Call reports 2018
SOUTH GEORGIA BANK — 2018
What SOUTH GEORGIA BANK 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 | 161,525,000 | 159,710,000 | 153,299,000 | 159,559,000 |
| Total loans | 97,446,000 | 99,228,000 | 96,968,000 | 96,140,000 |
| Allowance for loan losses | 1,646,000 | 1,674,000 | 1,691,000 | 2,184,000 |
| Securities available for sale | 33,057,000 | 32,726,000 | 32,117,000 | 32,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,170,000 | 140,045,000 | 133,199,000 | 138,499,000 |
| Interest-bearing deposits | 105,699,000 | 104,452,000 | 98,009,000 | 110,305,000 |
| Noninterest-bearing deposits | 36,471,000 | 35,593,000 | 35,190,000 | 28,194,000 |
| Equity capital | 17,543,000 | 17,752,000 | 17,707,000 | 18,487,000 |
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 | 2,079,000 | 4,203,000 | 6,318,000 | 8,410,000 |
| Interest expense | 197,000 | 400,000 | 607,000 | 849,000 |
| Net interest income | 1,882,000 | 3,803,000 | 5,711,000 | 7,561,000 |
| Noninterest income | 201,000 | 406,000 | 1,019,000 | 1,266,000 |
| Noninterest expense | 1,158,000 | 2,352,000 | 3,925,000 | 5,077,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 913,000 | 1,837,000 | 2,785,000 | 3,730,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 913,000 | 1,837,000 | 2,785,000 | 3,730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,229,000 | 18,553,000 | 18,901,000 | 19,246,000 |
| Total capital | 19,518,000 | 19,857,000 | 20,163,000 | 20,492,000 |
| Risk-weighted assets | 102,775,000 | 103,944,000 | 100,542,000 | 98,747,000 |