Call reports 2013
SOUTH GEORGIA BANKING COMPANY — 2013
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 363,941,000 | 344,987,000 | 342,197,000 | 364,567,000 |
| Total loans | 159,265,000 | 170,851,000 | 172,277,000 | 164,947,000 |
| Allowance for loan losses | 3,427,000 | 3,425,000 | 3,376,000 | 3,259,000 |
| Securities available for sale | 72,380,000 | 78,163,000 | 82,171,000 | 84,868,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 317,179,000 | 300,407,000 | 296,693,000 | 318,749,000 |
| Interest-bearing deposits | 227,084,000 | 223,516,000 | 223,649,000 | 224,241,000 |
| Noninterest-bearing deposits | 90,095,000 | 76,891,000 | 73,044,000 | 94,508,000 |
| Equity capital | 45,385,000 | 43,563,000 | 44,400,000 | 44,855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,052,000 | 6,322,000 | 9,471,000 | 12,632,000 |
| Interest expense | 363,000 | 711,000 | 1,045,000 | 1,363,000 |
| Net interest income | 2,689,000 | 5,611,000 | 8,426,000 | 11,269,000 |
| Noninterest income | 750,000 | 1,492,000 | 2,304,000 | 2,869,000 |
| Noninterest expense | 2,356,000 | 4,712,000 | 7,053,000 | 9,423,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,083,000 | 2,391,000 | 3,677,000 | 4,727,000 |
| Income tax | 286,000 | 671,000 | 1,036,000 | 1,292,000 |
| Net income | 797,000 | 1,720,000 | 2,641,000 | 3,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,735,000 | 32,858,000 | 33,779,000 | 34,163,000 |
| Total capital | 36,139,000 | 35,350,000 | 36,314,000 | 36,711,000 |
| Risk-weighted assets | 191,267,000 | 198,414,000 | 201,924,000 | 203,143,000 |