Call reports 2022
SOUTHERN BANK OF TENNESSEE — 2022
What SOUTHERN BANK OF TENNESSEE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 382,015,000 | 400,320,000 | 385,422,000 | 372,312,000 |
| Total loans | 245,100,000 | 253,707,000 | 257,822,000 | 264,055,000 |
| Allowance for loan losses | 2,387,000 | 2,387,000 | 2,387,000 | 2,387,000 |
| Securities available for sale | 54,236,000 | 69,002,000 | 65,729,000 | 65,427,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,620,000 | 357,325,000 | 343,263,000 | 328,890,000 |
| Interest-bearing deposits | 263,573,000 | 277,659,000 | 273,450,000 | 262,785,000 |
| Noninterest-bearing deposits | 75,047,000 | 79,666,000 | 69,813,000 | 66,105,000 |
| Equity capital | 42,914,000 | 41,663,000 | 41,530,000 | 42,585,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,392,000 | 6,796,000 | 10,713,000 | 14,948,000 |
| Interest expense | 275,000 | 546,000 | 1,025,000 | 1,878,000 |
| Net interest income | 3,117,000 | 6,250,000 | 9,688,000 | 13,070,000 |
| Noninterest income | 607,000 | 1,044,000 | 1,398,000 | 1,629,000 |
| Noninterest expense | 2,776,000 | 5,503,000 | 8,234,000 | 10,932,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 948,000 | 1,791,000 | 2,852,000 | 3,767,000 |
| Income tax | 62,000 | 117,000 | 187,000 | -33,000 |
| Net income | 886,000 | 1,674,000 | 2,665,000 | 3,800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,100,000 | 42,055,000 | 43,046,000 | 43,972,000 |
| Total capital | 44,487,000 | 44,442,000 | 45,433,000 | 46,359,000 |
| Risk-weighted assets | 280,292,000 | 290,727,000 | 296,589,000 | 296,129,000 |