Call reports 2008
APEX BANKING COMPANY OF GEORGIA — 2008
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 41,518,000 | 42,441,000 | 39,463,000 | 46,880,000 |
| Total loans | 17,253,000 | 17,034,000 | 17,150,000 | 20,250,000 |
| Allowance for loan losses | 184,000 | 184,000 | 172,000 | 193,000 |
| Securities available for sale | 18,037,000 | 16,487,000 | 15,985,000 | 15,580,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,355,000 | 35,694,000 | 33,691,000 | 39,899,000 |
| Interest-bearing deposits | 27,483,000 | 27,237,000 | 25,949,000 | 32,326,000 |
| Noninterest-bearing deposits | 6,872,000 | 8,457,000 | 7,742,000 | 7,573,000 |
| Equity capital | 5,943,000 | 5,585,000 | 5,629,000 | 5,859,000 |
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 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 555,000 | 1,070,000 | 1,579,000 | 2,102,000 |
| Interest expense | 145,000 | 278,000 | 396,000 | 512,000 |
| Net interest income | 410,000 | 792,000 | 1,183,000 | 1,590,000 |
| Noninterest income | 31,000 | 60,000 | 93,000 | 132,000 |
| Noninterest expense | 274,000 | 519,000 | 776,000 | 1,117,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 176,000 | 343,000 | 510,000 | 590,000 |
| Income tax | 68,000 | 129,000 | 191,000 | 216,000 |
| Net income | 108,000 | 214,000 | 319,000 | 374,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,960,000 | 5,938,000 | 6,044,000 | 5,970,000 |
| Total capital | 6,144,000 | 6,122,000 | 6,216,000 | 6,163,000 |
| Risk-weighted assets | 18,133,000 | 18,144,000 | 17,248,000 | 20,469,000 |