Southern Heritage Bank in Jonesville, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Southern Heritage Bank in Jonesville, Louisiana (LA)
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Southern Heritage Bank - Overview

  • General
  • FDIC Certificate #: 20698
    Status: Active
    Federal Reserve ID: 935559
    Date Established: May 25, 1972
    WWW: http://www.shbnet.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    FDIC's unique #: 14293
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 25, 1972
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: Fourth And West Park Streets, Jonesville, LA 71343
    County: Catahoula
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $273.9 mil
    Equity capital: $30.9 mil
    Deposits held in domestic offices: $239.0 mil
    Return on assets (ROA): 0.97% ($2.7 mil)
    Quarterly return on assets: 0.41% ($1.1 mil)
    Return on Equity (ROE): 8.78% ($2.7 mil)
    Quarterly return on equity: 3.53% ($1.1 mil)
    Net income: $2.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.44% ($3,944.8 mil)
    Quarterly Pretax return on assets: 0.95% ($2,602.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 91Total employees (full-time equivalent)
  • $273,946Total assets
  • $25,593Cash and due from depository institutions
  • $19,748Interest-bearing balances
  • $88,590Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $148,325Net loans & leases
  • $2,002Loan loss allowance
  • $0Trading account assets
  • $7,469Bank premises and fixed assets
  • $1,145Other real estate owned
  • $0Goodwill and other intangibles
  • $273,946Life insurance assets
  • $2,824All other assets
  • $243,004Total liabilities and capital
  • $238,990Total liabilities
  • $189,845Total deposits
  • $238,990Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 557.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $1,457Subordinated debt
  • $30,942All other liabilities
  • $30,942Total equity capital
  • $30,942Total bank equity capital
  • $0Perpetual preferred stock
  • $317Common stock
  • $10,000Surplus
  • $20,625Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,376Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,659Income earned, not collected on loans
  • $0Earning assets
  • $1,223Long-term assets (5+ years)
  • $256,663Average Assets, year-to-date
  • $64,810Average Assets, quarterly
  • $264,035Volatile liabilities
  • $268,490Insider loans
  • $142,246FHLB advances
  • $261,441Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $29,385Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,443Restructured Loans and leases
  • $596Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,487Total interest income
  • $1,969Total interest expense
  • $10,518Net interest income
  • $722Provision for loan and lease losses
  • $2,199Total noninterest income
  • $0Fiduciary activities
  • $1,193Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,006Additional noninterest income
  • $8,187Total noninterest expense
  • $4,829Salaries and employee benefits
  • $975Premises and equipment expense
  • $2,383Additional noninterest expense
  • $3,808Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,249Applicable income taxes
  • $2,559Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,559Net income attributable to bank
  • $0Net charge-offs
  • $2,559Cash dividends
  • $279Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.05%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 4.25%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 3.31%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 8.78%Return on equity (ROE)
  • 8.78%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 258.78%Credit loss provision to net charge-offs
  • 16.24%Efficiency ratio
  • 64,378Assets per employee
  • 3.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 120.68%Noncurrent assets plus other real estate owned to assets
  • 1.02%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 62.06%Net loans and leases to core deposits
  • 64.32%Equity capital to assets
  • 11.29%Core capital (leverage) ratio
  • 11.24%Tier 1 risk-based capital ratio
  • 20.66%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $264,035Average earning assets
  • $29,149Average equity
  • $247,253Average loans

List of branches

  • 9 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014293Southern Heritage BankFourth And West Park Streets, Jonesville, LA 71343May 25, 1972Full Service Brick and Mortar
    1251572Harrisonburg BranchState Highway 8 And Short Street, Harrisonburg, LA 71340September 17, 1984Full Service Brick and Mortar
    35609Jena Office2832 E Oak St., Jena, LA 71342March 05, 1925Full Service Brick and Mortar
    4219008Tullos BranchOld Highway 165, Tullos, LA 71479May 14, 1948Full Service Brick and Mortar
    67540Olla Branch1409 Central Avenue, Olla, LA 71465September 05, 1933Full Service Brick and Mortar
    8362623North Rapides Office Branch4617 Monroe Highway, Pineville, LA 71360September 05, 2001Full Service Brick and Mortar
    10419033Pineville Branch3596 Highway 28 East, Pineville, LA 71361May 27, 2003Full Service Brick and Mortar
    11443746Jackson Street Office5211 Jackson Street, Alexandria, LA 71303August 01, 2005Full Service Brick and Mortar
    12454538Coliseum Blvd Office Branch5617 Coliseum Blvd, Alexandria, LA 71303May 25, 2006Full Service Brick and Mortar

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