Call reports 2020
HERITAGE SOUTHEAST BANK — 2020
What HERITAGE SOUTHEAST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,324,338,000 | 1,506,306,000 | 1,530,889,000 | 1,571,758,000 |
| Total loans | 929,295,000 | 1,053,994,000 | 1,052,875,000 | 1,068,032,000 |
| Allowance for loan losses | 8,330,000 | 10,772,000 | 12,925,000 | 14,117,000 |
| Securities available for sale | 133,520,000 | 131,429,000 | 157,045,000 | 169,329,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,135,333,000 | 1,296,663,000 | 1,325,309,000 | 1,366,441,000 |
| Interest-bearing deposits | 817,057,000 | 863,993,000 | 883,539,000 | 947,080,000 |
| Noninterest-bearing deposits | 318,276,000 | 432,670,000 | 441,770,000 | 419,361,000 |
| Equity capital | 161,549,000 | 178,745,000 | 180,258,000 | 181,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 14,526,000 | 28,230,000 | 42,202,000 | 56,577,000 |
| Interest expense | 2,095,000 | 3,802,000 | 5,281,000 | 6,552,000 |
| Net interest income | 12,431,000 | 24,428,000 | 36,921,000 | 50,025,000 |
| Noninterest income | 4,154,000 | 6,986,000 | 10,896,000 | 15,115,000 |
| Noninterest expense | 12,255,000 | 23,649,000 | 35,702,000 | 49,865,000 |
| Provision for loan losses | 2,550,000 | 5,100,000 | 7,650,000 | 9,350,000 |
| Pretax income | 2,352,000 | 3,978,000 | 5,778,000 | 7,238,000 |
| Income tax | 522,000 | 981,000 | 1,395,000 | 1,496,000 |
| Net income | 1,830,000 | 2,997,000 | 4,383,000 | 5,742,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,581,000 | 132,148,000 | 134,272,000 | 135,967,000 |
| Total capital | 121,911,000 | 142,920,000 | 147,197,000 | 150,084,000 |
| Risk-weighted assets | 1,073,403,000 | 1,102,101,000 | 1,109,726,000 | 1,137,823,000 |