Call reports 2019
GEORGIA FIRST BANK — 2019
What GEORGIA FIRST BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 85,719,000 | 88,848,000 | 91,697,000 | 92,921,000 |
| Total loans | 67,502,000 | 71,250,000 | 73,283,000 | 74,229,000 |
| Allowance for loan losses | 1,001,000 | 1,030,000 | 1,145,000 | 1,212,000 |
| Securities available for sale | 4,911,000 | 6,490,000 | 6,218,000 | 4,614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,247,000 | 80,885,000 | 82,186,000 | 82,992,000 |
| Interest-bearing deposits | 60,950,000 | 64,069,000 | 65,797,000 | 67,725,000 |
| Noninterest-bearing deposits | 17,297,000 | 16,816,000 | 16,389,000 | 15,267,000 |
| Equity capital | 7,310,000 | 7,708,000 | 9,208,000 | 9,594,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,237,000 | 2,575,000 | 3,939,000 | 5,363,000 |
| Interest expense | 170,000 | 381,000 | 602,000 | 822,000 |
| Net interest income | 1,067,000 | 2,194,000 | 3,337,000 | 4,541,000 |
| Noninterest income | 163,000 | 351,000 | 550,000 | 723,000 |
| Noninterest expense | 817,000 | 1,691,000 | 2,533,000 | 3,442,000 |
| Provision for loan losses | 78,000 | 156,000 | 258,000 | 336,000 |
| Pretax income | 335,000 | 698,000 | 1,096,000 | 1,486,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 335,000 | 698,000 | 1,096,000 | 1,486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,376,000 | 7,739,000 | 9,238,000 | 9,627,000 |
| Total capital | 8,153,000 | 8,554,000 | 10,081,000 | 10,477,000 |
| Risk-weighted assets | 61,950,000 | 64,976,000 | 67,163,000 | 67,613,000 |