Call reports 2011
SOUTH GEORGIA BANKING COMPANY — 2011
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 333,820,000 | 329,270,000 | 329,055,000 | 346,712,000 |
| Total loans | 180,117,000 | 186,833,000 | 188,155,000 | 176,340,000 |
| Allowance for loan losses | 3,145,000 | 3,165,000 | 3,542,000 | 3,341,000 |
| Securities available for sale | 62,361,000 | 66,210,000 | 68,589,000 | 68,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 290,052,000 | 284,727,000 | 282,839,000 | 301,616,000 |
| Interest-bearing deposits | 226,814,000 | 221,101,000 | 224,408,000 | 223,828,000 |
| Noninterest-bearing deposits | 63,238,000 | 63,626,000 | 58,431,000 | 77,788,000 |
| Equity capital | 43,074,000 | 42,971,000 | 44,365,000 | 44,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,530,000 | 7,199,000 | 10,943,000 | 14,718,000 |
| Interest expense | 651,000 | 1,237,000 | 1,787,000 | 2,288,000 |
| Net interest income | 2,879,000 | 5,962,000 | 9,156,000 | 12,430,000 |
| Noninterest income | 685,000 | 1,430,000 | 2,230,000 | 2,947,000 |
| Noninterest expense | 2,473,000 | 4,891,000 | 7,346,000 | 9,770,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 775,000 |
| Pretax income | 866,000 | 2,061,000 | 3,379,000 | 4,846,000 |
| Income tax | 208,000 | 557,000 | 914,000 | 1,334,000 |
| Net income | 658,000 | 1,504,000 | 2,465,000 | 3,512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,239,000 | 31,522,000 | 32,483,000 | 32,280,000 |
| Total capital | 34,717,000 | 34,031,000 | 35,029,000 | 34,738,000 |
| Risk-weighted assets | 197,601,000 | 200,103,000 | 202,722,000 | 196,027,000 |