Call reports 2014
SOUTHERN BANK OF TENNESSEE — 2014
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 173,567,000 | 182,086,000 | 191,624,000 | 192,173,000 |
| Total loans | 107,872,000 | 122,148,000 | 128,791,000 | 133,270,000 |
| Allowance for loan losses | 1,140,000 | 1,208,000 | 1,213,000 | 1,216,000 |
| Securities available for sale | 38,111,000 | 36,863,000 | 35,662,000 | 34,555,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,159,000 | 156,264,000 | 165,412,000 | 165,205,000 |
| Interest-bearing deposits | 129,548,000 | 140,728,000 | 148,796,000 | 148,068,000 |
| Noninterest-bearing deposits | 15,611,000 | 15,536,000 | 16,616,000 | 17,137,000 |
| Equity capital | 21,380,000 | 21,542,000 | 21,914,000 | 22,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,429,000 | 3,025,000 | 4,747,000 | 6,630,000 |
| Interest expense | 239,000 | 529,000 | 845,000 | 1,159,000 |
| Net interest income | 1,190,000 | 2,496,000 | 3,902,000 | 5,471,000 |
| Noninterest income | 100,000 | 293,000 | 539,000 | 1,087,000 |
| Noninterest expense | 1,522,000 | 3,075,000 | 4,645,000 | 6,135,000 |
| Provision for loan losses | 0 | 62,000 | 62,000 | 62,000 |
| Pretax income | -79,000 | -195,000 | -113,000 | 514,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -79,000 | -195,000 | -113,000 | 514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,093,000 | 19,984,000 | 20,099,000 | 20,734,000 |
| Total capital | 21,233,000 | 21,192,000 | 21,312,000 | 21,950,000 |
| Risk-weighted assets | 111,879,000 | 124,953,000 | 132,045,000 | 134,958,000 |