Call reports 2021
APEX BANKING COMPANY OF GEORGIA — 2021
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 58,997,000 | 56,519,000 | 54,155,000 | 60,430,000 |
| Total loans | 22,127,000 | 20,360,000 | 19,748,000 | 20,511,000 |
| Allowance for loan losses | 401,000 | 379,000 | 373,000 | 374,000 |
| Securities available for sale | 18,480,000 | 22,747,000 | 19,728,000 | 18,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,140,000 | 50,158,000 | 47,765,000 | 53,001,000 |
| Interest-bearing deposits | 30,300,000 | 30,336,000 | 30,106,000 | 36,738,000 |
| Noninterest-bearing deposits | 19,840,000 | 19,822,000 | 17,659,000 | 16,263,000 |
| Equity capital | 8,694,000 | 6,157,000 | 6,172,000 | 7,337,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 438,000 | 850,000 | 1,264,000 | 1,620,000 |
| Interest expense | 32,000 | 62,000 | 92,000 | 121,000 |
| Net interest income | 406,000 | 788,000 | 1,172,000 | 1,499,000 |
| Noninterest income | 41,000 | 89,000 | 129,000 | 111,000 |
| Noninterest expense | 428,000 | 856,000 | 1,268,000 | 1,639,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 17,000 | 19,000 | 31,000 | -31,000 |
| Income tax | -19,000 | -17,000 | -16,000 | -41,000 |
| Net income | 36,000 | 36,000 | 47,000 | 10,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,399,000 | 5,822,000 | 5,833,000 | 7,163,000 |