Call reports 2022
SOUTH GEORGIA BANK — 2022
What SOUTH GEORGIA BANK 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 | 212,458,000 | 213,229,000 | 214,278,000 | 221,965,000 |
| Total loans | 109,728,000 | 109,674,000 | 111,863,000 | 118,090,000 |
| Allowance for loan losses | 2,534,000 | 2,564,000 | 2,586,000 | 2,615,000 |
| Securities available for sale | 51,518,000 | 51,821,000 | 49,910,000 | 51,106,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,680,000 | 193,687,000 | 196,187,000 | 200,768,000 |
| Interest-bearing deposits | 137,874,000 | 140,973,000 | 139,957,000 | 145,689,000 |
| Noninterest-bearing deposits | 51,806,000 | 52,714,000 | 56,230,000 | 55,079,000 |
| Equity capital | 20,054,000 | 16,670,000 | 15,036,000 | 16,249,000 |
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 | 2,066,000 | 4,208,000 | 6,552,000 | 9,168,000 |
| Interest expense | 135,000 | 272,000 | 411,000 | 596,000 |
| Net interest income | 1,931,000 | 3,936,000 | 6,141,000 | 8,572,000 |
| Noninterest income | 253,000 | 513,000 | 796,000 | 1,047,000 |
| Noninterest expense | 1,194,000 | 2,461,000 | 3,873,000 | 5,446,000 |
| Provision for loan losses | 10,000 | 20,000 | 40,000 | 70,000 |
| Pretax income | 974,000 | 1,962,000 | 3,018,000 | 4,097,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 974,000 | 1,962,000 | 3,018,000 | 4,097,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,741,000 | 23,029,000 | 23,385,000 | 23,764,000 |
| Total capital | 24,213,000 | 24,486,000 | 24,871,000 | 25,308,000 |
| Risk-weighted assets | 116,683,000 | 115,448,000 | 117,763,000 | 122,412,000 |