Call reports 2003
GEORGIAN BANK — 2003
What GEORGIAN BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 68,118,000 | 71,152,000 | 150,734,000 | 248,727,000 |
| Total loans | 46,281,000 | 48,916,000 | 118,441,000 | 216,879,000 |
| Allowance for loan losses | 561,000 | 606,000 | 1,483,000 | 2,698,000 |
| Securities available for sale | 5,322,000 | 5,878,000 | 5,016,000 | 13,664,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,042,000 | 63,039,000 | 90,219,000 | 191,141,000 |
| Interest-bearing deposits | 56,404,000 | 58,986,000 | 84,896,000 | 185,236,000 |
| Noninterest-bearing deposits | 3,638,000 | 4,053,000 | 5,323,000 | 5,905,000 |
| Equity capital | 7,553,000 | 7,615,000 | 56,791,000 | 56,793,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 838,000 | 1,723,000 | 3,196,000 | 6,217,000 |
| Interest expense | 326,000 | 643,000 | 999,000 | 1,624,000 |
| Net interest income | 512,000 | 1,080,000 | 2,197,000 | 4,593,000 |
| Noninterest income | 43,000 | 85,000 | 138,000 | 175,000 |
| Noninterest expense | 520,000 | 1,046,000 | 1,783,000 | 3,036,000 |
| Provision for loan losses | 69,000 | 114,000 | 991,000 | 2,206,000 |
| Pretax income | -34,000 | 5,000 | -439,000 | -474,000 |
| Income tax | 0 | 0 | -667,000 | -680,000 |
| Net income | -34,000 | 5,000 | 228,000 | 206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,537,000 | 7,577,000 | 55,765,000 | 55,723,000 |
| Total capital | 8,098,000 | 8,183,000 | 57,248,000 | 58,421,000 |
| Risk-weighted assets | 54,503,000 | 57,613,000 | 143,634,000 | 244,045,000 |