Call reports 2008
HERITAGE SOUTHEAST BANK — 2008
What HERITAGE SOUTHEAST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 431,176,000 | 443,863,000 | 457,492,000 | 462,283,000 |
| Total loans | 308,941,000 | 312,686,000 | 314,728,000 | 312,645,000 |
| Allowance for loan losses | 3,781,000 | 4,994,000 | 6,172,000 | 5,784,000 |
| Securities available for sale | 72,272,000 | 69,263,000 | 66,729,000 | 73,199,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 360,859,000 | 375,508,000 | 400,548,000 | 408,400,000 |
| Interest-bearing deposits | 322,003,000 | 335,266,000 | 361,966,000 | 374,261,000 |
| Noninterest-bearing deposits | 38,856,000 | 40,242,000 | 38,582,000 | 34,139,000 |
| Equity capital | 37,968,000 | 36,854,000 | 35,516,000 | 35,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,595,000 | 12,718,000 | 18,627,000 | 24,155,000 |
| Interest expense | 2,783,000 | 5,382,000 | 8,053,000 | 10,838,000 |
| Net interest income | 3,812,000 | 7,336,000 | 10,574,000 | 13,317,000 |
| Noninterest income | 640,000 | 2,369,000 | 2,490,000 | 2,951,000 |
| Noninterest expense | 4,175,000 | 7,378,000 | 10,456,000 | 13,719,000 |
| Provision for loan losses | 850,000 | 2,100,000 | 4,350,000 | 6,850,000 |
| Pretax income | -545,000 | 335,000 | -1,606,000 | -4,165,000 |
| Income tax | -208,000 | 93,000 | -597,000 | -1,878,000 |
| Net income | -337,000 | 242,000 | -1,009,000 | -2,287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,436,000 | 37,016,000 | 35,765,000 | 34,487,000 |
| Total capital | 40,217,000 | 41,429,000 | 40,217,000 | 38,939,000 |
| Risk-weighted assets | 353,419,000 | 354,038,000 | 354,446,000 | 355,196,000 |