Call reports 2023
NORTHEAST GEORGIA BANK — 2023
What NORTHEAST GEORGIA BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 613,981,000 | 607,336,000 | 590,593,000 | 640,857,000 |
| Total loans | 275,651,000 | 279,406,000 | 283,554,000 | 292,625,000 |
| Allowance for loan losses | 3,831,000 | 3,919,000 | 4,006,000 | 4,203,000 |
| Securities available for sale | 166,005,000 | 159,945,000 | 147,160,000 | 154,905,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 545,273,000 | 547,030,000 | 525,999,000 | 568,750,000 |
| Interest-bearing deposits | 397,305,000 | 397,494,000 | 384,981,000 | 405,057,000 |
| Noninterest-bearing deposits | 147,968,000 | 149,536,000 | 141,018,000 | 163,693,000 |
| Equity capital | 52,944,000 | 54,808,000 | 56,112,000 | 65,090,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,644,000 | 13,768,000 | 21,029,000 | 28,795,000 |
| Interest expense | 239,000 | 919,000 | 1,893,000 | 3,083,000 |
| Net interest income | 6,405,000 | 12,849,000 | 19,136,000 | 25,712,000 |
| Noninterest income | 674,000 | 1,341,000 | 2,025,000 | 2,690,000 |
| Noninterest expense | 3,089,000 | 6,315,000 | 9,496,000 | 12,055,000 |
| Provision for loan losses | 66,000 | 167,000 | 264,000 | 472,000 |
| Pretax income | 3,924,000 | 7,708,000 | 11,401,000 | 15,875,000 |
| Income tax | 0 | 382,000 | 594,000 | 840,000 |
| Net income | 3,924,000 | 7,326,000 | 10,807,000 | 15,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,724,000 | 68,140,000 | 71,634,000 | 75,875,000 |