Call reports 2019
SOUTH GEORGIA BANKING COMPANY — 2019
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 458,622,000 | 446,390,000 | 443,092,000 | 473,972,000 |
| Total loans | 223,736,000 | 230,615,000 | 240,885,000 | 238,651,000 |
| Allowance for loan losses | 3,721,000 | 3,802,000 | 3,707,000 | 3,594,000 |
| Securities available for sale | 79,923,000 | 78,531,000 | 74,101,000 | 72,498,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,645,000 | 379,669,000 | 375,672,000 | 407,685,000 |
| Interest-bearing deposits | 281,645,000 | 274,221,000 | 273,103,000 | 274,936,000 |
| Noninterest-bearing deposits | 112,000,000 | 105,448,000 | 102,569,000 | 132,749,000 |
| Equity capital | 63,310,000 | 64,860,000 | 65,433,000 | 65,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,442,000 | 8,956,000 | 13,513,000 | 17,929,000 |
| Interest expense | 486,000 | 1,003,000 | 1,534,000 | 2,039,000 |
| Net interest income | 3,956,000 | 7,953,000 | 11,979,000 | 15,890,000 |
| Noninterest income | 943,000 | 1,807,000 | 2,709,000 | 3,817,000 |
| Noninterest expense | 3,022,000 | 6,042,000 | 9,208,000 | 12,638,000 |
| Provision for loan losses | 75,000 | 150,000 | 150,000 | 200,000 |
| Pretax income | 1,802,000 | 3,568,000 | 5,330,000 | 6,869,000 |
| Income tax | 352,000 | 697,000 | 1,034,000 | 1,331,000 |
| Net income | 1,450,000 | 2,871,000 | 4,296,000 | 5,538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,092,000 | 54,113,000 | 54,605,000 | 54,608,000 |
| Total capital | 56,556,000 | 57,592,000 | 58,126,000 | 58,195,000 |
| Risk-weighted assets | 276,888,000 | 277,980,000 | 281,473,000 | 286,977,000 |