Call reports 2006
SOUTHERN BANK OF TENNESSEE — 2006
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 75,147,000 | 79,670,000 | 81,259,000 | 82,903,000 |
| Total loans | 43,994,000 | 42,179,000 | 43,647,000 | 45,876,000 |
| Allowance for loan losses | 499,000 | 501,000 | 504,000 | 527,000 |
| Securities available for sale | 23,250,000 | 25,480,000 | 29,834,000 | 31,386,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,092,000 | 70,515,000 | 71,747,000 | 73,160,000 |
| Interest-bearing deposits | 59,319,000 | 63,062,000 | 64,731,000 | 66,032,000 |
| Noninterest-bearing deposits | 6,773,000 | 7,454,000 | 7,016,000 | 7,128,000 |
| Equity capital | 6,640,000 | 6,758,000 | 7,066,000 | 7,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,125,000 | 2,341,000 | 3,638,000 | 5,002,000 |
| Interest expense | 385,000 | 877,000 | 1,437,000 | 2,051,000 |
| Net interest income | 740,000 | 1,464,000 | 2,201,000 | 2,951,000 |
| Noninterest income | 100,000 | 200,000 | 288,000 | 388,000 |
| Noninterest expense | 614,000 | 1,213,000 | 1,837,000 | 2,498,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 232,000 |
| Pretax income | 166,000 | 331,000 | 472,000 | 609,000 |
| Income tax | 35,000 | 59,000 | 73,000 | 62,000 |
| Net income | 131,000 | 272,000 | 399,000 | 547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,756,000 | 6,944,000 | 7,116,000 | 7,285,000 |
| Total capital | 7,255,000 | 7,445,000 | 7,620,000 | 7,812,000 |
| Risk-weighted assets | 52,342,000 | 54,021,000 | 53,391,000 | 54,263,000 |