Call reports 2020
GEORGIA FIRST BANK — 2020
What GEORGIA FIRST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 95,867,000 | 104,145,000 | 108,726,000 | 110,764,000 |
| Total loans | 75,727,000 | 77,955,000 | 78,842,000 | 86,254,000 |
| Allowance for loan losses | 1,235,000 | 1,291,000 | 1,233,000 | 1,323,000 |
| Securities available for sale | 4,639,000 | 2,845,000 | 3,422,000 | 3,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,211,000 | 93,858,000 | 98,036,000 | 99,635,000 |
| Interest-bearing deposits | 69,570,000 | 73,212,000 | 80,258,000 | 80,861,000 |
| Noninterest-bearing deposits | 16,641,000 | 20,646,000 | 17,778,000 | 18,774,000 |
| Equity capital | 9,401,000 | 9,997,000 | 10,369,000 | 10,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,394,000 | 2,760,000 | 4,167,000 | 5,602,000 |
| Interest expense | 209,000 | 374,000 | 503,000 | 605,000 |
| Net interest income | 1,185,000 | 2,386,000 | 3,664,000 | 4,997,000 |
| Noninterest income | 225,000 | 376,000 | 536,000 | 719,000 |
| Noninterest expense | 969,000 | 1,859,000 | 2,830,000 | 3,776,000 |
| Provision for loan losses | 78,000 | 156,000 | 244,000 | 352,000 |
| Pretax income | 363,000 | 747,000 | 1,126,000 | 1,588,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 363,000 | 747,000 | 1,126,000 | 1,588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,396,000 | 9,980,000 | 10,359,000 | 10,822,000 |
| Total capital | 10,260,000 | 10,870,000 | 11,276,000 | 11,825,000 |
| Risk-weighted assets | 68,765,000 | 70,797,000 | 73,022,000 | 79,951,000 |