Call reports 2009
SECURITY BANK OF NORTH FULTON — 2009
What SECURITY BANK OF NORTH FULTON reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Total assets | 209,142,000 | 190,564,000 |
| Total loans | 119,208,000 | 109,857,000 |
| Allowance for loan losses | 2,845,000 | 5,642,000 |
| Securities available for sale | 23,591,000 | 7,561,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 190,538,000 | 179,523,000 |
| Interest-bearing deposits | 185,463,000 | 173,082,000 |
| Noninterest-bearing deposits | 5,075,000 | 6,441,000 |
| Equity capital | 9,332,000 | 1,515,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Interest income | 1,794,000 | 2,928,000 |
| Interest expense | 1,812,000 | 3,555,000 |
| Net interest income | -18,000 | -627,000 |
| Noninterest income | -96,000 | -62,000 |
| Noninterest expense | 1,029,000 | 2,227,000 |
| Provision for loan losses | 1,178,000 | 7,159,000 |
| Pretax income | -1,929,000 | -9,768,000 |
| Income tax | -2,245,000 | -2,245,000 |
| Net income | 316,000 | -7,523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Tier 1 capital | 9,082,000 | 1,264,000 |
| Total capital | 10,699,000 | 2,528,000 |
| Risk-weighted assets | 128,110,000 | 124,165,000 |