Call reports 2002
NORTH GEORGIA NATIONAL BANK — 2002
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 77,461,000 | 79,726,000 | 75,308,000 | 80,913,000 |
| Total loans | 43,518,000 | 45,830,000 | 48,168,000 | 50,899,000 |
| Allowance for loan losses | 566,000 | 609,000 | 646,000 | 675,000 |
| Securities available for sale | 26,680,000 | 22,180,000 | 20,700,000 | 22,964,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,990,000 | 66,561,000 | 62,719,000 | 66,109,000 |
| Interest-bearing deposits | 60,390,000 | 62,207,000 | 58,936,000 | 61,778,000 |
| Noninterest-bearing deposits | 4,600,000 | 4,354,000 | 3,783,000 | 4,331,000 |
| Equity capital | 6,870,000 | 7,726,000 | 8,212,000 | 8,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,110,000 | 2,275,000 | 3,391,000 | 4,514,000 |
| Interest expense | 426,000 | 860,000 | 1,290,000 | 1,701,000 |
| Net interest income | 684,000 | 1,415,000 | 2,101,000 | 2,813,000 |
| Noninterest income | 113,000 | 220,000 | 356,000 | 508,000 |
| Noninterest expense | 589,000 | 1,193,000 | 1,787,000 | 2,444,000 |
| Provision for loan losses | 30,000 | 75,000 | 105,000 | 153,000 |
| Pretax income | 182,000 | 384,000 | 582,000 | 765,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 182,000 | 384,000 | 582,000 | 765,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,287,000 | 7,489,000 | 7,687,000 | 7,870,000 |
| Total capital | 7,853,000 | 8,098,000 | 8,333,000 | 8,545,000 |
| Risk-weighted assets | 50,437,000 | 52,173,000 | 55,030,000 | 57,932,000 |