Call reports 2017
SOUTHERN BANK OF TENNESSEE — 2017
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 243,424,000 | 253,437,000 | 258,085,000 | 258,899,000 |
| Total loans | 181,626,000 | 184,402,000 | 190,079,000 | 197,807,000 |
| Allowance for loan losses | 1,519,000 | 1,542,000 | 1,579,000 | 1,643,000 |
| Securities available for sale | 24,504,000 | 25,102,000 | 24,035,000 | 33,328,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 212,683,000 | 221,767,000 | 227,185,000 | 227,354,000 |
| Interest-bearing deposits | 185,628,000 | 191,874,000 | 194,611,000 | 197,949,000 |
| Noninterest-bearing deposits | 27,055,000 | 29,893,000 | 32,574,000 | 29,405,000 |
| Equity capital | 26,862,000 | 27,760,000 | 28,472,000 | 29,170,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,458,000 | 5,032,000 | 7,790,000 | 10,589,000 |
| Interest expense | 367,000 | 766,000 | 1,186,000 | 1,618,000 |
| Net interest income | 2,091,000 | 4,266,000 | 6,604,000 | 8,971,000 |
| Noninterest income | 332,000 | 757,000 | 1,201,000 | 1,644,000 |
| Noninterest expense | 1,833,000 | 3,739,000 | 5,707,000 | 7,636,000 |
| Provision for loan losses | 23,000 | 46,000 | 75,000 | 139,000 |
| Pretax income | 567,000 | 1,238,000 | 2,033,000 | 2,850,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 567,000 | 1,238,000 | 2,033,000 | 2,850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,724,000 | 25,450,000 | 26,160,000 | 26,977,000 |
| Total capital | 26,243,000 | 26,992,000 | 27,739,000 | 28,620,000 |
| Risk-weighted assets | 185,294,000 | 190,094,000 | 195,455,000 | 210,147,000 |