Call reports 2004
HERITAGE SOUTHEAST BANK — 2004
What HERITAGE SOUTHEAST BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 334,886,000 | 334,516,000 | 339,539,000 | 339,522,000 |
| Total loans | 249,942,000 | 256,285,000 | 258,316,000 | 260,127,000 |
| Allowance for loan losses | 2,894,000 | 3,114,000 | 3,219,000 | 3,161,000 |
| Securities available for sale | 38,407,000 | 44,576,000 | 43,278,000 | 41,639,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 292,302,000 | 292,101,000 | 300,968,000 | 294,971,000 |
| Interest-bearing deposits | 256,882,000 | 257,605,000 | 263,592,000 | 260,700,000 |
| Noninterest-bearing deposits | 35,420,000 | 34,497,000 | 37,376,000 | 34,271,000 |
| Equity capital | 23,652,000 | 26,005,000 | 27,101,000 | 27,617,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,394,000 | 8,993,000 | 13,537,000 | 18,225,000 |
| Interest expense | 1,194,000 | 2,487,000 | 3,804,000 | 5,189,000 |
| Net interest income | 3,200,000 | 6,506,000 | 9,733,000 | 13,036,000 |
| Noninterest income | 366,000 | 1,408,000 | 1,829,000 | 2,245,000 |
| Noninterest expense | 2,319,000 | 4,728,000 | 7,179,000 | 9,805,000 |
| Provision for loan losses | 290,000 | 590,000 | 770,000 | 905,000 |
| Pretax income | 957,000 | 2,598,000 | 3,614,000 | 4,572,000 |
| Income tax | 312,000 | 850,000 | 1,170,000 | 1,470,000 |
| Net income | 645,000 | 1,748,000 | 2,444,000 | 3,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,287,000 | 26,284,000 | 26,990,000 | 27,640,000 |
| Total capital | 26,181,000 | 29,398,000 | 30,209,000 | 30,801,000 |
| Risk-weighted assets | 261,190,000 | 282,074,000 | 283,394,000 | 284,704,000 |