Call reports 2004
NORTH GEORGIA BANK — 2004
What NORTH GEORGIA BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 88,211,000 | 92,522,000 | 97,652,000 | 105,902,000 |
| Total loans | 72,558,000 | 76,772,000 | 82,594,000 | 84,655,000 |
| Allowance for loan losses | 1,230,000 | 1,334,000 | 1,401,000 | 1,470,000 |
| Securities available for sale | 9,630,000 | 9,771,000 | 9,938,000 | 9,602,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,467,000 | 81,850,000 | 86,496,000 | 94,208,000 |
| Interest-bearing deposits | 72,575,000 | 77,114,000 | 81,295,000 | 86,734,000 |
| Noninterest-bearing deposits | 4,892,000 | 4,736,000 | 5,201,000 | 7,474,000 |
| Equity capital | 6,938,000 | 7,054,000 | 7,473,000 | 7,846,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,465,000 | 2,873,000 | 4,372,000 | 6,078,000 |
| Interest expense | 458,000 | 932,000 | 1,441,000 | 2,020,000 |
| Net interest income | 1,007,000 | 1,941,000 | 2,931,000 | 4,058,000 |
| Noninterest income | 52,000 | 111,000 | 166,000 | 221,000 |
| Noninterest expense | 420,000 | 860,000 | 1,331,000 | 1,821,000 |
| Provision for loan losses | 135,000 | 250,000 | 360,000 | 440,000 |
| Pretax income | 504,000 | 942,000 | 1,413,000 | 2,025,000 |
| Income tax | 179,000 | 333,000 | 497,000 | 720,000 |
| Net income | 325,000 | 609,000 | 916,000 | 1,305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,866,000 | 7,150,000 | 7,457,000 | 7,846,000 |
| Total capital | 7,782,000 | 8,122,000 | 8,501,000 | 8,938,000 |
| Risk-weighted assets | 72,951,000 | 77,391,000 | 83,165,000 | 86,991,000 |