Call reports 2017
SOUTH GEORGIA BANK — 2017
What SOUTH GEORGIA BANK 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 | 152,891,000 | 149,648,000 | 151,474,000 | 164,487,000 |
| Total loans | 92,149,000 | 93,176,000 | 94,245,000 | 94,669,000 |
| Allowance for loan losses | 1,457,000 | 1,538,000 | 1,579,000 | 1,626,000 |
| Securities available for sale | 28,999,000 | 30,730,000 | 31,497,000 | 32,356,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,992,000 | 130,810,000 | 132,171,000 | 145,023,000 |
| Interest-bearing deposits | 102,442,000 | 102,007,000 | 102,031,000 | 109,370,000 |
| Noninterest-bearing deposits | 32,550,000 | 28,803,000 | 30,140,000 | 35,653,000 |
| Equity capital | 16,646,000 | 17,431,000 | 17,662,000 | 17,797,000 |
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 | 1,906,000 | 3,919,000 | 5,892,000 | 7,929,000 |
| Interest expense | 176,000 | 353,000 | 534,000 | 764,000 |
| Net interest income | 1,730,000 | 3,566,000 | 5,358,000 | 7,165,000 |
| Noninterest income | 207,000 | 457,000 | 682,000 | 964,000 |
| Noninterest expense | 1,204,000 | 2,450,000 | 3,620,000 | 4,798,000 |
| Provision for loan losses | 30,000 | 30,000 | 52,000 | 97,000 |
| Pretax income | 747,000 | 1,587,000 | 2,412,000 | 3,280,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 747,000 | 1,587,000 | 2,412,000 | 3,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,884,000 | 17,224,000 | 17,549,000 | 17,916,000 |
| Total capital | 18,082,000 | 18,435,000 | 18,780,000 | 19,161,000 |
| Risk-weighted assets | 95,564,000 | 96,782,000 | 98,124,000 | 99,204,000 |