Call reports 2016
SOUTHERN HERITAGE BANK — 2016
What SOUTHERN HERITAGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 267,302,000 | 274,916,000 |
| Total loans | 136,450,000 | 136,545,000 |
| Allowance for loan losses | 519,000 | 546,000 |
| Securities available for sale | 88,554,000 | 86,483,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 226,647,000 | 233,674,000 |
| Interest-bearing deposits | 192,407,000 | 196,888,000 |
| Noninterest-bearing deposits | 34,240,000 | 36,786,000 |
| Equity capital | 39,788,000 | 40,449,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Interest income | 2,462,000 | 4,750,000 |
| Interest expense | 215,000 | 449,000 |
| Net interest income | 2,247,000 | 4,301,000 |
| Noninterest income | 664,000 | 1,503,000 |
| Noninterest expense | 1,966,000 | 4,238,000 |
| Provision for loan losses | 51,000 | 126,000 |
| Pretax income | 894,000 | 1,476,000 |
| Income tax | 242,000 | 363,000 |
| Net income | 652,000 | 1,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 29,832,000 | 29,785,000 |
| Total capital | 30,351,000 | 30,331,000 |
| Risk-weighted assets | 160,472,000 | 160,384,000 |