Call reports 2024
NORTHEAST GEORGIA BANK — 2024
What NORTHEAST GEORGIA BANK 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 | 610,964,000 | 607,513,000 | 616,453,000 | 640,118,000 |
| Total loans | 292,337,000 | 298,317,000 | 296,678,000 | 306,301,000 |
| Allowance for loan losses | 4,293,000 | 4,400,000 | 4,509,000 | 4,766,000 |
| Securities available for sale | 149,716,000 | 138,771,000 | 135,570,000 | 154,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 541,774,000 | 538,306,000 | 535,387,000 | 556,056,000 |
| Interest-bearing deposits | 405,585,000 | 400,580,000 | 403,449,000 | 425,926,000 |
| Noninterest-bearing deposits | 136,189,000 | 137,726,000 | 131,938,000 | 130,130,000 |
| Equity capital | 60,241,000 | 64,203,000 | 72,124,000 | 73,495,000 |
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 | 7,908,000 | 16,063,000 | 24,299,000 | 32,783,000 |
| Interest expense | 1,333,000 | 2,772,000 | 4,343,000 | 6,057,000 |
| Net interest income | 6,575,000 | 13,291,000 | 19,956,000 | 26,726,000 |
| Noninterest income | 688,000 | 1,364,000 | 2,077,000 | 2,764,000 |
| Noninterest expense | 3,194,000 | 6,605,000 | 9,796,000 | 12,679,000 |
| Provision for loan losses | 107,000 | 234,000 | 361,000 | 638,000 |
| Pretax income | 3,962,000 | 7,816,000 | 11,876,000 | 16,176,000 |
| Income tax | 147,000 | 194,000 | 194,000 | 390,000 |
| Net income | 3,815,000 | 7,622,000 | 11,682,000 | 15,786,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,704,000 | 75,524,000 | 79,598,000 | 83,715,000 |