Call reports 2016
GEORGIA FIRST BANK — 2016
What GEORGIA FIRST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 46,508,000 | 45,613,000 | 49,679,000 | 51,542,000 |
| Total loans | 35,329,000 | 35,818,000 | 39,437,000 | 40,682,000 |
| Allowance for loan losses | 534,000 | 554,000 | 580,000 | 608,000 |
| Securities available for sale | 4,162,000 | 4,052,000 | 3,928,000 | 3,701,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,055,000 | 41,178,000 | 45,040,000 | 45,979,000 |
| Interest-bearing deposits | 27,415,000 | 26,834,000 | 29,494,000 | 30,613,000 |
| Noninterest-bearing deposits | 14,641,000 | 14,344,000 | 15,546,000 | 15,366,000 |
| Equity capital | 4,288,000 | 4,287,000 | 4,466,000 | 5,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 582,000 | 1,187,000 | 1,841,000 | 2,527,000 |
| Interest expense | 26,000 | 54,000 | 87,000 | 124,000 |
| Net interest income | 556,000 | 1,133,000 | 1,754,000 | 2,403,000 |
| Noninterest income | 121,000 | 247,000 | 374,000 | 514,000 |
| Noninterest expense | 509,000 | 1,021,000 | 1,555,000 | 2,133,000 |
| Provision for loan losses | 6,000 | 24,000 | 50,000 | 77,000 |
| Pretax income | 162,000 | 335,000 | 523,000 | 707,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 162,000 | 335,000 | 523,000 | 707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,247,000 | 4,229,000 | 4,419,000 | 5,403,000 |
| Total capital | 4,668,000 | 4,655,000 | 4,878,000 | 5,879,000 |
| Risk-weighted assets | 33,577,000 | 33,991,000 | 36,596,000 | 37,943,000 |