Call reports 2020
SOUTH GEORGIA BANK — 2020
What SOUTH GEORGIA BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 163,677,000 | 177,728,000 | 180,811,000 | 199,974,000 |
| Total loans | 105,021,000 | 107,325,000 | 111,928,000 | 113,799,000 |
| Allowance for loan losses | 2,508,000 | 2,508,000 | 2,617,000 | 2,629,000 |
| Securities available for sale | 30,978,000 | 35,981,000 | 35,471,000 | 34,270,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,866,000 | 152,781,000 | 155,508,000 | 174,461,000 |
| Interest-bearing deposits | 111,049,000 | 114,329,000 | 117,483,000 | 124,802,000 |
| Noninterest-bearing deposits | 29,817,000 | 38,452,000 | 38,025,000 | 49,659,000 |
| Equity capital | 20,170,000 | 22,121,000 | 22,438,000 | 22,740,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,141,000 | 4,202,000 | 6,362,000 | 8,477,000 |
| Interest expense | 346,000 | 664,000 | 960,000 | 1,211,000 |
| Net interest income | 1,795,000 | 3,538,000 | 5,402,000 | 7,266,000 |
| Noninterest income | 280,000 | 488,000 | 722,000 | 946,000 |
| Noninterest expense | 1,135,000 | 2,270,000 | 3,445,000 | 4,642,000 |
| Provision for loan losses | 15,000 | 16,000 | 16,000 | 20,000 |
| Pretax income | 925,000 | 1,784,000 | 2,707,000 | 3,603,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 925,000 | 1,784,000 | 2,707,000 | 3,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,750,000 | 20,909,000 | 21,132,000 | 21,328,000 |
| Total capital | 22,066,000 | 22,283,000 | 22,522,000 | 22,753,000 |
| Risk-weighted assets | 104,123,000 | 108,811,000 | 109,978,000 | 112,815,000 |