Call reports 2017
GEORGIA FIRST BANK — 2017
What GEORGIA FIRST BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 54,997,000 | 60,622,000 | 64,769,000 | 66,459,000 |
| Total loans | 43,290,000 | 47,893,000 | 50,178,000 | 54,871,000 |
| Allowance for loan losses | 643,000 | 681,000 | 650,000 | 687,000 |
| Securities available for sale | 3,685,000 | 3,573,000 | 3,677,000 | 4,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,541,000 | 54,870,000 | 58,704,000 | 60,109,000 |
| Interest-bearing deposits | 33,051,000 | 35,519,000 | 39,032,000 | 40,813,000 |
| Noninterest-bearing deposits | 16,490,000 | 19,351,000 | 19,672,000 | 19,296,000 |
| Equity capital | 5,381,000 | 5,666,000 | 5,946,000 | 6,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 723,000 | 1,521,000 | 2,374,000 | 3,295,000 |
| Interest expense | 42,000 | 89,000 | 145,000 | 217,000 |
| Net interest income | 681,000 | 1,432,000 | 2,229,000 | 3,078,000 |
| Noninterest income | 132,000 | 261,000 | 413,000 | 552,000 |
| Noninterest expense | 577,000 | 1,144,000 | 1,783,000 | 2,447,000 |
| Provision for loan losses | 34,000 | 69,000 | 97,000 | 134,000 |
| Pretax income | 202,000 | 480,000 | 762,000 | 1,049,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 202,000 | 480,000 | 762,000 | 1,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,365,000 | 5,643,000 | 5,924,000 | 6,211,000 |
| Total capital | 5,871,000 | 6,196,000 | 6,505,000 | 6,836,000 |
| Risk-weighted assets | 40,344,000 | 44,107,000 | 46,408,000 | 49,975,000 |