Call reports 2001
SOUTHERN BANK OF TENNESSEE — 2001
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 43,039,000 | 46,625,000 | 50,594,000 | 52,170,000 |
| Total loans | 20,276,000 | 23,737,000 | 25,697,000 | 27,890,000 |
| Allowance for loan losses | 268,000 | 298,000 | 330,000 | 360,000 |
| Securities available for sale | 18,715,000 | 15,056,000 | 19,263,000 | 19,969,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,452,000 | 41,925,000 | 45,713,000 | 47,132,000 |
| Interest-bearing deposits | 36,316,000 | 39,916,000 | 43,760,000 | 44,427,000 |
| Noninterest-bearing deposits | 2,136,000 | 2,009,000 | 1,953,000 | 2,705,000 |
| Equity capital | 4,333,000 | 4,429,000 | 4,620,000 | 4,618,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 768,000 | 1,548,000 | 2,362,000 | 3,198,000 |
| Interest expense | 473,000 | 956,000 | 1,417,000 | 1,779,000 |
| Net interest income | 295,000 | 592,000 | 945,000 | 1,419,000 |
| Noninterest income | 16,000 | 47,000 | 71,000 | 101,000 |
| Noninterest expense | 250,000 | 502,000 | 755,000 | 1,017,000 |
| Provision for loan losses | 30,000 | 60,000 | 94,000 | 129,000 |
| Pretax income | 32,000 | 78,000 | 168,000 | 380,000 |
| Income tax | 0 | 0 | 0 | 66,000 |
| Net income | 32,000 | 78,000 | 168,000 | 314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,200,000 | 4,247,000 | 4,341,000 | 4,493,000 |
| Total capital | 4,468,000 | 4,545,000 | 4,671,000 | 4,853,000 |
| Risk-weighted assets | 22,672,000 | 25,456,000 | 27,990,000 | 29,990,000 |