Call reports 2005
SOUTHERN BANK OF TENNESSEE — 2005
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 69,195,000 | 68,772,000 | 71,854,000 | 73,313,000 |
| Total loans | 38,748,000 | 40,391,000 | 42,012,000 | 43,303,000 |
| Allowance for loan losses | 500,000 | 500,000 | 504,000 | 498,000 |
| Securities available for sale | 23,893,000 | 22,956,000 | 20,883,000 | 23,322,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,695,000 | 60,630,000 | 64,813,000 | 64,898,000 |
| Interest-bearing deposits | 56,782,000 | 54,164,000 | 58,231,000 | 58,679,000 |
| Noninterest-bearing deposits | 5,913,000 | 6,466,000 | 6,582,000 | 6,219,000 |
| Equity capital | 6,278,000 | 6,460,000 | 6,523,000 | 6,555,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 919,000 | 1,860,000 | 2,878,000 | 3,938,000 |
| Interest expense | 224,000 | 489,000 | 795,000 | 1,148,000 |
| Net interest income | 695,000 | 1,371,000 | 2,083,000 | 2,790,000 |
| Noninterest income | 81,000 | 158,000 | 256,000 | 339,000 |
| Noninterest expense | 570,000 | 1,170,000 | 1,803,000 | 2,455,000 |
| Provision for loan losses | 33,000 | 39,000 | 99,000 | 165,000 |
| Pretax income | 173,000 | 320,000 | 438,000 | 510,000 |
| Income tax | 50,000 | 82,000 | 95,000 | 82,000 |
| Net income | 123,000 | 238,000 | 343,000 | 428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,263,000 | 6,378,000 | 6,494,000 | 6,628,000 |
| Total capital | 6,763,000 | 6,878,000 | 6,998,000 | 7,126,000 |
| Risk-weighted assets | 49,114,000 | 49,867,000 | 50,748,000 | 50,658,000 |