Call reports 2010
APEX BANKING COMPANY OF GEORGIA — 2010
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 49,425,000 | 47,660,000 | 46,399,000 | 51,728,000 |
| Total loans | 23,779,000 | 25,372,000 | 25,874,000 | 25,817,000 |
| Allowance for loan losses | 275,000 | 313,000 | 377,000 | 417,000 |
| Securities available for sale | 16,026,000 | 16,595,000 | 15,789,000 | 15,467,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,919,000 | 41,072,000 | 39,790,000 | 45,204,000 |
| Interest-bearing deposits | 35,780,000 | 33,902,000 | 32,915,000 | 39,011,000 |
| Noninterest-bearing deposits | 7,139,000 | 7,170,000 | 6,875,000 | 6,193,000 |
| Equity capital | 6,212,000 | 6,286,000 | 6,342,000 | 6,343,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 525,000 | 1,076,000 | 1,641,000 | 2,152,000 |
| Interest expense | 123,000 | 239,000 | 354,000 | 461,000 |
| Net interest income | 402,000 | 837,000 | 1,287,000 | 1,691,000 |
| Noninterest income | 55,000 | 101,000 | 145,000 | 187,000 |
| Noninterest expense | 301,000 | 602,000 | 891,000 | 1,230,000 |
| Provision for loan losses | 13,000 | 50,000 | 115,000 | 170,000 |
| Pretax income | 143,000 | 296,000 | 436,000 | 488,000 |
| Income tax | 47,000 | 116,000 | 185,000 | 220,000 |
| Net income | 96,000 | 180,000 | 251,000 | 268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,126,000 | 6,082,000 | 6,154,000 | 6,062,000 |
| Total capital | 6,401,000 | 6,388,000 | 6,465,000 | 6,392,000 |
| Risk-weighted assets | 23,534,000 | 23,708,000 | 24,020,000 | 25,715,000 |