Call reports 2020
FIRST BANK OF COASTAL GEORGIA — 2020
What FIRST BANK OF COASTAL GEORGIA reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 125,871,000 | 133,489,000 | 129,506,000 | 147,382,000 |
| Total loans | 37,963,000 | 38,598,000 | 40,078,000 | 36,735,000 |
| Allowance for loan losses | 878,000 | 877,000 | 878,000 | 878,000 |
| Securities available for sale | 80,132,000 | 83,981,000 | 82,525,000 | 94,589,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,277,000 | 110,806,000 | 106,010,000 | 126,976,000 |
| Interest-bearing deposits | 86,225,000 | 86,281,000 | 83,380,000 | 102,763,000 |
| Noninterest-bearing deposits | 20,052,000 | 24,525,000 | 22,630,000 | 24,213,000 |
| Equity capital | 15,903,000 | 18,964,000 | 19,593,000 | 20,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,073,000 | 2,062,000 | 3,047,000 | 4,025,000 |
| Interest expense | 192,000 | 329,000 | 432,000 | 521,000 |
| Net interest income | 881,000 | 1,733,000 | 2,615,000 | 3,504,000 |
| Noninterest income | 61,000 | 117,000 | 186,000 | 249,000 |
| Noninterest expense | 761,000 | 1,554,000 | 2,301,000 | 3,130,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 289,000 | 440,000 | 659,000 | 906,000 |
| Income tax | 36,000 | 27,000 | 33,000 | 46,000 |
| Net income | 253,000 | 413,000 | 626,000 | 860,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,187,000 | 17,347,000 | 17,560,000 | 17,795,000 |
| Total capital | 17,870,000 | 18,035,000 | 18,257,000 | 18,499,000 |
| Risk-weighted assets | 54,476,000 | 54,922,000 | 55,582,000 | 56,183,000 |