Call reports 2016
FIRST BANK OF COASTAL GEORGIA — 2016
What FIRST BANK OF COASTAL GEORGIA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 132,467,000 | 128,833,000 | 118,569,000 | 129,123,000 |
| Total loans | 35,003,000 | 33,730,000 | 31,363,000 | 33,211,000 |
| Allowance for loan losses | 1,006,000 | 1,006,000 | 1,006,000 | 1,002,000 |
| Securities available for sale | 83,981,000 | 77,958,000 | 73,607,000 | 82,844,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,833,000 | 110,550,000 | 96,649,000 | 113,527,000 |
| Interest-bearing deposits | 98,781,000 | 94,514,000 | 79,288,000 | 95,991,000 |
| Noninterest-bearing deposits | 16,052,000 | 16,036,000 | 17,361,000 | 17,536,000 |
| Equity capital | 16,546,000 | 16,928,000 | 16,918,000 | 15,359,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,099,000 | 2,096,000 | 2,972,000 | 4,169,000 |
| Interest expense | 58,000 | 115,000 | 167,000 | 223,000 |
| Net interest income | 1,041,000 | 1,981,000 | 2,805,000 | 3,946,000 |
| Noninterest income | 86,000 | 121,000 | 205,000 | 260,000 |
| Noninterest expense | 694,000 | 1,350,000 | 2,024,000 | 2,679,000 |
| Provision for loan losses | -1,175,000 | -1,175,000 | -1,175,000 | -1,175,000 |
| Pretax income | 1,623,000 | 2,005,000 | 2,365,000 | 2,906,000 |
| Income tax | 582,000 | 438,000 | 623,000 | 750,000 |
| Net income | 1,041,000 | 1,567,000 | 1,742,000 | 2,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,933,000 | 15,644,000 | 16,069,000 | 15,418,000 |
| Total capital | 16,619,000 | 16,292,000 | 16,657,000 | 16,059,000 |
| Risk-weighted assets | 54,407,000 | 51,247,000 | 46,485,000 | 50,368,000 |