Call reports 2023
GEORGIA PRIMARY BANK — 2023
What GEORGIA PRIMARY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 293,123,000 | 306,393,000 | 310,305,000 | 341,395,000 |
| Total loans | 210,403,000 | 218,758,000 | 227,226,000 | 239,339,000 |
| Allowance for loan losses | 2,658,000 | 2,624,000 | 2,695,000 | 2,816,000 |
| Securities available for sale | 55,912,000 | 54,119,000 | 50,081,000 | 67,590,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,559,000 | 279,354,000 | 283,833,000 | 311,638,000 |
| Interest-bearing deposits | 197,644,000 | 212,272,000 | 216,926,000 | 250,719,000 |
| Noninterest-bearing deposits | 67,915,000 | 67,082,000 | 66,907,000 | 60,919,000 |
| Equity capital | 26,465,000 | 26,217,000 | 25,594,000 | 27,706,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,025,000 | 7,758,000 | 11,981,000 | 16,724,000 |
| Interest expense | 973,000 | 2,252,000 | 4,086,000 | 6,450,000 |
| Net interest income | 3,052,000 | 5,506,000 | 7,895,000 | 10,274,000 |
| Noninterest income | 254,000 | 681,000 | 1,051,000 | 1,450,000 |
| Noninterest expense | 2,266,000 | 4,439,000 | 6,690,000 | 8,864,000 |
| Provision for loan losses | 0 | 0 | 69,000 | 169,000 |
| Pretax income | 1,015,000 | 1,718,000 | 2,157,000 | 2,661,000 |
| Income tax | 227,000 | 381,000 | 484,000 | 602,000 |
| Net income | 788,000 | 1,337,000 | 1,673,000 | 2,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,902,000 | 33,503,000 | 33,934,000 | 34,417,000 |
| Total capital | 35,627,000 | 36,199,000 | 36,701,000 | 37,305,000 |
| Risk-weighted assets | 258,524,000 | 273,074,000 | 281,654,000 | 296,398,000 |