Call reports 2011
APEX BANKING COMPANY OF GEORGIA — 2011
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 50,701,000 | 48,589,000 | 50,320,000 | 52,236,000 |
| Total loans | 25,380,000 | 25,554,000 | 25,577,000 | 25,166,000 |
| Allowance for loan losses | 330,000 | 398,000 | 392,000 | 406,000 |
| Securities available for sale | 16,143,000 | 16,286,000 | 15,231,000 | 15,050,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,060,000 | 41,965,000 | 43,580,000 | 45,644,000 |
| Interest-bearing deposits | 36,320,000 | 34,323,000 | 33,695,000 | 36,070,000 |
| Noninterest-bearing deposits | 7,740,000 | 7,642,000 | 9,885,000 | 9,574,000 |
| Equity capital | 6,406,000 | 6,389,000 | 6,520,000 | 6,158,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 519,000 | 1,050,000 | 1,577,000 | 2,078,000 |
| Interest expense | 109,000 | 207,000 | 297,000 | 375,000 |
| Net interest income | 410,000 | 843,000 | 1,280,000 | 1,703,000 |
| Noninterest income | 43,000 | 85,000 | 137,000 | 184,000 |
| Noninterest expense | 308,000 | 609,000 | 930,000 | 1,261,000 |
| Provision for loan losses | 40,000 | 155,000 | 180,000 | 195,000 |
| Pretax income | 109,000 | 168,000 | 311,000 | 448,000 |
| Income tax | 44,000 | 88,000 | 128,000 | 153,000 |
| Net income | 65,000 | 80,000 | 183,000 | 295,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,127,000 | 6,014,000 | 6,116,000 | 6,235,000 |
| Total capital | 6,457,000 | 6,339,000 | 6,427,000 | 6,547,000 |
| Risk-weighted assets | 25,953,000 | 25,132,000 | 24,060,000 | 24,182,000 |