Call reports 2020
WEST CENTRAL GEORGIA BANK — 2020
What WEST CENTRAL 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 | 124,901,000 | 133,138,000 | 133,996,000 | 137,639,000 |
| Total loans | 45,610,000 | 46,558,000 | 47,064,000 | 46,629,000 |
| Allowance for loan losses | 1,290,000 | 1,290,000 | 1,290,000 | 1,294,000 |
| Securities available for sale | 55,392,000 | 59,846,000 | 59,594,000 | 59,032,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,771,000 | 95,634,000 | 95,884,000 | 99,341,000 |
| Interest-bearing deposits | 66,291,000 | 67,913,000 | 68,942,000 | 72,702,000 |
| Noninterest-bearing deposits | 23,480,000 | 27,721,000 | 26,942,000 | 26,639,000 |
| Equity capital | 33,121,000 | 35,047,000 | 35,567,000 | 35,746,000 |
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 | 1,150,000 | 2,277,000 | 3,390,000 | 4,490,000 |
| Interest expense | 98,000 | 168,000 | 229,000 | 285,000 |
| Net interest income | 1,052,000 | 2,109,000 | 3,161,000 | 4,205,000 |
| Noninterest income | 224,000 | 388,000 | 586,000 | 756,000 |
| Noninterest expense | 875,000 | 1,659,000 | 2,512,000 | 3,312,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 402,000 | 839,000 | 1,242,000 | 1,661,000 |
| Income tax | 77,000 | 154,000 | 231,000 | 281,000 |
| Net income | 325,000 | 685,000 | 1,011,000 | 1,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,293,000 | 33,654,000 | 33,979,000 | 34,165,000 |