Call reports 2012
SOUTH GEORGIA BANKING COMPANY — 2012
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 350,783,000 | 346,510,000 | 342,057,000 | 366,474,000 |
| Total loans | 169,477,000 | 173,022,000 | 176,014,000 | 162,714,000 |
| Allowance for loan losses | 3,365,000 | 3,384,000 | 3,525,000 | 3,504,000 |
| Securities available for sale | 69,575,000 | 70,244,000 | 69,643,000 | 60,961,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 304,943,000 | 301,390,000 | 295,492,000 | 320,169,000 |
| Interest-bearing deposits | 232,311,000 | 229,950,000 | 230,232,000 | 227,557,000 |
| Noninterest-bearing deposits | 72,632,000 | 71,440,000 | 65,260,000 | 92,612,000 |
| Equity capital | 43,241,000 | 44,353,000 | 45,455,000 | 44,666,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 3,441,000 | 6,882,000 | 10,357,000 | 13,688,000 |
| Interest expense | 468,000 | 929,000 | 1,364,000 | 1,771,000 |
| Net interest income | 2,973,000 | 5,953,000 | 8,993,000 | 11,917,000 |
| Noninterest income | 776,000 | 1,459,000 | 2,261,000 | 2,683,000 |
| Noninterest expense | 2,357,000 | 4,694,000 | 7,144,000 | 9,585,000 |
| Provision for loan losses | 150,000 | 250,000 | 400,000 | 600,000 |
| Pretax income | 1,242,000 | 2,468,000 | 3,708,000 | 5,080,000 |
| Income tax | 347,000 | 679,000 | 1,021,000 | 1,421,000 |
| Net income | 895,000 | 1,789,000 | 2,687,000 | 3,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,425,000 | 32,319,000 | 33,217,000 | 32,939,000 |
| Total capital | 33,850,000 | 34,763,000 | 35,702,000 | 35,372,000 |
| Risk-weighted assets | 193,073,000 | 194,562,000 | 197,745,000 | 193,191,000 |