Call reports 2023
APEX BANKING COMPANY OF GEORGIA — 2023
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 52,821,000 | 51,895,000 | 50,981,000 | 53,181,000 |
| Total loans | 23,258,000 | 23,651,000 | 23,888,000 | 26,442,000 |
| Allowance for loan losses | 388,000 | 366,000 | 366,000 | 382,000 |
| Securities available for sale | 23,471,000 | 22,887,000 | 21,770,000 | 22,069,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,332,000 | 46,726,000 | 46,402,000 | 47,975,000 |
| Interest-bearing deposits | 31,200,000 | 30,993,000 | 30,777,000 | 32,212,000 |
| Noninterest-bearing deposits | 16,132,000 | 15,733,000 | 15,625,000 | 15,763,000 |
| Equity capital | 5,420,000 | 5,098,000 | 4,506,000 | 5,094,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 564,000 | 1,126,000 | 1,706,000 | 2,343,000 |
| Interest expense | 26,000 | 71,000 | 133,000 | 229,000 |
| Net interest income | 538,000 | 1,055,000 | 1,573,000 | 2,114,000 |
| Noninterest income | 50,000 | 98,000 | 165,000 | 216,000 |
| Noninterest expense | 673,000 | 1,321,000 | 2,066,000 | 2,800,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 31,000 |
| Pretax income | -101,000 | -184,000 | -344,000 | -502,000 |
| Income tax | -20,000 | -38,000 | -71,000 | -141,000 |
| Net income | -81,000 | -146,000 | -273,000 | -361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,101,000 | 7,065,000 | 6,915,000 | 6,820,000 |