Call reports 2008
BANK OF GEORGIA, THE — 2008
What BANK OF GEORGIA, THE 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 | 376,804,000 | 392,304,000 | 387,084,000 | 384,793,000 |
| Total loans | 304,324,000 | 309,015,000 | 306,561,000 | 308,641,000 |
| Allowance for loan losses | 4,545,000 | 4,738,000 | 5,201,000 | 7,959,000 |
| Securities available for sale | 38,374,000 | 37,733,000 | 38,476,000 | 37,324,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,479,000 | 327,285,000 | 323,174,000 | 311,862,000 |
| Interest-bearing deposits | 275,482,000 | 295,333,000 | 291,512,000 | 284,632,000 |
| Noninterest-bearing deposits | 31,997,000 | 31,952,000 | 31,662,000 | 27,230,000 |
| Equity capital | 36,199,000 | 35,833,000 | 35,085,000 | 33,429,000 |
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 | 6,078,000 | 11,584,000 | 16,931,000 | 21,966,000 |
| Interest expense | 3,048,000 | 5,956,000 | 8,860,000 | 11,729,000 |
| Net interest income | 3,030,000 | 5,628,000 | 8,071,000 | 10,237,000 |
| Noninterest income | 462,000 | 924,000 | 1,356,000 | 1,068,000 |
| Noninterest expense | 2,759,000 | 5,387,000 | 8,153,000 | 10,782,000 |
| Provision for loan losses | 345,000 | 690,000 | 1,996,000 | 6,382,000 |
| Pretax income | 394,000 | 481,000 | -638,000 | -5,787,000 |
| Income tax | 104,000 | 107,000 | -169,000 | -2,659,000 |
| Net income | 290,000 | 374,000 | -469,000 | -3,128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,964,000 | 35,948,000 | 35,005,000 | 33,547,000 |
| Total capital | 40,242,000 | 40,265,000 | 39,355,000 | 37,899,000 |
| Risk-weighted assets | 341,968,000 | 347,083,000 | 347,137,000 | 344,588,000 |