Call reports 2007
SOUTHERN BANK OF TENNESSEE — 2007
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 84,827,000 | 86,498,000 | 91,322,000 | 94,633,000 |
| Total loans | 49,957,000 | 53,125,000 | 56,409,000 | 59,688,000 |
| Allowance for loan losses | 566,000 | 567,000 | 577,000 | 598,000 |
| Securities available for sale | 27,727,000 | 27,679,000 | 27,787,000 | 27,388,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,961,000 | 76,563,000 | 77,949,000 | 77,854,000 |
| Interest-bearing deposits | 65,158,000 | 68,890,000 | 69,477,000 | 68,499,000 |
| Noninterest-bearing deposits | 7,803,000 | 7,673,000 | 8,472,000 | 9,355,000 |
| Equity capital | 7,443,000 | 7,408,000 | 7,843,000 | 8,178,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,394,000 | 2,873,000 | 4,401,000 | 5,974,000 |
| Interest expense | 630,000 | 1,351,000 | 2,068,000 | 2,755,000 |
| Net interest income | 764,000 | 1,522,000 | 2,333,000 | 3,219,000 |
| Noninterest income | 100,000 | 192,000 | 280,000 | 371,000 |
| Noninterest expense | 670,000 | 1,352,000 | 2,003,000 | 2,635,000 |
| Provision for loan losses | 48,000 | 48,000 | 48,000 | 88,000 |
| Pretax income | 149,000 | 317,000 | 565,000 | 870,000 |
| Income tax | 14,000 | 41,000 | 105,000 | 170,000 |
| Net income | 135,000 | 276,000 | 460,000 | 700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,415,000 | 7,609,000 | 7,797,000 | 8,037,000 |
| Total capital | 7,981,000 | 8,176,000 | 8,374,000 | 8,635,000 |
| Risk-weighted assets | 59,347,000 | 61,941,000 | 64,268,000 | 67,649,000 |