Call reports 2014
APEX BANKING COMPANY OF GEORGIA — 2014
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 50,247,000 | 46,213,000 | 46,155,000 | 43,290,000 |
| Total loans | 24,654,000 | 25,130,000 | 24,694,000 | 24,519,000 |
| Allowance for loan losses | 439,000 | 434,000 | 434,000 | 519,000 |
| Securities available for sale | 17,759,000 | 14,362,000 | 14,398,000 | 14,344,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,940,000 | 39,799,000 | 39,538,000 | 36,760,000 |
| Interest-bearing deposits | 34,452,000 | 30,760,000 | 28,773,000 | 27,422,000 |
| Noninterest-bearing deposits | 9,488,000 | 9,039,000 | 10,765,000 | 9,338,000 |
| Equity capital | 5,796,000 | 5,932,000 | 6,091,000 | 6,427,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 474,000 | 959,000 | 1,430,000 | 1,909,000 |
| Interest expense | 36,000 | 68,000 | 99,000 | 128,000 |
| Net interest income | 438,000 | 891,000 | 1,331,000 | 1,781,000 |
| Noninterest income | 41,000 | 77,000 | 113,000 | 148,000 |
| Noninterest expense | 306,000 | 630,000 | 951,000 | 1,209,000 |
| Provision for loan losses | 0 | 0 | 0 | 85,000 |
| Pretax income | 173,000 | 344,000 | 499,000 | 641,000 |
| Income tax | 78,000 | 140,000 | 205,000 | 247,000 |
| Net income | 95,000 | 204,000 | 294,000 | 394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,859,000 | 6,872,000 | 6,962,000 | 7,026,000 |
| Total capital | 7,153,000 | 7,167,000 | 7,252,000 | 7,304,000 |
| Risk-weighted assets | 23,295,000 | 23,381,000 | 22,984,000 | 21,981,000 |