Call reports 2011
GEORGIA PRIMARY BANK — 2011
What GEORGIA PRIMARY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 296,047,000 | 298,139,000 | 294,145,000 | 277,935,000 |
| Total loans | 253,035,000 | 246,322,000 | 248,951,000 | 236,262,000 |
| Allowance for loan losses | 5,410,000 | 4,292,000 | 5,645,000 | 7,537,000 |
| Securities available for sale | 4,310,000 | 5,327,000 | 3,324,000 | 4,255,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,093,000 | 268,840,000 | 264,820,000 | 252,969,000 |
| Interest-bearing deposits | 255,866,000 | 257,952,000 | 254,529,000 | 243,923,000 |
| Noninterest-bearing deposits | 9,227,000 | 10,888,000 | 10,291,000 | 9,046,000 |
| Equity capital | 30,247,000 | 28,917,000 | 28,913,000 | 24,527,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,764,000 | 7,515,000 | 11,158,000 | 14,705,000 |
| Interest expense | 823,000 | 1,647,000 | 2,471,000 | 3,256,000 |
| Net interest income | 2,941,000 | 5,868,000 | 8,687,000 | 11,449,000 |
| Noninterest income | 38,000 | 342,000 | 420,000 | 447,000 |
| Noninterest expense | 1,293,000 | 2,599,000 | 4,009,000 | 5,377,000 |
| Provision for loan losses | 840,000 | 4,965,000 | 6,465,000 | 13,190,000 |
| Pretax income | 846,000 | -1,354,000 | -1,367,000 | -6,671,000 |
| Income tax | 344,000 | -485,000 | -492,000 | -1,400,000 |
| Net income | 502,000 | -869,000 | -875,000 | -5,271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,277,000 | 28,900,000 | 28,901,000 | 24,514,000 |
| Total capital | 33,563,000 | 32,124,000 | 32,105,000 | 27,577,000 |
| Risk-weighted assets | 260,756,000 | 257,014,000 | 253,867,000 | 240,571,000 |