Call reports 2009
SECURITY BANK OF GWINNETT COUNTY — 2009
What SECURITY BANK OF GWINNETT COUNTY reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Total assets | 322,295,000 | 259,182,000 |
| Total loans | 210,385,000 | 178,963,000 |
| Allowance for loan losses | 10,445,000 | 11,360,000 |
| Securities available for sale | 54,027,000 | 28,186,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 292,174,000 | 256,578,000 |
| Interest-bearing deposits | 288,272,000 | 232,116,000 |
| Noninterest-bearing deposits | 3,902,000 | 24,462,000 |
| Equity capital | 3,807,000 | -20,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Interest income | 1,833,000 | 2,840,000 |
| Interest expense | 3,213,000 | 5,897,000 |
| Net interest income | -1,380,000 | -3,057,000 |
| Noninterest income | -827,000 | -3,621,000 |
| Noninterest expense | 1,791,000 | 4,351,000 |
| Provision for loan losses | 4,679,000 | 22,267,000 |
| Pretax income | -8,382,000 | -33,054,000 |
| Income tax | 136,000 | 135,000 |
| Net income | -8,518,000 | -33,189,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Tier 1 capital | 3,787,000 | -20,845,000 |
| Total capital | 7,029,000 | -20,845,000 |
| Risk-weighted assets | 252,161,000 | 195,171,000 |