Call reports 2022
GEORGIA FIRST BANK — 2022
What GEORGIA FIRST BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 135,674,000 | 139,507,000 | 149,664,000 | 162,018,000 |
| Total loans | 108,741,000 | 118,992,000 | 124,461,000 | 134,356,000 |
| Allowance for loan losses | 1,876,000 | 1,908,000 | 2,005,000 | 2,092,000 |
| Securities available for sale | 5,981,000 | 5,919,000 | 5,652,000 | 5,651,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,780,000 | 122,541,000 | 134,560,000 | 145,976,000 |
| Interest-bearing deposits | 97,018,000 | 97,723,000 | 106,801,000 | 118,785,000 |
| Noninterest-bearing deposits | 25,762,000 | 24,818,000 | 27,759,000 | 27,191,000 |
| Equity capital | 12,723,000 | 13,725,000 | 14,763,000 | 15,437,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,581,000 | 3,314,000 | 5,235,000 | 7,386,000 |
| Interest expense | 49,000 | 116,000 | 206,000 | 345,000 |
| Net interest income | 1,532,000 | 3,198,000 | 5,029,000 | 7,041,000 |
| Noninterest income | 213,000 | 411,000 | 628,000 | 856,000 |
| Noninterest expense | 1,175,000 | 2,462,000 | 3,834,000 | 5,320,000 |
| Provision for loan losses | 105,000 | 140,000 | 245,000 | 350,000 |
| Pretax income | 465,000 | 1,007,000 | 1,578,000 | 2,227,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 465,000 | 1,007,000 | 1,578,000 | 2,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,777,000 | 13,819,000 | 14,890,000 | 15,539,000 |
| Total capital | 14,037,000 | 15,206,000 | 16,340,000 | 17,096,000 |
| Risk-weighted assets | 100,188,000 | 110,469,000 | 115,418,000 | 123,999,000 |