Call reports 2004
SECURITY BANK OF GWINNETT COUNTY — 2004
What SECURITY BANK OF GWINNETT COUNTY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 68,579,000 | 79,773,000 | 109,343,000 | 120,505,000 |
| Total loans | 43,840,000 | 53,791,000 | 75,317,000 | 92,429,000 |
| Allowance for loan losses | 320,000 | 538,000 | 755,000 | 950,000 |
| Securities available for sale | 14,774,000 | 7,198,000 | 6,960,000 | 6,587,000 |
| Securities held to maturity | 4,084,000 | 11,225,000 | 11,277,000 | 11,299,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,071,000 | 60,796,000 | 88,018,000 | 97,855,000 |
| Interest-bearing deposits | 41,070,000 | 58,995,000 | 80,101,000 | 94,475,000 |
| Noninterest-bearing deposits | 4,001,000 | 1,801,000 | 7,917,000 | 3,380,000 |
| Equity capital | 9,320,000 | 8,720,000 | 9,031,000 | 10,185,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 587,000 | 1,428,000 | 2,599,000 | 4,196,000 |
| Interest expense | 246,000 | 563,000 | 1,019,000 | 1,679,000 |
| Net interest income | 341,000 | 865,000 | 1,580,000 | 2,517,000 |
| Noninterest income | 3,000 | 8,000 | 6,000 | 10,000 |
| Noninterest expense | 456,000 | 1,063,000 | 1,490,000 | 2,103,000 |
| Provision for loan losses | 88,000 | 306,000 | 523,000 | 718,000 |
| Pretax income | -150,000 | -446,000 | -351,000 | -217,000 |
| Income tax | 0 | 0 | 0 | -1,100,000 |
| Net income | -150,000 | -446,000 | -351,000 | 883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,145,000 | 8,849,000 | 9,063,000 | 9,903,000 |
| Total capital | 9,465,000 | 9,387,000 | 9,818,000 | 10,853,000 |
| Risk-weighted assets | 46,956,000 | 61,059,000 | 96,526,000 | 108,682,000 |