Call reports 2024
GEORGIA PRIMARY BANK — 2024
What GEORGIA PRIMARY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 338,108,000 | 344,359,000 | 352,486,000 | 337,795,000 |
| Total loans | 250,257,000 | 245,754,000 | 256,323,000 | 264,908,000 |
| Allowance for loan losses | 2,880,000 | 2,883,000 | 3,009,000 | 3,062,000 |
| Securities available for sale | 66,466,000 | 65,406,000 | 52,238,000 | 50,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,375,000 | 314,539,000 | 320,127,000 | 294,404,000 |
| Interest-bearing deposits | 241,543,000 | 247,787,000 | 254,285,000 | 228,162,000 |
| Noninterest-bearing deposits | 56,832,000 | 66,752,000 | 65,842,000 | 66,242,000 |
| Equity capital | 28,174,000 | 28,491,000 | 30,203,000 | 30,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,877,000 | 9,937,000 | 15,506,000 | 20,665,000 |
| Interest expense | 2,626,000 | 5,374,000 | 8,215,000 | 10,805,000 |
| Net interest income | 2,251,000 | 4,563,000 | 7,291,000 | 9,860,000 |
| Noninterest income | 467,000 | 831,000 | 1,296,000 | 1,860,000 |
| Noninterest expense | 2,384,000 | 4,737,000 | 7,792,000 | 10,196,000 |
| Provision for loan losses | 61,000 | 61,000 | 181,000 | 231,000 |
| Pretax income | 273,000 | 596,000 | 1,363,000 | 2,042,000 |
| Income tax | 66,000 | 153,000 | 362,000 | 536,000 |
| Net income | 207,000 | 443,000 | 1,001,000 | 1,506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,721,000 | 35,054,000 | 35,706,000 | 36,306,000 |
| Total capital | 37,673,000 | 38,009,000 | 38,787,000 | 39,440,000 |
| Risk-weighted assets | 308,322,000 | 303,101,000 | 317,558,000 | 325,328,000 |