Call reports 2024
FIRST BANK OF COASTAL GEORGIA — 2024
What FIRST BANK OF COASTAL GEORGIA reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 194,893,000 | 202,715,000 | 226,904,000 | 223,746,000 |
| Total loans | 49,178,000 | 49,148,000 | 50,974,000 | 47,846,000 |
| Allowance for loan losses | 702,000 | 708,000 | 774,000 | 790,000 |
| Securities available for sale | 135,329,000 | 136,176,000 | 148,857,000 | 152,793,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,117,000 | 193,351,000 | 194,008,000 | 213,960,000 |
| Interest-bearing deposits | 149,655,000 | 164,342,000 | 160,625,000 | 182,391,000 |
| Noninterest-bearing deposits | 36,462,000 | 29,009,000 | 33,383,000 | 31,569,000 |
| Equity capital | 8,228,000 | 8,633,000 | 12,039,000 | 8,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,980,000 | 4,034,000 | 6,261,000 | 8,495,000 |
| Interest expense | 878,000 | 1,865,000 | 2,862,000 | 4,026,000 |
| Net interest income | 1,102,000 | 2,169,000 | 3,399,000 | 4,469,000 |
| Noninterest income | 77,000 | 136,000 | 202,000 | 251,000 |
| Noninterest expense | 915,000 | 1,825,000 | 2,776,000 | 3,760,000 |
| Provision for loan losses | 0 | 6,000 | 72,000 | 88,000 |
| Pretax income | 264,000 | 474,000 | 777,000 | 896,000 |
| Income tax | 9,000 | 6,000 | 21,000 | -10,000 |
| Net income | 255,000 | 468,000 | 756,000 | 906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,023,000 | 19,236,000 | 19,524,000 | 19,674,000 |
| Total capital | 19,915,000 | 20,133,000 | 20,438,000 | 20,604,000 |
| Risk-weighted assets | 92,740,000 | 92,326,000 | 93,765,000 | 92,789,000 |