Call reports 2012
INDEPENDENCE BANK OF GEORGIA — 2012
What INDEPENDENCE BANK OF GEORGIA reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 123,034,000 | 126,211,000 | 127,089,000 | 136,161,000 |
| Total loans | 83,711,000 | 81,957,000 | 85,643,000 | 94,419,000 |
| Allowance for loan losses | 1,206,000 | 1,206,000 | 1,206,000 | 1,286,000 |
| Securities available for sale | 24,524,000 | 25,242,000 | 26,482,000 | 26,546,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,711,000 | 107,670,000 | 105,064,000 | 113,944,000 |
| Interest-bearing deposits | 97,441,000 | 97,209,000 | 95,854,000 | 102,078,000 |
| Noninterest-bearing deposits | 7,270,000 | 10,461,000 | 9,209,000 | 11,866,000 |
| Equity capital | 18,099,000 | 18,361,000 | 18,741,000 | 19,013,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,373,000 | 2,721,000 | 4,101,000 | 5,531,000 |
| Interest expense | 247,000 | 470,000 | 670,000 | 856,000 |
| Net interest income | 1,126,000 | 2,251,000 | 3,431,000 | 4,675,000 |
| Noninterest income | 26,000 | 52,000 | 79,000 | 103,000 |
| Noninterest expense | 887,000 | 1,725,000 | 2,558,000 | 3,349,000 |
| Provision for loan losses | 0 | 0 | 0 | 80,000 |
| Pretax income | 265,000 | 590,000 | 964,000 | 1,362,000 |
| Income tax | 105,000 | 228,000 | 371,000 | 502,000 |
| Net income | 160,000 | 362,000 | 593,000 | 860,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,988,000 | 18,244,000 | 18,514,000 | 18,819,000 |
| Total capital | 19,050,000 | 19,328,000 | 19,637,000 | 20,055,000 |
| Risk-weighted assets | 84,799,000 | 86,573,000 | 89,723,000 | 98,867,000 |