Call reports 2016
SOUTH GEORGIA BANK — 2016
What SOUTH GEORGIA BANK 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 | 141,255,000 | 139,776,000 | 143,196,000 | 150,027,000 |
| Total loans | 91,148,000 | 90,907,000 | 87,594,000 | 89,111,000 |
| Allowance for loan losses | 1,378,000 | 1,351,000 | 1,355,000 | 1,431,000 |
| Securities available for sale | 19,955,000 | 24,991,000 | 24,637,000 | 28,438,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,353,000 | 120,249,000 | 122,697,000 | 129,489,000 |
| Interest-bearing deposits | 96,187,000 | 94,028,000 | 93,249,000 | 95,000,000 |
| Noninterest-bearing deposits | 26,166,000 | 26,221,000 | 29,448,000 | 34,489,000 |
| Equity capital | 15,447,000 | 16,071,000 | 16,542,000 | 16,282,000 |
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 | 1,860,000 | 3,809,000 | 5,691,000 | 7,561,000 |
| Interest expense | 184,000 | 371,000 | 557,000 | 741,000 |
| Net interest income | 1,676,000 | 3,438,000 | 5,134,000 | 6,820,000 |
| Noninterest income | 213,000 | 439,000 | 1,295,000 | 2,255,000 |
| Noninterest expense | 1,143,000 | 2,273,000 | 3,813,000 | 5,328,000 |
| Provision for loan losses | 45,000 | 45,000 | 45,000 | 45,000 |
| Pretax income | 701,000 | 1,563,000 | 2,565,000 | 3,713,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 701,000 | 1,563,000 | 2,565,000 | 3,713,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,925,000 | 15,387,000 | 15,888,000 | 16,637,000 |
| Total capital | 16,099,000 | 16,576,000 | 17,022,000 | 17,817,000 |
| Risk-weighted assets | 93,745,000 | 94,976,000 | 90,495,000 | 94,185,000 |