Call reports 2011
GEORGIA FIRST BANK — 2011
What GEORGIA FIRST BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 36,780,000 | 34,513,000 | 33,568,000 | 32,588,000 |
| Total loans | 18,095,000 | 17,060,000 | 15,719,000 | 15,000,000 |
| Allowance for loan losses | 689,000 | 562,000 | 466,000 | 367,000 |
| Securities available for sale | 7,713,000 | 8,018,000 | 8,972,000 | 9,761,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,857,000 | 30,943,000 | 30,425,000 | 29,661,000 |
| Interest-bearing deposits | 23,416,000 | 21,623,000 | 21,826,000 | 20,682,000 |
| Noninterest-bearing deposits | 9,441,000 | 9,320,000 | 8,599,000 | 8,979,000 |
| Equity capital | 3,108,000 | 2,752,000 | 2,305,000 | 2,618,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 366,000 | 697,000 | 1,033,000 | 1,323,000 |
| Interest expense | 78,000 | 136,000 | 192,000 | 249,000 |
| Net interest income | 288,000 | 561,000 | 841,000 | 1,074,000 |
| Noninterest income | 270,000 | 518,000 | 623,000 | 717,000 |
| Noninterest expense | 399,000 | 812,000 | 1,402,000 | 1,805,000 |
| Provision for loan losses | 204,000 | 657,000 | 885,000 | 976,000 |
| Pretax income | -45,000 | -390,000 | -823,000 | -990,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -45,000 | -390,000 | -823,000 | -990,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,315,000 | 2,970,000 | 2,537,000 | 2,870,000 |
| Total capital | 3,562,000 | 3,212,000 | 2,770,000 | 3,096,000 |
| Risk-weighted assets | 19,285,000 | 19,075,000 | 18,402,000 | 17,943,000 |