Call reports 2014
GEORGIA HERITAGE BANK — 2014
What GEORGIA HERITAGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 66,932,000 | 68,724,000 | 68,967,000 | 70,546,000 |
| Total loans | 41,911,000 | 44,981,000 | 44,315,000 | 47,386,000 |
| Allowance for loan losses | 482,000 | 519,000 | 520,000 | 619,000 |
| Securities available for sale | 8,101,000 | 9,118,000 | 9,116,000 | 8,620,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,780,000 | 62,781,000 | 62,175,000 | 64,305,000 |
| Interest-bearing deposits | 54,742,000 | 55,422,000 | 55,145,000 | 56,714,000 |
| Noninterest-bearing deposits | 7,039,000 | 7,359,000 | 7,030,000 | 7,591,000 |
| Equity capital | 2,770,000 | 3,173,000 | 3,675,000 | 4,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 657,000 | 1,375,000 | 2,146,000 | 2,882,000 |
| Interest expense | 61,000 | 127,000 | 195,000 | 263,000 |
| Net interest income | 596,000 | 1,248,000 | 1,951,000 | 2,619,000 |
| Noninterest income | 58,000 | 385,000 | 521,000 | 606,000 |
| Noninterest expense | 563,000 | 1,129,000 | 1,671,000 | 2,215,000 |
| Provision for loan losses | 6,000 | 39,000 | 39,000 | 39,000 |
| Pretax income | 85,000 | 465,000 | 762,000 | 972,000 |
| Income tax | 0 | 0 | -118,000 | -550,000 |
| Net income | 85,000 | 465,000 | 880,000 | 1,522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,830,000 | 3,212,000 | 3,716,000 | 3,992,000 |
| Total capital | 3,318,000 | 3,738,000 | 4,243,000 | 4,618,000 |
| Risk-weighted assets | 49,464,000 | 52,496,000 | 52,403,000 | 55,232,000 |