Call reports 2010
SOUTHERN BANK OF TENNESSEE — 2010
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 74,890,000 | 70,677,000 | 67,344,000 | 62,671,000 |
| Total loans | 46,353,000 | 44,292,000 | 40,565,000 | 36,438,000 |
| Allowance for loan losses | 953,000 | 968,000 | 952,000 | 935,000 |
| Securities available for sale | 17,184,000 | 13,134,000 | 11,047,000 | 14,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,344,000 | 60,459,000 | 57,438,000 | 53,768,000 |
| Interest-bearing deposits | 56,892,000 | 53,007,000 | 49,151,000 | 45,856,000 |
| Noninterest-bearing deposits | 7,452,000 | 7,452,000 | 8,287,000 | 7,912,000 |
| Equity capital | 7,470,000 | 7,105,000 | 6,791,000 | 5,745,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 816,000 | 1,625,000 | 2,437,000 | 3,235,000 |
| Interest expense | 242,000 | 455,000 | 627,000 | 746,000 |
| Net interest income | 574,000 | 1,170,000 | 1,810,000 | 2,489,000 |
| Noninterest income | 136,000 | 202,000 | 299,000 | 379,000 |
| Noninterest expense | 662,000 | 1,514,000 | 2,215,000 | 2,864,000 |
| Provision for loan losses | 204,000 | 457,000 | 817,000 | 1,773,000 |
| Pretax income | -156,000 | -585,000 | -923,000 | -1,769,000 |
| Income tax | 6,000 | 12,000 | 18,000 | 24,000 |
| Net income | -162,000 | -597,000 | -941,000 | -1,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,573,000 | 7,149,000 | 6,809,000 | 5,957,000 |
| Total capital | 8,210,000 | 7,726,000 | 7,331,000 | 6,421,000 |
| Risk-weighted assets | 51,234,000 | 45,800,000 | 41,326,000 | 36,684,000 |