Call reports 2003
NORTH GEORGIA BANK — 2003
What NORTH GEORGIA BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 73,915,000 | 75,111,000 | 80,458,000 | 81,926,000 |
| Total loans | 59,507,000 | 59,513,000 | 66,891,000 | 67,952,000 |
| Allowance for loan losses | 785,000 | 878,000 | 999,000 | 1,124,000 |
| Securities available for sale | 8,220,000 | 8,690,000 | 8,707,000 | 9,096,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,383,000 | 67,329,000 | 71,758,000 | 72,392,000 |
| Interest-bearing deposits | 63,610,000 | 63,994,000 | 68,931,000 | 69,090,000 |
| Noninterest-bearing deposits | 2,773,000 | 3,335,000 | 2,827,000 | 3,302,000 |
| Equity capital | 5,938,000 | 6,191,000 | 6,281,000 | 6,567,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,101,000 | 2,322,000 | 3,562,000 | 4,931,000 |
| Interest expense | 455,000 | 923,000 | 1,374,000 | 1,851,000 |
| Net interest income | 646,000 | 1,399,000 | 2,188,000 | 3,080,000 |
| Noninterest income | 44,000 | 90,000 | 142,000 | 203,000 |
| Noninterest expense | 343,000 | 703,000 | 1,074,000 | 1,482,000 |
| Provision for loan losses | 102,000 | 197,000 | 342,000 | 457,000 |
| Pretax income | 245,000 | 589,000 | 914,000 | 1,344,000 |
| Income tax | 83,000 | 205,000 | 313,000 | 460,000 |
| Net income | 162,000 | 384,000 | 601,000 | 884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,859,000 | 6,081,000 | 6,258,000 | 6,541,000 |
| Total capital | 6,617,000 | 6,839,000 | 7,100,000 | 7,399,000 |
| Risk-weighted assets | 60,411,000 | 60,496,000 | 66,958,000 | 68,382,000 |