Call reports 2014
SOUTHWEST GEORGIA BANK — 2014
What SOUTHWEST GEORGIA BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 394,163,000 | 374,851,000 | 379,880,000 | 373,629,000 |
| Total loans | 222,789,000 | 227,154,000 | 225,693,000 | 224,384,000 |
| Allowance for loan losses | 3,073,000 | 3,127,000 | 3,196,000 | 3,114,000 |
| Securities available for sale | 40,654,000 | 52,690,000 | 50,097,000 | 53,838,000 |
| Securities held to maturity | 58,974,000 | 58,429,000 | 58,737,000 | 61,588,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,239,000 | 314,831,000 | 311,940,000 | 310,650,000 |
| Interest-bearing deposits | 236,752,000 | 228,541,000 | 221,925,000 | 229,303,000 |
| Noninterest-bearing deposits | 95,487,000 | 86,290,000 | 90,015,000 | 81,347,000 |
| Equity capital | 30,311,000 | 31,418,000 | 32,004,000 | 33,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,554,000 | 7,280,000 | 11,000,000 | 14,708,000 |
| Interest expense | 403,000 | 739,000 | 1,046,000 | 1,361,000 |
| Net interest income | 3,151,000 | 6,541,000 | 9,954,000 | 13,347,000 |
| Noninterest income | 1,188,000 | 2,434,000 | 3,577,000 | 4,693,000 |
| Noninterest expense | 3,475,000 | 7,019,000 | 10,606,000 | 14,204,000 |
| Provision for loan losses | 105,000 | 180,000 | 255,000 | 330,000 |
| Pretax income | 913,000 | 1,930,000 | 2,964,000 | 3,800,000 |
| Income tax | 201,000 | 429,000 | 662,000 | 828,000 |
| Net income | 712,000 | 1,501,000 | 2,302,000 | 2,972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,231,000 | 32,025,000 | 32,830,000 | 33,503,000 |
| Total capital | 34,181,000 | 35,061,000 | 35,826,000 | 36,510,000 |
| Risk-weighted assets | 235,836,000 | 242,804,000 | 239,454,000 | 240,455,000 |