Call reports 2017
APEX BANKING COMPANY OF GEORGIA — 2017
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 44,861,000 | 45,741,000 | 47,242,000 | 51,629,000 |
| Total loans | 24,575,000 | 24,464,000 | 24,251,000 | 24,646,000 |
| Allowance for loan losses | 570,000 | 570,000 | 570,000 | 565,000 |
| Securities available for sale | 15,477,000 | 16,336,000 | 16,877,000 | 17,058,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,923,000 | 38,691,000 | 40,058,000 | 44,519,000 |
| Interest-bearing deposits | 27,517,000 | 25,607,000 | 24,539,000 | 28,867,000 |
| Noninterest-bearing deposits | 10,406,000 | 13,084,000 | 15,519,000 | 15,652,000 |
| Equity capital | 6,769,000 | 6,913,000 | 7,026,000 | 7,002,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 459,000 | 930,000 | 1,410,000 | 1,900,000 |
| Interest expense | 23,000 | 45,000 | 67,000 | 89,000 |
| Net interest income | 436,000 | 885,000 | 1,343,000 | 1,811,000 |
| Noninterest income | 51,000 | 90,000 | 146,000 | 200,000 |
| Noninterest expense | 313,000 | 626,000 | 940,000 | 1,262,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 174,000 | 349,000 | 549,000 | 749,000 |
| Income tax | 61,000 | 124,000 | 194,000 | 244,000 |
| Net income | 113,000 | 225,000 | 355,000 | 505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,052,000 | 7,068,000 | 7,198,000 | 7,252,000 |
| Total capital | 7,341,000 | 7,357,000 | 7,496,000 | 7,560,000 |
| Risk-weighted assets | 22,887,000 | 22,912,000 | 23,631,000 | 24,462,000 |