Call reports 2019
SOUTHERN BANK OF TENNESSEE — 2019
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 283,465,000 | 284,201,000 | 288,757,000 | 300,816,000 |
| Total loans | 206,810,000 | 214,108,000 | 216,688,000 | 213,937,000 |
| Allowance for loan losses | 1,853,000 | 1,853,000 | 1,860,000 | 1,960,000 |
| Securities available for sale | 27,875,000 | 29,312,000 | 28,655,000 | 26,708,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,404,000 | 243,969,000 | 247,658,000 | 259,018,000 |
| Interest-bearing deposits | 211,893,000 | 210,756,000 | 211,159,000 | 221,008,000 |
| Noninterest-bearing deposits | 32,511,000 | 33,213,000 | 36,499,000 | 38,010,000 |
| Equity capital | 38,144,000 | 38,483,000 | 39,839,000 | 40,586,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,342,000 | 6,796,000 | 10,296,000 | 13,839,000 |
| Interest expense | 771,000 | 1,614,000 | 2,512,000 | 3,400,000 |
| Net interest income | 2,571,000 | 5,182,000 | 7,784,000 | 10,439,000 |
| Noninterest income | 551,000 | 1,100,000 | 1,623,000 | 2,327,000 |
| Noninterest expense | 2,162,000 | 4,458,000 | 6,758,000 | 9,204,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 960,000 | 1,824,000 | 2,649,000 | 3,469,000 |
| Income tax | 59,000 | 120,000 | 174,000 | 228,000 |
| Net income | 901,000 | 1,704,000 | 2,475,000 | 3,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,937,000 | 36,117,000 | 37,385,000 | 38,150,000 |
| Total capital | 37,790,000 | 37,970,000 | 39,245,000 | 40,110,000 |
| Risk-weighted assets | 221,101,000 | 233,440,000 | 239,552,000 | 238,141,000 |