Call reports 2002
GEORGIAN BANK — 2002
What GEORGIAN BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 23,470,000 | 37,417,000 | 49,968,000 | 58,696,000 |
| Total loans | 17,292,000 | 29,540,000 | 37,602,000 | 43,415,000 |
| Allowance for loan losses | 182,000 | 312,000 | 387,000 | 492,000 |
| Securities available for sale | 996,000 | 1,206,000 | 1,730,000 | 3,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,428,000 | 29,545,000 | 42,097,000 | 50,894,000 |
| Interest-bearing deposits | 13,096,000 | 26,913,000 | 38,057,000 | 47,064,000 |
| Noninterest-bearing deposits | 2,332,000 | 2,632,000 | 4,040,000 | 3,830,000 |
| Equity capital | 7,980,000 | 7,807,000 | 7,741,000 | 7,590,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 256,000 | 732,000 | 1,383,000 | 2,130,000 |
| Interest expense | 51,000 | 209,000 | 464,000 | 770,000 |
| Net interest income | 205,000 | 523,000 | 919,000 | 1,360,000 |
| Noninterest income | 7,000 | 16,000 | 38,000 | 77,000 |
| Noninterest expense | 334,000 | 713,000 | 1,132,000 | 1,662,000 |
| Provision for loan losses | 127,000 | 257,000 | 332,000 | 437,000 |
| Pretax income | -249,000 | -431,000 | -507,000 | -662,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -249,000 | -431,000 | -507,000 | -662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,984,000 | 7,803,000 | 7,726,000 | 7,571,000 |
| Total capital | 8,166,000 | 8,115,000 | 8,113,000 | 8,063,000 |
| Risk-weighted assets | 20,703,000 | 33,837,000 | 43,096,000 | 49,531,000 |