Call reports 2008
COMMUNITY BANK OF WEST GEORGIA — 2008
What COMMUNITY BANK OF WEST GEORGIA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 207,620,000 | 201,363,000 | 200,431,000 | 203,107,000 |
| Total loans | 177,690,000 | 166,023,000 | 159,944,000 | 138,024,000 |
| Allowance for loan losses | 2,754,000 | 2,817,000 | 6,223,000 | 4,713,000 |
| Securities available for sale | 15,379,000 | 14,921,000 | 16,872,000 | 24,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,635,000 | 180,508,000 | 183,539,000 | 188,037,000 |
| Interest-bearing deposits | 167,763,000 | 175,710,000 | 179,437,000 | 183,952,000 |
| Noninterest-bearing deposits | 6,872,000 | 4,798,000 | 4,102,000 | 4,085,000 |
| Equity capital | 15,087,000 | 16,420,000 | 12,513,000 | 10,890,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,352,000 | 6,368,000 | 9,118,000 | 11,426,000 |
| Interest expense | 2,130,000 | 4,051,000 | 5,895,000 | 7,812,000 |
| Net interest income | 1,222,000 | 2,317,000 | 3,223,000 | 3,614,000 |
| Noninterest income | 3,000 | 93,000 | 170,000 | 275,000 |
| Noninterest expense | 1,321,000 | 2,702,000 | 4,093,000 | 5,500,000 |
| Provision for loan losses | 1,595,000 | 1,770,000 | 5,497,000 | 6,285,000 |
| Pretax income | -1,691,000 | -2,023,000 | -6,197,000 | -7,896,000 |
| Income tax | 215,000 | 215,000 | 215,000 | 338,000 |
| Net income | -1,906,000 | -2,238,000 | -6,412,000 | -8,234,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,067,000 | 16,658,000 | 12,509,000 | 10,753,000 |
| Total capital | 16,891,000 | 18,734,000 | 14,693,000 | 12,785,000 |
| Risk-weighted assets | 186,644,000 | 177,170,000 | 170,646,000 | 159,883,000 |