Call reports 2017
SOUTH GEORGIA BANKING COMPANY — 2017
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 452,865,000 | 441,402,000 | 439,742,000 | 464,939,000 |
| Total loans | 199,585,000 | 208,978,000 | 225,052,000 | 215,120,000 |
| Allowance for loan losses | 3,610,000 | 3,618,000 | 3,547,000 | 3,551,000 |
| Securities available for sale | 94,343,000 | 94,276,000 | 93,355,000 | 89,205,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 392,853,000 | 380,215,000 | 378,347,000 | 401,534,000 |
| Interest-bearing deposits | 279,015,000 | 278,217,000 | 270,519,000 | 272,914,000 |
| Noninterest-bearing deposits | 113,838,000 | 101,998,000 | 107,828,000 | 128,620,000 |
| Equity capital | 58,988,000 | 60,141,000 | 60,154,000 | 60,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,647,000 | 7,249,000 | 11,089,000 | 14,823,000 |
| Interest expense | 284,000 | 570,000 | 856,000 | 1,146,000 |
| Net interest income | 3,363,000 | 6,679,000 | 10,233,000 | 13,677,000 |
| Noninterest income | 945,000 | 1,821,000 | 2,717,000 | 3,680,000 |
| Noninterest expense | 2,888,000 | 5,789,000 | 8,758,000 | 11,680,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,420,000 | 2,711,000 | 4,192,000 | 6,114,000 |
| Income tax | 377,000 | 681,000 | 1,085,000 | 1,883,000 |
| Net income | 1,043,000 | 2,030,000 | 3,107,000 | 4,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,963,000 | 48,970,000 | 49,066,000 | 50,044,000 |
| Total capital | 51,202,000 | 52,271,000 | 52,550,000 | 53,476,000 |
| Risk-weighted assets | 258,730,000 | 263,797,000 | 278,686,000 | 274,458,000 |