Call reports 2018
GEORGIA FIRST BANK — 2018
What GEORGIA FIRST BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 71,545,000 | 75,424,000 | 78,227,000 | 79,062,000 |
| Total loans | 57,238,000 | 59,050,000 | 62,902,000 | 65,469,000 |
| Allowance for loan losses | 821,000 | 882,000 | 841,000 | 923,000 |
| Securities available for sale | 3,989,000 | 4,966,000 | 4,644,000 | 4,971,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,126,000 | 68,322,000 | 70,743,000 | 71,197,000 |
| Interest-bearing deposits | 43,730,000 | 47,066,000 | 49,057,000 | 50,834,000 |
| Noninterest-bearing deposits | 21,396,000 | 21,256,000 | 21,686,000 | 20,363,000 |
| Equity capital | 6,348,000 | 6,953,000 | 7,274,000 | 7,609,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,047,000 | 2,110,000 | 3,264,000 | 4,439,000 |
| Interest expense | 78,000 | 170,000 | 286,000 | 427,000 |
| Net interest income | 969,000 | 1,940,000 | 2,978,000 | 4,012,000 |
| Noninterest income | 146,000 | 548,000 | 700,000 | 858,000 |
| Noninterest expense | 676,000 | 1,380,000 | 2,158,000 | 2,938,000 |
| Provision for loan losses | 40,000 | 100,000 | 180,000 | 280,000 |
| Pretax income | 399,000 | 1,008,000 | 1,340,000 | 1,652,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 399,000 | 1,008,000 | 1,340,000 | 1,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,384,000 | 6,992,000 | 7,323,000 | 7,636,000 |
| Total capital | 7,039,000 | 7,673,000 | 8,047,000 | 8,387,000 |
| Risk-weighted assets | 52,241,000 | 54,268,000 | 57,773,000 | 59,939,000 |