Call reports 2004
SOUTHERN BANK OF TENNESSEE — 2004
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 69,728,000 | 69,420,000 | 69,717,000 | 73,000,000 |
| Total loans | 38,573,000 | 40,884,000 | 40,981,000 | 40,470,000 |
| Allowance for loan losses | 455,000 | 469,000 | 472,000 | 496,000 |
| Securities available for sale | 22,690,000 | 21,603,000 | 21,724,000 | 23,107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,039,000 | 63,511,000 | 63,295,000 | 66,456,000 |
| Interest-bearing deposits | 58,693,000 | 58,169,000 | 58,403,000 | 61,242,000 |
| Noninterest-bearing deposits | 4,346,000 | 5,342,000 | 4,892,000 | 5,215,000 |
| Equity capital | 6,137,000 | 5,712,000 | 6,135,000 | 6,282,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 890,000 | 1,759,000 | 2,655,000 | 3,561,000 |
| Interest expense | 179,000 | 366,000 | 554,000 | 761,000 |
| Net interest income | 711,000 | 1,393,000 | 2,101,000 | 2,800,000 |
| Noninterest income | 77,000 | 152,000 | 236,000 | 310,000 |
| Noninterest expense | 487,000 | 1,008,000 | 1,532,000 | 2,072,000 |
| Provision for loan losses | 65,000 | 363,000 | 423,000 | 483,000 |
| Pretax income | 246,000 | 189,000 | 397,000 | 570,000 |
| Income tax | 75,000 | 34,000 | 93,000 | 138,000 |
| Net income | 171,000 | 155,000 | 304,000 | 432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,858,000 | 5,849,000 | 5,998,000 | 6,143,000 |
| Total capital | 6,313,000 | 6,318,000 | 6,470,000 | 6,639,000 |
| Risk-weighted assets | 45,423,000 | 47,046,000 | 47,938,000 | 50,253,000 |