Call reports 2008
SECURITY BANK OF GWINNETT COUNTY — 2008
What SECURITY BANK OF GWINNETT COUNTY 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 | 374,143,000 | 369,163,000 | 362,778,000 | 346,763,000 |
| Total loans | 288,188,000 | 265,692,000 | 243,849,000 | 226,576,000 |
| Allowance for loan losses | 11,490,000 | 14,543,000 | 17,699,000 | 10,807,000 |
| Securities available for sale | 31,751,000 | 45,922,000 | 46,474,000 | 47,173,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,795,000 | 331,601,000 | 316,514,000 | 310,767,000 |
| Interest-bearing deposits | 296,119,000 | 326,507,000 | 311,776,000 | 306,880,000 |
| Noninterest-bearing deposits | 4,676,000 | 5,094,000 | 4,738,000 | 3,887,000 |
| Equity capital | 54,013,000 | 24,134,000 | 22,942,000 | 12,343,000 |
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 | 4,132,000 | 7,397,000 | 10,939,000 | 13,632,000 |
| Interest expense | 3,882,000 | 7,494,000 | 11,029,000 | 14,506,000 |
| Net interest income | 250,000 | -97,000 | -90,000 | -874,000 |
| Noninterest income | 64,000 | -1,000,000 | -1,458,000 | -2,631,000 |
| Noninterest expense | 1,444,000 | 28,830,000 | 30,499,000 | 32,121,000 |
| Provision for loan losses | 9,546,000 | 15,015,000 | 22,416,000 | 22,416,000 |
| Pretax income | -10,648,000 | -44,914,000 | -54,435,000 | -57,952,000 |
| Income tax | -3,846,000 | -6,989,000 | -10,565,000 | -924,000 |
| Net income | -6,802,000 | -37,925,000 | -43,870,000 | -57,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,654,000 | 25,898,000 | 24,179,000 | 12,426,000 |
| Total capital | 31,673,000 | 29,718,000 | 27,768,000 | 15,801,000 |
| Risk-weighted assets | 314,102,000 | 294,908,000 | 273,069,000 | 262,529,000 |