | 222,013,000 |
| Interest-bearing deposits | 179,173,000 | 195,617,000 | 190,944,000 | 185,788,000 |
| Noninterest-bearing deposits | 31,819,000 | 35,841,000 | 37,488,000 | 36,225,000 |
| Equity capital | 38,052,000 | 37,243,000 | 38,352,000 | 38,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,229,000 | 4,527,000 | 6,895,000 | 9,345,000 |
| Interest expense | 163,000 | 353,000 | 556,000 | 764,000 |
| Net interest income | 2,066,000 | 4,174,000 | 6,339,000 | 8,581,000 |
| Noninterest income | 776,000 | 1,526,000 | 2,348,000 | 3,002,000 |
| Noninterest expense | 1,959,000 | 3,983,000 | 6,003,000 | 8,069,000 |
| Provision for loan losses | 75,000 | 126,000 | 302,000 | 676,000 |
| Pretax income | 808,000 | 1,591,000 | 2,382,000 | 3,075,000 |
| Income tax | 214,000 | 403,000 | 585,000 | 666,000 |
| Net income | 594,000 | 1,188,000 | 1,797,000 | 2,409,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,221,000 | 28,523,000 | 28,943,000 | 29,137,000 |
| Total capital | 28,406,000 | 28,739,000 | 29,369,000 | 29,567,000 |
| Risk-weighted assets | 151,629,000 | 151,379,000 | 165,675,000 | 164,858,000 |