Call reports 2021
GEORGIA FIRST BANK — 2021
What GEORGIA FIRST BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 114,913,000 | 119,855,000 | 128,261,000 | 133,877,000 |
| Total loans | 92,725,000 | 98,836,000 | 104,329,000 | 106,762,000 |
| Allowance for loan losses | 1,439,000 | 1,564,000 | 1,664,000 | 1,773,000 |
| Securities available for sale | 3,517,000 | 4,045,000 | 4,568,000 | 4,527,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,040,000 | 107,662,000 | 115,443,000 | 120,572,000 |
| Interest-bearing deposits | 81,911,000 | 85,282,000 | 92,483,000 | 96,482,000 |
| Noninterest-bearing deposits | 22,129,000 | 22,379,000 | 22,960,000 | 24,090,000 |
| Equity capital | 10,751,000 | 12,020,000 | 12,543,000 | 13,035,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,423,000 | 2,955,000 | 4,520,000 | 6,155,000 |
| Interest expense | 64,000 | 116,000 | 170,000 | 219,000 |
| Net interest income | 1,359,000 | 2,839,000 | 4,350,000 | 5,936,000 |
| Noninterest income | 203,000 | 368,000 | 576,000 | 785,000 |
| Noninterest expense | 940,000 | 1,996,000 | 3,067,000 | 4,225,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 502,000 | 971,000 | 1,499,000 | 2,016,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 502,000 | 971,000 | 1,499,000 | 2,016,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,688,000 | 11,972,000 | 12,501,000 | 13,018,000 |
| Total capital | 11,737,000 | 13,101,000 | 13,678,000 | 14,257,000 |
| Risk-weighted assets | 83,503,000 | 89,858,000 | 93,634,000 | 98,606,000 |