Call reports 2019
APEX BANKING COMPANY OF GEORGIA — 2019
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 48,995,000 | 47,844,000 | 46,883,000 | 48,717,000 |
| Total loans | 25,837,000 | 26,637,000 | 28,400,000 | 28,033,000 |
| Allowance for loan losses | 512,000 | 507,000 | 507,000 | 552,000 |
| Securities available for sale | 18,342,000 | 18,830,000 | 15,462,000 | 15,120,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,079,000 | 39,622,000 | 38,368,000 | 40,294,000 |
| Interest-bearing deposits | 27,998,000 | 26,220,000 | 24,694,000 | 26,847,000 |
| Noninterest-bearing deposits | 13,081,000 | 13,402,000 | 13,674,000 | 13,447,000 |
| Equity capital | 7,758,000 | 8,038,000 | 8,262,000 | 8,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 518,000 | 1,045,000 | 1,593,000 | 2,147,000 |
| Interest expense | 32,000 | 69,000 | 108,000 | 148,000 |
| Net interest income | 486,000 | 976,000 | 1,485,000 | 1,999,000 |
| Noninterest income | 54,000 | 102,000 | 157,000 | 218,000 |
| Noninterest expense | 341,000 | 702,000 | 1,069,000 | 1,382,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 196,000 | 372,000 | 576,000 | 795,000 |
| Income tax | 53,000 | 98,000 | 150,000 | 183,000 |
| Net income | 143,000 | 274,000 | 426,000 | 612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,936,000 | 7,971,000 | 8,123,000 | 8,214,000 |
| Total capital | 8,235,000 | 8,270,000 | 8,424,000 | 8,520,000 |
| Risk-weighted assets | 23,753,000 | 23,717,000 | 23,953,000 | 24,255,000 |