Call reports 2023
GEORGIA FIRST BANK — 2023
What GEORGIA FIRST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 175,082,000 | 182,088,000 | 192,937,000 | 192,016,000 |
| Total loans | 139,902,000 | 146,148,000 | 154,915,000 | 159,090,000 |
| Allowance for loan losses | 2,135,000 | 2,206,000 | 2,308,000 | 2,393,000 |
| Securities available for sale | 5,677,000 | 4,025,000 | 5,611,000 | 5,128,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,941,000 | 164,863,000 | 174,587,000 | 172,369,000 |
| Interest-bearing deposits | 129,442,000 | 136,906,000 | 143,055,000 | 142,895,000 |
| Noninterest-bearing deposits | 29,499,000 | 27,957,000 | 31,532,000 | 29,474,000 |
| Equity capital | 15,507,000 | 16,348,000 | 17,190,000 | 18,164,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,420,000 | 5,167,000 | 8,201,000 | 11,520,000 |
| Interest expense | 298,000 | 759,000 | 1,429,000 | 2,392,000 |
| Net interest income | 2,122,000 | 4,408,000 | 6,772,000 | 9,128,000 |
| Noninterest income | 226,000 | 459,000 | 714,000 | 1,005,000 |
| Noninterest expense | 1,546,000 | 3,143,000 | 4,816,000 | 6,297,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 420,000 |
| Pretax income | 697,000 | 1,514,000 | 2,355,000 | 3,416,000 |
| Income tax | 0 | 0 | 0 | 124,000 |
| Net income | 697,000 | 1,514,000 | 2,355,000 | 3,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,568,000 | 16,384,000 | 17,226,000 | 18,162,000 |
| Total capital | 17,190,000 | 18,063,000 | 19,003,000 | 20,004,000 |
| Risk-weighted assets | 129,185,000 | 133,726,000 | 141,570,000 | 146,789,000 |