Call reports 2002
SOUTHERN BANK OF TENNESSEE — 2002
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 52,495,000 | 55,269,000 | 58,352,000 | 60,279,000 |
| Total loans | 30,718,000 | 34,471,000 | 36,064,000 | 37,345,000 |
| Allowance for loan losses | 386,000 | 420,000 | 446,000 | 469,000 |
| Securities available for sale | 18,301,000 | 16,230,000 | 17,594,000 | 16,969,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,371,000 | 49,782,000 | 51,369,000 | 54,345,000 |
| Interest-bearing deposits | 44,493,000 | 46,291,000 | 48,098,000 | 50,540,000 |
| Noninterest-bearing deposits | 2,878,000 | 3,491,000 | 3,271,000 | 3,805,000 |
| Equity capital | 4,696,000 | 4,916,000 | 5,101,000 | 5,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 818,000 | 1,659,000 | 2,538,000 | 3,413,000 |
| Interest expense | 306,000 | 602,000 | 902,000 | 1,177,000 |
| Net interest income | 512,000 | 1,057,000 | 1,636,000 | 2,236,000 |
| Noninterest income | 33,000 | 66,000 | 97,000 | 131,000 |
| Noninterest expense | 274,000 | 592,000 | 959,000 | 1,340,000 |
| Provision for loan losses | 30,000 | 64,000 | 103,000 | 133,000 |
| Pretax income | 241,000 | 467,000 | 680,000 | 903,000 |
| Income tax | 99,000 | 194,000 | 270,000 | 340,000 |
| Net income | 142,000 | 273,000 | 410,000 | 563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,635,000 | 4,766,000 | 4,907,000 | 5,081,000 |
| Total capital | 5,021,000 | 5,186,000 | 5,353,000 | 5,550,000 |
| Risk-weighted assets | 32,507,000 | 36,105,000 | 37,967,000 | 40,402,000 |