Call reports 2008
SOUTHWEST GEORGIA BANK — 2008
What SOUTHWEST GEORGIA BANK 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 | 288,629,000 | 267,726,000 | 265,307,000 | 266,572,000 |
| Total loans | 125,042,000 | 132,133,000 | 143,270,000 | 148,995,000 |
| Allowance for loan losses | 2,402,000 | 2,385,000 | 2,387,000 | 2,376,000 |
| Securities available for sale | 79,335,000 | 91,607,000 | 87,260,000 | 83,194,000 |
| Securities held to maturity | 18,230,000 | 15,590,000 | 13,108,000 | 12,108,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,360,000 | 220,999,000 | 209,691,000 | 214,904,000 |
| Interest-bearing deposits | 191,864,000 | 187,320,000 | 178,580,000 | 175,522,000 |
| Noninterest-bearing deposits | 38,496,000 | 33,679,000 | 31,111,000 | 39,382,000 |
| Equity capital | 25,546,000 | 24,129,000 | 21,748,000 | 22,406,000 |
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 | 3,919,000 | 7,710,000 | 11,421,000 | 15,061,000 |
| Interest expense | 1,608,000 | 3,040,000 | 4,328,000 | 5,485,000 |
| Net interest income | 2,311,000 | 4,670,000 | 7,093,000 | 9,576,000 |
| Noninterest income | 1,712,000 | 3,199,000 | 4,463,000 | 5,580,000 |
| Noninterest expense | 3,016,000 | 5,864,000 | 10,053,000 | 13,026,000 |
| Provision for loan losses | 0 | 0 | 0 | 825,000 |
| Pretax income | 1,007,000 | 2,005,000 | -2,602,000 | -2,800,000 |
| Income tax | 261,000 | 481,000 | -1,470,000 | -1,600,000 |
| Net income | 746,000 | 1,524,000 | -1,132,000 | -1,200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,712,000 | 25,138,000 | 22,439,000 | 22,273,000 |
| Total capital | 26,559,000 | 26,984,000 | 24,443,000 | 24,295,000 |
| Risk-weighted assets | 147,233,000 | 147,173,000 | 159,919,000 | 161,432,000 |