Call reports 2003
HERITAGE SOUTHEAST BANK — 2003
What HERITAGE SOUTHEAST BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 264,888,000 | 286,296,000 | 290,975,000 | 294,989,000 |
| Total loans | 201,929,000 | 202,732,000 | 217,580,000 | 231,027,000 |
| Allowance for loan losses | 2,389,000 | 2,435,000 | 2,565,000 | 2,693,000 |
| Securities available for sale | 28,980,000 | 39,857,000 | 45,206,000 | 36,524,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,678,000 | 245,125,000 | 249,871,000 | 252,234,000 |
| Interest-bearing deposits | 211,274,000 | 210,906,000 | 220,510,000 | 221,903,000 |
| Noninterest-bearing deposits | 24,404,000 | 34,219,000 | 29,361,000 | 30,331,000 |
| Equity capital | 21,371,000 | 22,026,000 | 22,331,000 | 22,872,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,902,000 | 7,851,000 | 11,874,000 | 16,044,000 |
| Interest expense | 1,241,000 | 2,468,000 | 3,643,000 | 4,766,000 |
| Net interest income | 2,661,000 | 5,383,000 | 8,231,000 | 11,278,000 |
| Noninterest income | 378,000 | 779,000 | 1,163,000 | 1,641,000 |
| Noninterest expense | 2,004,000 | 4,029,000 | 6,156,000 | 8,560,000 |
| Provision for loan losses | 135,000 | 270,000 | 405,000 | 540,000 |
| Pretax income | 934,000 | 1,897,000 | 2,890,000 | 3,881,000 |
| Income tax | 302,000 | 615,000 | 939,000 | 1,262,000 |
| Net income | 632,000 | 1,282,000 | 1,951,000 | 2,619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,065,000 | 21,592,000 | 22,004,000 | 22,656,000 |
| Total capital | 23,454,000 | 24,027,000 | 24,569,000 | 25,349,000 |
| Risk-weighted assets | 215,487,000 | 222,925,000 | 229,003,000 | 240,921,000 |