Call reports 2014
GEORGIA COMMERCE BANK — 2014
What GEORGIA COMMERCE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 979,409,000 | 961,685,000 | 1,004,752,000 | 1,019,129,000 |
| Total loans | 672,694,000 | 693,667,000 | 732,033,000 | 747,105,000 |
| Allowance for loan losses | 6,349,000 | 6,789,000 | 7,195,000 | 7,451,000 |
| Securities available for sale | 153,368,000 | 151,236,000 | 146,346,000 | 142,487,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 852,253,000 | 831,395,000 | 828,541,000 | 859,581,000 |
| Interest-bearing deposits | 671,745,000 | 637,584,000 | 624,055,000 | 632,799,000 |
| Noninterest-bearing deposits | 180,508,000 | 193,811,000 | 204,486,000 | 226,782,000 |
| Equity capital | 106,340,000 | 109,299,000 | 112,098,000 | 114,722,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 11,107,000 | 22,611,000 | 34,126,000 | 45,790,000 |
| Interest expense | 923,000 | 1,841,000 | 2,773,000 | 3,647,000 |
| Net interest income | 10,184,000 | 20,770,000 | 31,353,000 | 42,143,000 |
| Noninterest income | -212,000 | -40,000 | 871,000 | 1,149,000 |
| Noninterest expense | 6,565,000 | 13,220,000 | 19,940,000 | 26,908,000 |
| Provision for loan losses | 204,000 | 676,000 | 1,157,000 | 1,584,000 |
| Pretax income | 3,203,000 | 6,834,000 | 11,127,000 | 14,800,000 |
| Income tax | 1,191,000 | 2,542,000 | 4,098,000 | 5,548,000 |
| Net income | 2,012,000 | 4,292,000 | 7,029,000 | 9,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,156,000 | 101,288,000 | 104,495,000 | 106,894,000 |
| Total capital | 105,505,000 | 108,077,000 | 111,690,000 | 114,345,000 |
| Risk-weighted assets | 742,601,000 | 760,694,000 | 799,239,000 | 779,533,000 |