Call reports 2023
WEST CENTRAL GEORGIA BANK — 2023
What WEST CENTRAL GEORGIA BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 149,145,000 | 145,960,000 | 145,188,000 | 145,412,000 |
| Total loans | 60,520,000 | 60,877,000 | 60,125,000 | 61,422,000 |
| Allowance for loan losses | 1,334,000 | 1,332,000 | 1,333,000 | 1,331,000 |
| Securities available for sale | 60,180,000 | 58,799,000 | 56,665,000 | 57,587,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,090,000 | 110,711,000 | 110,168,000 | 108,499,000 |
| Interest-bearing deposits | 79,710,000 | 75,917,000 | 76,442,000 | 75,241,000 |
| Noninterest-bearing deposits | 34,379,000 | 34,793,000 | 33,726,000 | 33,258,000 |
| Equity capital | 32,822,000 | 33,197,000 | 32,816,000 | 34,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,465,000 | 3,021,000 | 4,593,000 | 6,221,000 |
| Interest expense | 65,000 | 150,000 | 260,000 | 390,000 |
| Net interest income | 1,400,000 | 2,871,000 | 4,333,000 | 5,831,000 |
| Noninterest income | 297,000 | 584,000 | 883,000 | 1,175,000 |
| Noninterest expense | 804,000 | 1,699,000 | 2,568,000 | 3,540,000 |
| Provision for loan losses | 0 | 1,000 | 1,000 | 1,000 |
| Pretax income | 893,000 | 1,755,000 | 2,647,000 | 3,465,000 |
| Income tax | 151,000 | 339,000 | 557,000 | 731,000 |
| Net income | 742,000 | 1,416,000 | 2,090,000 | 2,734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,428,000 | 38,101,000 | 38,576,000 | 39,020,000 |