Call reports 2008
FIRST GEORGIA BANKING COMPANY — 2008
What FIRST GEORGIA BANKING COMPANY 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 | 715,523,000 | 780,307,000 | 831,799,000 | 821,212,000 |
| Total loans | 581,689,000 | 646,850,000 | 690,985,000 | 683,178,000 |
| Allowance for loan losses | 6,755,000 | 7,635,000 | 9,606,000 | 11,013,000 |
| Securities available for sale | 79,797,000 | 71,721,000 | 72,341,000 | 71,764,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 633,618,000 | 697,658,000 | 746,332,000 | 737,821,000 |
| Interest-bearing deposits | 595,996,000 | 654,336,000 | 706,661,000 | 702,132,000 |
| Noninterest-bearing deposits | 37,622,000 | 43,322,000 | 39,671,000 | 35,689,000 |
| Equity capital | 64,709,000 | 65,472,000 | 66,867,000 | 64,971,000 |
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 | 11,600,000 | 22,629,000 | 34,161,000 | 44,735,000 |
| Interest expense | 6,227,000 | 11,988,000 | 18,028,000 | 24,008,000 |
| Net interest income | 5,373,000 | 10,641,000 | 16,133,000 | 20,727,000 |
| Noninterest income | 1,045,000 | 1,936,000 | 2,712,000 | 2,497,000 |
| Noninterest expense | 5,666,000 | 11,385,000 | 16,930,000 | 22,632,000 |
| Provision for loan losses | 859,000 | 2,425,000 | 4,576,000 | 8,914,000 |
| Pretax income | 502,000 | -603,000 | -2,031,000 | -7,596,000 |
| Income tax | 160,000 | -283,000 | -839,000 | -2,794,000 |
| Net income | 342,000 | -320,000 | -1,192,000 | -4,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,016,000 | 66,749,000 | 66,690,000 | 62,495,000 |
| Total capital | 71,771,000 | 74,384,000 | 75,248,000 | 70,932,000 |
| Risk-weighted assets | 577,756,000 | 638,684,000 | 683,563,000 | 672,373,000 |