Call reports 2013
APEX BANKING COMPANY OF GEORGIA — 2013
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 53,117,000 | 51,163,000 | 48,604,000 | 46,136,000 |
| Total loans | 25,434,000 | 25,667,000 | 25,164,000 | 25,399,000 |
| Allowance for loan losses | 422,000 | 432,000 | 432,000 | 439,000 |
| Securities available for sale | 21,381,000 | 20,787,000 | 18,597,000 | 18,352,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,458,000 | 44,978,000 | 42,525,000 | 40,133,000 |
| Interest-bearing deposits | 34,099,000 | 33,567,000 | 32,566,000 | 31,377,000 |
| Noninterest-bearing deposits | 12,359,000 | 11,411,000 | 9,959,000 | 8,756,000 |
| Equity capital | 6,122,000 | 5,714,000 | 5,564,000 | 5,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 497,000 | 1,006,000 | 1,497,000 | 1,999,000 |
| Interest expense | 48,000 | 90,000 | 130,000 | 169,000 |
| Net interest income | 449,000 | 916,000 | 1,367,000 | 1,830,000 |
| Noninterest income | 36,000 | 71,000 | 152,000 | 189,000 |
| Noninterest expense | 331,000 | 669,000 | 1,022,000 | 1,345,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 20,000 |
| Pretax income | 154,000 | 308,000 | 484,000 | 651,000 |
| Income tax | 76,000 | 130,000 | 201,000 | 241,000 |
| Net income | 78,000 | 178,000 | 283,000 | 410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,594,000 | 6,598,000 | 6,705,000 | 6,764,000 |
| Total capital | 6,893,000 | 6,899,000 | 7,002,000 | 7,047,000 |
| Risk-weighted assets | 23,009,000 | 23,169,000 | 22,896,000 | 22,458,000 |