Call reports 2016
SOUTH GEORGIA BANKING COMPANY — 2016
What SOUTH GEORGIA BANKING COMPANY 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 | 446,252,000 | 436,317,000 | 433,648,000 | 463,413,000 |
| Total loans | 205,868,000 | 213,044,000 | 216,008,000 | 202,649,000 |
| Allowance for loan losses | 3,466,000 | 3,610,000 | 3,725,000 | 3,595,000 |
| Securities available for sale | 91,769,000 | 91,053,000 | 93,531,000 | 91,446,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 387,702,000 | 375,821,000 | 372,677,000 | 403,981,000 |
| Interest-bearing deposits | 280,009,000 | 277,835,000 | 269,410,000 | 277,727,000 |
| Noninterest-bearing deposits | 107,693,000 | 97,986,000 | 103,267,000 | 126,254,000 |
| Equity capital | 57,832,000 | 59,481,000 | 59,631,000 | 58,795,000 |
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 | 3,588,000 | 7,299,000 | 10,960,000 | 14,512,000 |
| Interest expense | 300,000 | 595,000 | 890,000 | 1,183,000 |
| Net interest income | 3,288,000 | 6,704,000 | 10,070,000 | 13,329,000 |
| Noninterest income | 926,000 | 2,830,000 | 4,223,000 | 5,057,000 |
| Noninterest expense | 2,919,000 | 6,048,000 | 8,972,000 | 11,747,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 1,220,000 | 3,336,000 | 5,099,000 | 6,339,000 |
| Income tax | 293,000 | 927,000 | 1,427,000 | 1,913,000 |
| Net income | 927,000 | 2,409,000 | 3,672,000 | 4,426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,239,000 | 47,732,000 | 48,007,000 | 47,949,000 |
| Total capital | 49,501,000 | 51,010,000 | 51,319,000 | 51,210,000 |
| Risk-weighted assets | 260,760,000 | 261,869,000 | 264,559,000 | 260,568,000 |