Call reports 2018
SOUTHWEST GEORGIA BANK — 2018
What SOUTHWEST GEORGIA BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 508,913,000 | 506,845,000 | 513,889,000 | 533,385,000 |
| Total loans | 334,675,000 | 345,260,000 | 365,989,000 | 376,110,000 |
| Allowance for loan losses | 3,170,000 | 3,193,000 | 3,078,000 | 3,429,000 |
| Securities available for sale | 56,128,000 | 59,281,000 | 58,576,000 | 58,313,000 |
| Securities held to maturity | 43,898,000 | 41,189,000 | 36,961,000 | 36,827,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 420,640,000 | 417,189,000 | 427,514,000 | 456,316,000 |
| Interest-bearing deposits | 287,706,000 | 318,883,000 | 327,351,000 | 352,619,000 |
| Noninterest-bearing deposits | 132,934,000 | 98,306,000 | 100,163,000 | 103,697,000 |
| Equity capital | 37,916,000 | 38,874,000 | 39,715,000 | 41,497,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 5,058,000 | 10,344,000 | 15,976,000 | 21,867,000 |
| Interest expense | 618,000 | 1,348,000 | 2,220,000 | 3,340,000 |
| Net interest income | 4,440,000 | 8,996,000 | 13,756,000 | 18,527,000 |
| Noninterest income | 995,000 | 2,055,000 | 3,032,000 | 4,372,000 |
| Noninterest expense | 3,955,000 | 8,011,000 | 12,115,000 | 16,446,000 |
| Provision for loan losses | 216,000 | 356,000 | 605,000 | 830,000 |
| Pretax income | 1,264,000 | 2,684,000 | 4,068,000 | 5,458,000 |
| Income tax | 12,000 | 239,000 | 461,000 | 708,000 |
| Net income | 1,252,000 | 2,445,000 | 3,607,000 | 4,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,299,000 | 41,496,000 | 42,662,000 | 43,680,000 |
| Total capital | 43,469,000 | 44,689,000 | 45,740,000 | 47,109,000 |
| Risk-weighted assets | 339,021,000 | 350,549,000 | 373,070,000 | 381,785,000 |