Call reports 2008
GEORGIA COMMERCE BANK — 2008
What GEORGIA COMMERCE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 236,822,000 | 275,257,000 | 281,051,000 | 296,162,000 |
| Total loans | 216,140,000 | 231,437,000 | 247,648,000 | 258,597,000 |
| Allowance for loan losses | 2,161,000 | 2,314,000 | 2,488,000 | 2,727,000 |
| Securities available for sale | 9,954,000 | 9,475,000 | 9,319,000 | 9,593,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,929,000 | 148,334,000 | 149,490,000 | 171,955,000 |
| Interest-bearing deposits | 166,347,000 | 124,758,000 | 126,288,000 | 135,888,000 |
| Noninterest-bearing deposits | 22,582,000 | 23,576,000 | 23,202,000 | 36,067,000 |
| Equity capital | 26,969,000 | 27,314,000 | 27,860,000 | 28,354,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,821,000 | 7,381,000 | 11,189,000 | 14,733,000 |
| Interest expense | 1,581,000 | 2,884,000 | 4,128,000 | 5,162,000 |
| Net interest income | 2,240,000 | 4,497,000 | 7,061,000 | 9,571,000 |
| Noninterest income | 136,000 | 241,000 | 368,000 | 449,000 |
| Noninterest expense | 1,443,000 | 2,865,000 | 4,492,000 | 6,013,000 |
| Provision for loan losses | 165,000 | 377,000 | 551,000 | 790,000 |
| Pretax income | 768,000 | 1,496,000 | 2,386,000 | 3,217,000 |
| Income tax | 295,000 | 574,000 | 912,000 | 1,194,000 |
| Net income | 473,000 | 922,000 | 1,474,000 | 2,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,000,000 | 27,473,000 | 28,049,000 | 28,373,000 |
| Total capital | 29,161,000 | 29,787,000 | 30,537,000 | 31,100,000 |
| Risk-weighted assets | 258,297,000 | 266,816,000 | 290,140,000 | 286,102,000 |