Call reports 2001
NORTH GEORGIA NATIONAL BANK — 2001
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 52,299,000 | 58,978,000 | 68,614,000 | 70,731,000 |
| Total loans | 33,324,000 | 35,395,000 | 36,388,000 | 40,614,000 |
| Allowance for loan losses | 444,000 | 474,000 | 464,000 | 527,000 |
| Securities available for sale | 6,812,000 | 11,971,000 | 17,395,000 | 25,227,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,400,000 | 51,506,000 | 60,981,000 | 63,333,000 |
| Interest-bearing deposits | 41,067,000 | 46,333,000 | 55,749,000 | 58,207,000 |
| Noninterest-bearing deposits | 3,333,000 | 5,173,000 | 5,232,000 | 5,126,000 |
| Equity capital | 7,134,000 | 7,124,000 | 7,258,000 | 7,054,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 956,000 | 1,947,000 | 2,998,000 | 4,100,000 |
| Interest expense | 530,000 | 1,106,000 | 1,720,000 | 2,247,000 |
| Net interest income | 426,000 | 841,000 | 1,278,000 | 1,853,000 |
| Noninterest income | 83,000 | 167,000 | 248,000 | 373,000 |
| Noninterest expense | 491,000 | 980,000 | 1,494,000 | 2,062,000 |
| Provision for loan losses | 30,000 | 60,000 | 75,000 | 140,000 |
| Pretax income | 2,000 | -18,000 | -29,000 | 44,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,000 | -18,000 | -29,000 | 44,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,063,000 | 7,044,000 | 7,032,000 | 7,106,000 |
| Total capital | 7,507,000 | 7,518,000 | 7,496,000 | 7,633,000 |
| Risk-weighted assets | 37,775,000 | 41,231,000 | 45,042,000 | 49,236,000 |