Call reports 2009
SOUTHERN BANK OF TENNESSEE — 2009
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 79,547,000 | 79,916,000 | 78,777,000 | 77,330,000 |
| Total loans | 56,728,000 | 53,424,000 | 51,262,000 | 48,587,000 |
| Allowance for loan losses | 950,000 | 758,000 | 916,000 | 958,000 |
| Securities available for sale | 13,721,000 | 14,991,000 | 13,325,000 | 16,424,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,257,000 | 70,154,000 | 69,028,000 | 66,588,000 |
| Interest-bearing deposits | 63,088,000 | 64,316,000 | 62,585,000 | 60,161,000 |
| Noninterest-bearing deposits | 6,169,000 | 5,838,000 | 6,443,000 | 6,427,000 |
| Equity capital | 7,077,000 | 6,534,000 | 6,584,000 | 7,616,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,025,000 | 1,956,000 | 2,923,000 | 3,812,000 |
| Interest expense | 420,000 | 803,000 | 1,164,000 | 1,450,000 |
| Net interest income | 605,000 | 1,153,000 | 1,759,000 | 2,362,000 |
| Noninterest income | 84,000 | 120,000 | 189,000 | 285,000 |
| Noninterest expense | 693,000 | 1,361,000 | 1,935,000 | 2,630,000 |
| Provision for loan losses | 966,000 | 1,866,000 | 2,020,000 | 2,112,000 |
| Pretax income | -940,000 | -1,947,000 | -1,957,000 | -2,607,000 |
| Income tax | -374,000 | -728,000 | -722,000 | -151,000 |
| Net income | -566,000 | -1,219,000 | -1,235,000 | -2,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,611,000 | 6,958,000 | 6,502,000 | 7,742,000 |
| Total capital | 8,353,000 | 7,689,000 | 7,163,000 | 8,379,000 |
| Risk-weighted assets | 58,983,000 | 59,123,000 | 52,663,000 | 50,671,000 |