Call reports 2022
APEX BANKING COMPANY OF GEORGIA — 2022
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 55,836,000 | 53,042,000 | 52,154,000 | 51,477,000 |
| Total loans | 20,107,000 | 21,531,000 | 21,475,000 | 21,882,000 |
| Allowance for loan losses | 374,000 | 374,000 | 374,000 | 374,000 |
| Securities available for sale | 22,193,000 | 23,738,000 | 22,476,000 | 23,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,202,000 | 47,355,000 | 47,189,000 | 46,293,000 |
| Interest-bearing deposits | 32,102,000 | 30,210,000 | 29,210,000 | 29,988,000 |
| Noninterest-bearing deposits | 17,100,000 | 17,145,000 | 17,979,000 | 16,305,000 |
| Equity capital | 6,487,000 | 5,598,000 | 4,874,000 | 5,099,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 387,000 | 821,000 | 1,308,000 | 1,824,000 |
| Interest expense | 26,000 | 49,000 | 71,000 | 92,000 |
| Net interest income | 361,000 | 772,000 | 1,237,000 | 1,732,000 |
| Noninterest income | 49,000 | 97,000 | 155,000 | 219,000 |
| Noninterest expense | 456,000 | 945,000 | 1,518,000 | 2,119,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -48,000 | -78,000 | -128,000 | -170,000 |
| Income tax | -12,000 | -168,000 | -179,000 | -188,000 |
| Net income | -36,000 | 90,000 | 51,000 | 18,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,128,000 | 7,252,000 | 7,215,000 | 7,181,000 |