Call reports 2016
SOUTHERN BANK OF TENNESSEE — 2016
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 217,239,000 | 227,156,000 | 237,508,000 | 238,655,000 |
| Total loans | 164,827,000 | 168,876,000 | 176,154,000 | 181,431,000 |
| Allowance for loan losses | 1,430,000 | 1,442,000 | 1,445,000 | 1,488,000 |
| Securities available for sale | 26,782,000 | 25,329,000 | 24,367,000 | 25,211,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,544,000 | 197,655,000 | 207,483,000 | 208,348,000 |
| Interest-bearing deposits | 168,345,000 | 174,522,000 | 178,765,000 | 182,200,000 |
| Noninterest-bearing deposits | 20,199,000 | 23,133,000 | 28,718,000 | 26,148,000 |
| Equity capital | 24,666,000 | 25,264,000 | 26,009,000 | 26,318,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,180,000 | 4,419,000 | 6,767,000 | 9,159,000 |
| Interest expense | 338,000 | 690,000 | 1,050,000 | 1,418,000 |
| Net interest income | 1,842,000 | 3,729,000 | 5,717,000 | 7,741,000 |
| Noninterest income | 270,000 | 749,000 | 1,234,000 | 1,640,000 |
| Noninterest expense | 1,650,000 | 3,468,000 | 5,315,000 | 7,125,000 |
| Provision for loan losses | 0 | 0 | 0 | 40,000 |
| Pretax income | 462,000 | 1,010,000 | 1,636,000 | 2,216,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 462,000 | 1,010,000 | 1,636,000 | 2,216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,502,000 | 22,869,000 | 23,654,000 | 24,239,000 |
| Total capital | 23,932,000 | 24,311,000 | 25,099,000 | 25,727,000 |
| Risk-weighted assets | 165,942,000 | 174,388,000 | 181,937,000 | 184,467,000 |