Call reports 2022
SOUTH GEORGIA BANKING COMPANY — 2022
What SOUTH GEORGIA BANKING COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 630,146,000 | 621,750,000 | 613,812,000 | 644,790,000 |
| Total loans | 289,173,000 | 316,434,000 | 333,220,000 | 322,786,000 |
| Allowance for loan losses | 4,436,000 | 4,419,000 | 4,416,000 | 4,671,000 |
| Securities available for sale | 106,527,000 | 108,283,000 | 107,716,000 | 111,291,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 564,073,000 | 559,213,000 | 553,421,000 | 584,862,000 |
| Interest-bearing deposits | 360,113,000 | 362,290,000 | 351,512,000 | 351,309,000 |
| Noninterest-bearing deposits | 203,960,000 | 196,923,000 | 201,909,000 | 233,553,000 |
| Equity capital | 64,166,000 | 60,686,000 | 58,507,000 | 58,999,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,165,000 | 8,698,000 | 13,955,000 | 19,847,000 |
| Interest expense | 132,000 | 260,000 | 378,000 | 594,000 |
| Net interest income | 4,033,000 | 8,438,000 | 13,577,000 | 19,253,000 |
| Noninterest income | 945,000 | 2,036,000 | 3,124,000 | 4,318,000 |
| Noninterest expense | 3,801,000 | 7,556,000 | 11,504,000 | 16,127,000 |
| Provision for loan losses | 0 | 0 | 0 | 250,000 |
| Pretax income | 1,177,000 | 2,918,000 | 5,197,000 | 7,194,000 |
| Income tax | 196,000 | 534,000 | 1,008,000 | 1,353,000 |
| Net income | 981,000 | 2,384,000 | 4,189,000 | 5,841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,817,000 | 61,221,000 | 62,276,000 | 62,581,000 |
| Total capital | 64,253,000 | 65,640,000 | 66,692,000 | 67,252,000 |
| Risk-weighted assets | 373,355,000 | 386,862,000 | 401,510,000 | 403,609,000 |