Call reports 2003
SOUTHWEST GEORGIA BANK — 2003
What SOUTHWEST 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 | 243,265,000 | 237,740,000 | 239,843,000 | 245,484,000 |
| Total loans | 101,744,000 | 98,982,000 | 94,160,000 | 96,730,000 |
| Allowance for loan losses | 2,017,000 | 2,088,000 | 2,338,000 | 2,338,000 |
| Securities available for sale | 55,179,000 | 62,187,000 | 74,967,000 | 70,324,000 |
| Securities held to maturity | 60,146,000 | 55,145,000 | 50,319,000 | 54,695,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,739,000 | 187,751,000 | 180,860,000 | 184,230,000 |
| Interest-bearing deposits | 164,572,000 | 162,152,000 | 157,361,000 | 156,293,000 |
| Noninterest-bearing deposits | 25,167,000 | 25,599,000 | 23,499,000 | 27,937,000 |
| Equity capital | 31,014,000 | 30,616,000 | 30,249,000 | 30,727,000 |
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 | 3,341,000 | 6,717,000 | 9,915,000 | 13,111,000 |
| Interest expense | 960,000 | 1,869,000 | 2,679,000 | 3,438,000 |
| Net interest income | 2,381,000 | 4,848,000 | 7,236,000 | 9,673,000 |
| Noninterest income | 1,601,000 | 1,244,000 | 2,913,000 | 4,545,000 |
| Noninterest expense | 2,524,000 | 5,055,000 | 7,469,000 | 10,075,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 517,000 |
| Pretax income | 1,308,000 | 737,000 | 2,230,000 | 3,626,000 |
| Income tax | 441,000 | 226,000 | 779,000 | 1,136,000 |
| Net income | 867,000 | 511,000 | 1,451,000 | 2,490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,359,000 | 28,516,000 | 28,805,000 | 29,362,000 |
| Total capital | 30,922,000 | 30,023,000 | 30,279,000 | 30,909,000 |
| Risk-weighted assets | 124,617,000 | 119,997,000 | 117,500,000 | 122,943,000 |