Call reports 2012
SOUTHERN BANK OF TENNESSEE — 2012
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 58,617,000 | 66,547,000 | 88,841,000 | 112,967,000 |
| Total loans | 32,349,000 | 30,846,000 | 38,606,000 | 48,495,000 |
| Allowance for loan losses | 757,000 | 760,000 | 601,000 | 655,000 |
| Securities available for sale | 10,348,000 | 6,491,000 | 6,762,000 | 13,162,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,132,000 | 56,719,000 | 63,112,000 | 87,596,000 |
| Interest-bearing deposits | 41,806,000 | 41,169,000 | 53,854,000 | 77,198,000 |
| Noninterest-bearing deposits | 7,326,000 | 15,550,000 | 9,258,000 | 10,398,000 |
| Equity capital | 6,406,000 | 6,762,000 | 23,905,000 | 23,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 555,000 | 1,168,000 | 517,000 | 1,153,000 |
| Interest expense | 63,000 | 122,000 | 75,000 | 176,000 |
| Net interest income | 492,000 | 1,046,000 | 442,000 | 977,000 |
| Noninterest income | 72,000 | 135,000 | 66,000 | 107,000 |
| Noninterest expense | 468,000 | 917,000 | 1,134,000 | 2,370,000 |
| Provision for loan losses | 15,000 | 15,000 | 595,000 | 647,000 |
| Pretax income | 81,000 | 550,000 | -1,221,000 | -1,933,000 |
| Income tax | 4,000 | 8,000 | 0 | -2,000 |
| Net income | 77,000 | 542,000 | -1,221,000 | -1,931,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,413,000 | 6,877,000 | 21,389,000 | 21,067,000 |
| Total capital | 6,836,000 | 7,267,000 | 21,915,000 | 21,699,000 |
| Risk-weighted assets | 33,535,000 | 30,859,000 | 41,998,000 | 50,657,000 |