Call reports 2024
WEST CENTRAL GEORGIA BANK — 2024
What WEST CENTRAL GEORGIA BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 147,991,000 | 150,752,000 | 149,098,000 | 148,739,000 |
| Total loans | 65,348,000 | 68,504,000 | 72,217,000 | 76,728,000 |
| Allowance for loan losses | 1,363,000 | 1,392,000 | 1,463,000 | 1,616,000 |
| Securities available for sale | 55,760,000 | 55,014,000 | 56,035,000 | 52,624,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,797,000 | 112,799,000 | 113,260,000 | 114,240,000 |
| Interest-bearing deposits | 77,012,000 | 80,306,000 | 80,103,000 | 82,663,000 |
| Noninterest-bearing deposits | 33,785,000 | 32,493,000 | 33,157,000 | 31,577,000 |
| Equity capital | 34,853,000 | 35,638,000 | 33,317,000 | 31,863,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,704,000 | 3,522,000 | 5,371,000 | 7,240,000 |
| Interest expense | 186,000 | 444,000 | 750,000 | 1,116,000 |
| Net interest income | 1,518,000 | 3,078,000 | 4,621,000 | 6,124,000 |
| Noninterest income | 304,000 | 609,000 | 911,000 | 1,203,000 |
| Noninterest expense | 1,044,000 | 2,207,000 | 3,297,000 | 4,439,000 |
| Provision for loan losses | 28,000 | 57,000 | 137,000 | 292,000 |
| Pretax income | 750,000 | 1,423,000 | 2,098,000 | 2,596,000 |
| Income tax | 128,000 | 258,000 | 387,000 | 522,000 |
| Net income | 622,000 | 1,165,000 | 1,711,000 | 2,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,436,000 | 39,979,000 | 36,325,000 | 35,875,000 |