Call reports 2008
GEORGIA FIRST BANK — 2008
What GEORGIA FIRST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 52,214,000 | 50,233,000 | 49,213,000 | 48,171,000 |
| Total loans | 31,516,000 | 28,733,000 | 28,295,000 | 25,874,000 |
| Allowance for loan losses | 650,000 | 473,000 | 501,000 | 1,257,000 |
| Securities available for sale | 14,808,000 | 14,731,000 | 14,524,000 | 15,016,000 |
| Securities held to maturity | 190,000 | 190,000 | 190,000 | 190,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,627,000 | 42,166,000 | 41,132,000 | 43,737,000 |
| Interest-bearing deposits | 35,535,000 | 34,801,000 | 34,113,000 | 36,022,000 |
| Noninterest-bearing deposits | 7,092,000 | 7,365,000 | 7,019,000 | 7,715,000 |
| Equity capital | 5,622,000 | 5,349,000 | 4,785,000 | 3,479,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 773,000 | 1,497,000 | 2,125,000 | 2,737,000 |
| Interest expense | 316,000 | 598,000 | 835,000 | 1,056,000 |
| Net interest income | 457,000 | 899,000 | 1,290,000 | 1,681,000 |
| Noninterest income | 130,000 | 295,000 | 402,000 | 501,000 |
| Noninterest expense | 424,000 | 894,000 | 1,291,000 | 1,646,000 |
| Provision for loan losses | 50,000 | 110,000 | 589,000 | 2,271,000 |
| Pretax income | 113,000 | 203,000 | -175,000 | -1,722,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 113,000 | 203,000 | -175,000 | -1,722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,257,000 | 5,301,000 | 4,923,000 | 3,376,000 |
| Total capital | 5,715,000 | 5,755,000 | 5,369,000 | 3,782,000 |
| Risk-weighted assets | 36,431,000 | 36,317,000 | 35,643,000 | 31,632,000 |
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