Call reports 2024
SOUTHEAST BANK — 2024
What SOUTHEAST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,861,069,000 | 2,849,001,000 | 2,860,974,000 | 2,975,060,000 |
| Total loans | 2,470,789,000 | 2,367,376,000 | 2,409,130,000 | 2,477,829,000 |
| Allowance for loan losses | 18,881,000 | 19,264,000 | 19,927,000 | 16,659,000 |
| Securities available for sale | 523,000 | 519,000 | 533,000 | 510,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,570,905,000 | 2,546,368,000 | 2,546,520,000 | 2,664,527,000 |
| Interest-bearing deposits | 2,415,825,000 | 2,375,156,000 | 2,366,103,000 | 2,480,886,000 |
| Noninterest-bearing deposits | 155,080,000 | 171,212,000 | 180,417,000 | 183,641,000 |
| Equity capital | 244,015,000 | 253,043,000 | 258,464,000 | 263,827,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 47,295,000 | 96,821,000 | 145,242,000 | 191,665,000 |
| Interest expense | 22,650,000 | 44,958,000 | 66,137,000 | 86,744,000 |
| Net interest income | 24,645,000 | 51,863,000 | 79,105,000 | 104,921,000 |
| Noninterest income | 1,635,000 | 5,825,000 | 8,549,000 | 6,490,000 |
| Noninterest expense | 17,751,000 | 34,925,000 | 53,206,000 | 75,650,000 |
| Provision for loan losses | 553,000 | 3,003,000 | 5,151,000 | 2,600,000 |
| Pretax income | 8,122,000 | 19,925,000 | 29,305,000 | 33,264,000 |
| Income tax | 2,008,000 | 4,781,000 | 7,650,000 | 6,233,000 |
| Net income | 6,114,000 | 15,144,000 | 21,655,000 | 27,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 243,772,000 | 252,811,000 | 258,228,000 | 263,611,000 |
| Total capital | 264,462,000 | 273,865,000 | 280,101,000 | 282,122,000 |
| Risk-weighted assets | 1,980,112,000 | 1,804,905,000 | 1,849,609,000 | 1,892,906,000 |