Call reports 2021
SOUTH GEORGIA BANKING COMPANY — 2021
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 557,316,000 | 563,445,000 | 566,426,000 | 611,694,000 |
| Total loans | 283,216,000 | 287,114,000 | 285,120,000 | 283,209,000 |
| Allowance for loan losses | 4,052,000 | 4,053,000 | 4,069,000 | 4,427,000 |
| Securities available for sale | 93,275,000 | 102,531,000 | 104,085,000 | 106,862,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 488,357,000 | 492,028,000 | 495,448,000 | 540,818,000 |
| Interest-bearing deposits | 329,558,000 | 327,940,000 | 322,904,000 | 334,319,000 |
| Noninterest-bearing deposits | 158,799,000 | 164,088,000 | 172,544,000 | 206,499,000 |
| Equity capital | 67,348,000 | 68,701,000 | 68,294,000 | 69,067,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,038,000 | 8,226,000 | 12,392,000 | 16,523,000 |
| Interest expense | 218,000 | 405,000 | 571,000 | 718,000 |
| Net interest income | 3,820,000 | 7,821,000 | 11,821,000 | 15,805,000 |
| Noninterest income | 1,427,000 | 2,305,000 | 3,244,000 | 6,038,000 |
| Noninterest expense | 3,351,000 | 6,878,000 | 10,427,000 | 14,635,000 |
| Provision for loan losses | 50,000 | 50,000 | 50,000 | 400,000 |
| Pretax income | 1,846,000 | 3,198,000 | 4,588,000 | 6,808,000 |
| Income tax | 256,000 | 503,000 | 769,000 | 1,115,000 |
| Net income | 1,590,000 | 2,695,000 | 3,819,000 | 5,693,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,987,000 | 57,841,000 | 57,966,000 | 58,886,000 |
| Total capital | 61,039,000 | 61,894,000 | 62,035,000 | 63,313,000 |
| Risk-weighted assets | 344,603,000 | 349,289,000 | 358,033,000 | 370,014,000 |