Call reports 2015
SOUTHERN BANK OF TENNESSEE — 2015
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 198,446,000 | 203,443,000 | 210,028,000 | 216,611,000 |
| Total loans | 134,948,000 | 140,652,000 | 154,406,000 | 163,380,000 |
| Allowance for loan losses | 1,101,000 | 1,133,000 | 1,179,000 | 1,311,000 |
| Securities available for sale | 33,356,000 | 33,085,000 | 31,777,000 | 27,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,146,000 | 176,146,000 | 182,144,000 | 188,434,000 |
| Interest-bearing deposits | 154,571,000 | 156,559,000 | 161,540,000 | 167,755,000 |
| Noninterest-bearing deposits | 16,575,000 | 19,587,000 | 20,604,000 | 20,679,000 |
| Equity capital | 23,210,000 | 23,173,000 | 23,730,000 | 24,076,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,772,000 | 3,620,000 | 5,647,000 | 7,756,000 |
| Interest expense | 308,000 | 610,000 | 931,000 | 1,259,000 |
| Net interest income | 1,464,000 | 3,010,000 | 4,716,000 | 6,497,000 |
| Noninterest income | 268,000 | 549,000 | 894,000 | 1,225,000 |
| Noninterest expense | 1,511,000 | 3,051,000 | 4,670,000 | 6,317,000 |
| Provision for loan losses | 0 | 20,000 | 58,000 | 167,000 |
| Pretax income | 221,000 | 489,000 | 883,000 | 1,243,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 221,000 | 489,000 | 883,000 | 1,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,987,000 | 21,262,000 | 21,664,000 | 22,032,000 |
| Total capital | 22,088,000 | 22,394,000 | 22,843,000 | 23,343,000 |
| Risk-weighted assets | 139,137,000 | 144,696,000 | 159,651,000 | 167,215,000 |