Call reports 2011
SOUTHERN BANK OF TENNESSEE — 2011
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 58,780,000 | 57,764,000 | 58,276,000 | 58,316,000 |
| Total loans | 36,164,000 | 35,308,000 | 33,770,000 | 33,128,000 |
| Allowance for loan losses | 965,000 | 983,000 | 871,000 | 842,000 |
| Securities available for sale | 12,227,000 | 12,364,000 | 11,501,000 | 11,466,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,853,000 | 48,516,000 | 48,819,000 | 48,528,000 |
| Interest-bearing deposits | 43,278,000 | 42,150,000 | 42,327,000 | 42,076,000 |
| Noninterest-bearing deposits | 6,575,000 | 6,366,000 | 6,492,000 | 6,452,000 |
| Equity capital | 5,804,000 | 6,108,000 | 6,289,000 | 6,347,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 625,000 | 1,261,000 | 1,882,000 | 2,465,000 |
| Interest expense | 81,000 | 156,000 | 227,000 | 294,000 |
| Net interest income | 544,000 | 1,105,000 | 1,655,000 | 2,171,000 |
| Noninterest income | 98,000 | 179,000 | 305,000 | 393,000 |
| Noninterest expense | 528,000 | 1,051,000 | 1,527,000 | 2,031,000 |
| Provision for loan losses | 30,000 | 60,000 | 152,000 | 172,000 |
| Pretax income | 113,000 | 201,000 | 310,000 | 390,000 |
| Income tax | 5,000 | 10,000 | 12,000 | 12,000 |
| Net income | 108,000 | 191,000 | 298,000 | 378,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,066,000 | 6,149,000 | 6,256,000 | 6,336,000 |
| Total capital | 6,532,000 | 6,602,000 | 6,711,000 | 6,779,000 |
| Risk-weighted assets | 36,742,000 | 35,698,000 | 35,949,000 | 35,075,000 |