Call reports 2002
NORTH GEORGIA BANK — 2002
What NORTH GEORGIA BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 43,582,000 | 53,739,000 | 62,205,000 | 66,880,000 |
| Total loans | 35,612,000 | 43,623,000 | 49,148,000 | 52,188,000 |
| Allowance for loan losses | 440,000 | 543,000 | 618,000 | 683,000 |
| Securities available for sale | 4,012,000 | 5,390,000 | 5,653,000 | 7,909,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,311,000 | 48,106,000 | 56,305,000 | 60,733,000 |
| Interest-bearing deposits | 36,243,000 | 45,874,000 | 53,929,000 | 58,107,000 |
| Noninterest-bearing deposits | 2,068,000 | 2,232,000 | 2,376,000 | 2,626,000 |
| Equity capital | 5,128,000 | 5,452,000 | 5,612,000 | 5,794,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 726,000 | 1,634,000 | 2,650,000 | 3,757,000 |
| Interest expense | 296,000 | 630,000 | 1,029,000 | 1,473,000 |
| Net interest income | 430,000 | 1,004,000 | 1,621,000 | 2,284,000 |
| Noninterest income | 34,000 | 73,000 | 105,000 | 137,000 |
| Noninterest expense | 260,000 | 543,000 | 868,000 | 1,212,000 |
| Provision for loan losses | 56,000 | 159,000 | 234,000 | 299,000 |
| Pretax income | 148,000 | 375,000 | 624,000 | 910,000 |
| Income tax | 0 | 0 | 95,000 | 203,000 |
| Net income | 148,000 | 375,000 | 529,000 | 707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,138,000 | 5,365,000 | 5,519,000 | 5,696,000 |
| Total capital | 5,578,000 | 5,900,000 | 6,119,000 | 6,354,000 |
| Risk-weighted assets | 35,278,000 | 42,766,000 | 47,962,000 | 52,456,000 |