Call reports 2007
SECURITY BANK OF GWINNETT COUNTY — 2007
What SECURITY BANK OF GWINNETT COUNTY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 353,720,000 | 381,831,000 | 396,414,000 | 403,656,000 |
| Total loans | 285,766,000 | 300,078,000 | 313,075,000 | 314,490,000 |
| Allowance for loan losses | 3,345,000 | 3,350,000 | 2,615,000 | 3,846,000 |
| Securities available for sale | 16,460,000 | 20,704,000 | 20,363,000 | 34,078,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 278,774,000 | 305,609,000 | 310,201,000 | 312,040,000 |
| Interest-bearing deposits | 272,086,000 | 298,416,000 | 304,411,000 | 307,780,000 |
| Noninterest-bearing deposits | 6,688,000 | 7,193,000 | 5,790,000 | 4,260,000 |
| Equity capital | 57,210,000 | 58,096,000 | 58,565,000 | 57,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,696,000 | 13,703,000 | 21,066,000 | 27,359,000 |
| Interest expense | 3,677,000 | 7,728,000 | 12,063,000 | 16,204,000 |
| Net interest income | 3,019,000 | 5,975,000 | 9,003,000 | 11,155,000 |
| Noninterest income | 55,000 | 106,000 | 191,000 | -428,000 |
| Noninterest expense | 1,163,000 | 2,377,000 | 3,636,000 | 4,755,000 |
| Provision for loan losses | 180,000 | 330,000 | 330,000 | 2,084,000 |
| Pretax income | 1,731,000 | 3,374,000 | 5,228,000 | 3,888,000 |
| Income tax | 663,000 | 1,246,000 | 1,919,000 | 1,405,000 |
| Net income | 1,068,000 | 2,128,000 | 3,309,000 | 2,483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,420,000 | 32,481,000 | 32,271,000 | 31,469,000 |
| Total capital | 34,765,000 | 35,831,000 | 34,886,000 | 35,315,000 |
| Risk-weighted assets | 338,639,000 | 341,804,000 | 345,131,000 | 347,292,000 |