Call reports 2020
GEORGIA PRIMARY BANK — 2020
What GEORGIA PRIMARY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 237,266,000 | 278,218,000 | 278,695,000 | 272,006,000 |
| Total loans | 155,327,000 | 214,760,000 | 219,964,000 | 213,302,000 |
| Allowance for loan losses | 2,115,000 | 2,167,000 | 2,259,000 | 2,530,000 |
| Securities available for sale | 40,249,000 | 44,029,000 | 42,946,000 | 43,101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,983,000 | 228,977,000 | 226,980,000 | 221,624,000 |
| Interest-bearing deposits | 166,761,000 | 167,445,000 | 172,859,000 | 171,758,000 |
| Noninterest-bearing deposits | 48,222,000 | 61,532,000 | 54,121,000 | 49,866,000 |
| Equity capital | 21,950,000 | 23,009,000 | 24,019,000 | 24,342,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,512,000 | 5,931,000 | 9,231,000 | 11,795,000 |
| Interest expense | 758,000 | 1,398,000 | 1,939,000 | 2,424,000 |
| Net interest income | 1,754,000 | 4,533,000 | 7,292,000 | 9,371,000 |
| Noninterest income | 196,000 | 397,000 | 788,000 | 1,360,000 |
| Noninterest expense | 1,645,000 | 3,551,000 | 5,465,000 | 7,484,000 |
| Provision for loan losses | 0 | 50,000 | 190,000 | 455,000 |
| Pretax income | 305,000 | 1,329,000 | 2,453,000 | 3,086,000 |
| Income tax | 86,000 | 354,000 | 644,000 | 779,000 |
| Net income | 219,000 | 975,000 | 1,809,000 | 2,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,991,000 | 22,037,000 | 23,139,000 | 23,654,000 |
| Total capital | 23,106,000 | 24,204,000 | 25,398,000 | 26,184,000 |
| Risk-weighted assets | 182,816,000 | 192,408,000 | 195,998,000 | 204,145,000 |