Call reports 2018
SOUTHERN BANK OF TENNESSEE — 2018
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 268,245,000 | 267,325,000 | 271,073,000 | 282,658,000 |
| Total loans | 206,994,000 | 207,208,000 | 210,774,000 | 205,190,000 |
| Allowance for loan losses | 1,731,000 | 1,725,000 | 1,853,000 | 1,853,000 |
| Securities available for sale | 25,162,000 | 24,235,000 | 23,305,000 | 22,612,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,268,000 | 236,393,000 | 235,852,000 | 244,614,000 |
| Interest-bearing deposits | 203,038,000 | 205,436,000 | 203,382,000 | 208,191,000 |
| Noninterest-bearing deposits | 33,230,000 | 30,957,000 | 32,470,000 | 36,423,000 |
| Equity capital | 29,660,000 | 30,284,000 | 34,397,000 | 37,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,969,000 | 6,018,000 | 9,307,000 | 12,585,000 |
| Interest expense | 458,000 | 985,000 | 1,565,000 | 2,247,000 |
| Net interest income | 2,511,000 | 5,033,000 | 7,742,000 | 10,338,000 |
| Noninterest income | 328,000 | 814,000 | 1,376,000 | 1,672,000 |
| Noninterest expense | 1,943,000 | 3,968,000 | 6,140,000 | 8,388,000 |
| Provision for loan losses | 81,000 | 81,000 | 209,000 | 209,000 |
| Pretax income | 792,000 | 1,775,000 | 2,746,000 | 3,473,000 |
| Income tax | 23,000 | 89,000 | 152,000 | 179,000 |
| Net income | 769,000 | 1,686,000 | 2,594,000 | 3,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,651,000 | 28,267,000 | 32,412,000 | 34,865,000 |
| Total capital | 29,382,000 | 29,992,000 | 34,265,000 | 36,718,000 |
| Risk-weighted assets | 212,249,000 | 213,169,000 | 218,337,000 | 218,422,000 |