Call reports 2015
SOUTH GEORGIA BANKING COMPANY — 2015
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 445,359,000 | 435,891,000 | 438,321,000 | 463,243,000 |
| Total loans | 200,868,000 | 213,497,000 | 211,049,000 | 200,906,000 |
| Allowance for loan losses | 3,594,000 | 3,573,000 | 3,536,000 | 3,400,000 |
| Securities available for sale | 96,205,000 | 94,347,000 | 93,409,000 | 91,704,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 388,077,000 | 377,839,000 | 379,761,000 | 405,285,000 |
| Interest-bearing deposits | 285,984,000 | 283,999,000 | 280,527,000 | 285,783,000 |
| Noninterest-bearing deposits | 102,093,000 | 93,840,000 | 99,234,000 | 119,502,000 |
| Equity capital | 56,287,000 | 56,880,000 | 57,066,000 | 57,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,759,000 | 7,565,000 | 11,370,000 | 15,107,000 |
| Interest expense | 322,000 | 636,000 | 948,000 | 1,257,000 |
| Net interest income | 3,437,000 | 6,929,000 | 10,422,000 | 13,850,000 |
| Noninterest income | 827,000 | 1,584,000 | 2,793,000 | 4,355,000 |
| Noninterest expense | 2,881,000 | 5,778,000 | 8,756,000 | 11,972,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 500,000 |
| Pretax income | 1,385,000 | 2,739,000 | 4,263,000 | 5,736,000 |
| Income tax | 374,000 | 729,000 | 1,180,000 | 1,090,000 |
| Net income | 1,011,000 | 2,010,000 | 3,083,000 | 4,646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,424,000 | 45,425,000 | 45,501,000 | 45,865,000 |
| Total capital | 47,512,000 | 48,642,000 | 48,694,000 | 49,125,000 |
| Risk-weighted assets | 246,542,000 | 257,018,000 | 255,073,000 | 260,690,000 |