Call reports 2018
SOUTH GEORGIA BANKING COMPANY — 2018
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 443,545,000 | 440,062,000 | 431,649,000 | 468,213,000 |
| Total loans | 220,691,000 | 233,679,000 | 239,269,000 | 228,090,000 |
| Allowance for loan losses | 3,611,000 | 3,593,000 | 3,646,000 | 3,687,000 |
| Securities available for sale | 92,183,000 | 88,952,000 | 85,251,000 | 84,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 382,328,000 | 377,581,000 | 369,226,000 | 404,958,000 |
| Interest-bearing deposits | 273,809,000 | 268,586,000 | 269,837,000 | 283,105,000 |
| Noninterest-bearing deposits | 108,519,000 | 108,995,000 | 99,389,000 | 121,853,000 |
| Equity capital | 60,075,000 | 61,256,000 | 61,040,000 | 62,123,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,896,000 | 7,884,000 | 12,024,000 | 16,366,000 |
| Interest expense | 277,000 | 560,000 | 948,000 | 1,402,000 |
| Net interest income | 3,619,000 | 7,324,000 | 11,076,000 | 14,964,000 |
| Noninterest income | 954,000 | 1,905,000 | 2,779,000 | 3,744,000 |
| Noninterest expense | 2,923,000 | 5,818,000 | 8,788,000 | 11,968,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 200,000 |
| Pretax income | 1,599,000 | 3,310,000 | 4,916,000 | 6,539,000 |
| Income tax | 294,000 | 618,000 | 899,000 | 1,294,000 |
| Net income | 1,305,000 | 2,692,000 | 4,017,000 | 5,245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,353,000 | 51,774,000 | 52,018,000 | 52,481,000 |
| Total capital | 53,800,000 | 55,301,000 | 55,549,000 | 55,992,000 |
| Risk-weighted assets | 275,584,000 | 282,097,000 | 282,330,000 | 280,710,000 |