Call reports 2008
FIRST NATIONAL BANK OF GWINNETT — 2008
What FIRST NATIONAL BANK OF GWINNETT reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Total assets | 206,978,000 | 184,621,000 |
| Total loans | 166,632,000 | 155,319,000 |
| Allowance for loan losses | 2,409,000 | 12,800,000 |
| Securities available for sale | 11,839,000 | 6,798,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 625,000 |
| Total deposits | 157,192,000 | 144,381,000 |
| Interest-bearing deposits | 146,701,000 | 132,494,000 |
| Noninterest-bearing deposits | 10,491,000 | 11,887,000 |
| Equity capital | 32,443,000 | 35,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Interest income | 2,944,000 | 1,324,000 |
| Interest expense | 1,944,000 | 801,000 |
| Net interest income | 1,000,000 | 523,000 |
| Noninterest income | 36,000 | 1,000 |
| Noninterest expense | 880,000 | 527,000 |
| Provision for loan losses | 769,000 | -51,000 |
| Pretax income | -603,000 | 41,000 |
| Income tax | -257,000 | 31,000 |
| Net income | -346,000 | 10,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 15,549,000 | 16,975,000 |
| Total capital | 17,738,000 | 19,056,000 |
| Risk-weighted assets | 174,903,000 | 155,779,000 |