Call reports 2009
APEX BANKING COMPANY OF GEORGIA — 2009
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 43,940,000 | 44,127,000 | 45,086,000 | 48,246,000 |
| Total loans | 20,407,000 | 22,566,000 | 23,997,000 | 23,631,000 |
| Allowance for loan losses | 194,000 | 219,000 | 238,000 | 259,000 |
| Securities available for sale | 15,302,000 | 14,051,000 | 13,842,000 | 13,714,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,571,000 | 38,009,000 | 38,677,000 | 41,918,000 |
| Interest-bearing deposits | 30,400,000 | 30,778,000 | 31,546,000 | 35,571,000 |
| Noninterest-bearing deposits | 7,171,000 | 7,231,000 | 7,131,000 | 6,347,000 |
| Equity capital | 6,131,000 | 5,905,000 | 6,153,000 | 6,089,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 507,000 | 1,025,000 | 1,565,000 | 2,106,000 |
| Interest expense | 109,000 | 224,000 | 344,000 | 472,000 |
| Net interest income | 398,000 | 801,000 | 1,221,000 | 1,634,000 |
| Noninterest income | 37,000 | 76,000 | 116,000 | 167,000 |
| Noninterest expense | 312,000 | 625,000 | 956,000 | 1,238,000 |
| Provision for loan losses | 0 | 25,000 | 45,000 | 75,000 |
| Pretax income | 127,000 | 231,000 | 370,000 | 522,000 |
| Income tax | 42,000 | 90,000 | 149,000 | 206,000 |
| Net income | 85,000 | 141,000 | 221,000 | 316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,055,000 | 5,983,000 | 6,063,000 | 6,030,000 |
| Total capital | 6,249,000 | 6,202,000 | 6,301,000 | 6,289,000 |
| Risk-weighted assets | 19,717,000 | 21,700,000 | 23,153,000 | 23,614,000 |