Call reports 2016
GEORGIA HERITAGE BANK — 2016
What GEORGIA HERITAGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 73,699,000 | 74,490,000 | 78,373,000 | 79,310,000 |
| Total loans | 46,834,000 | 49,111,000 | 52,875,000 | 56,531,000 |
| Allowance for loan losses | 555,000 | 606,000 | 650,000 | 961,000 |
| Securities available for sale | 10,754,000 | 10,812,000 | 10,802,000 | 10,156,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,539,000 | 64,879,000 | 68,154,000 | 70,273,000 |
| Interest-bearing deposits | 55,628,000 | 55,740,000 | 57,801,000 | 58,309,000 |
| Noninterest-bearing deposits | 8,911,000 | 9,139,000 | 10,353,000 | 11,964,000 |
| Equity capital | 5,904,000 | 6,128,000 | 6,709,000 | 6,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 823,000 | 1,649,000 | 2,611,000 | 3,590,000 |
| Interest expense | 62,000 | 122,000 | 178,000 | 236,000 |
| Net interest income | 761,000 | 1,527,000 | 2,433,000 | 3,354,000 |
| Noninterest income | 270,000 | 373,000 | 487,000 | 563,000 |
| Noninterest expense | 606,000 | 1,232,000 | 1,875,000 | 2,491,000 |
| Provision for loan losses | 150,000 | 200,000 | 243,000 | 553,000 |
| Pretax income | 275,000 | 468,000 | 802,000 | 873,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 275,000 | 468,000 | 802,000 | 873,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,862,000 | 6,065,000 | 6,653,000 | 6,724,000 |
| Total capital | 6,424,000 | 6,679,000 | 7,318,000 | 7,509,000 |
| Risk-weighted assets | 53,924,000 | 55,748,000 | 59,873,000 | 62,571,000 |