Call reports 2016
APEX BANKING COMPANY OF GEORGIA — 2016
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 47,869,000 | 46,470,000 | 44,602,000 | 48,717,000 |
| Total loans | 25,172,000 | 26,263,000 | 25,311,000 | 24,748,000 |
| Allowance for loan losses | 574,000 | 573,000 | 575,000 | 570,000 |
| Securities available for sale | 15,650,000 | 15,641,000 | 15,958,000 | 15,072,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,982,000 | 39,527,000 | 37,545,000 | 42,011,000 |
| Interest-bearing deposits | 29,614,000 | 27,442,000 | 26,042,000 | 30,370,000 |
| Noninterest-bearing deposits | 11,368,000 | 12,085,000 | 11,503,000 | 11,641,000 |
| Equity capital | 6,602,000 | 6,687,000 | 6,801,000 | 6,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 473,000 | 957,000 | 1,439,000 | 1,911,000 |
| Interest expense | 27,000 | 45,000 | 68,000 | 91,000 |
| Net interest income | 446,000 | 912,000 | 1,371,000 | 1,820,000 |
| Noninterest income | 42,000 | 83,000 | 122,000 | 165,000 |
| Noninterest expense | 454,000 | 760,000 | 1,084,000 | 1,406,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 34,000 | 235,000 | 409,000 | 579,000 |
| Income tax | 50,000 | 108,000 | 156,000 | 191,000 |
| Net income | -16,000 | 127,000 | 253,000 | 388,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,062,000 | 7,110,000 | 7,237,000 | 6,939,000 |
| Total capital | 7,356,000 | 7,406,000 | 7,527,000 | 7,237,000 |
| Risk-weighted assets | 23,180,000 | 23,267,000 | 22,946,000 | 23,646,000 |