Call reports 2003
NORTH GEORGIA NATIONAL BANK — 2003
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 81,837,000 | 97,984,000 | 102,858,000 | 103,348,000 |
| Total loans | 54,109,000 | 62,762,000 | 67,838,000 | 71,640,000 |
| Allowance for loan losses | 706,000 | 780,000 | 896,000 | 873,000 |
| Securities available for sale | 16,721,000 | 25,305,000 | 26,515,000 | 24,325,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,818,000 | 83,380,000 | 86,476,000 | 87,626,000 |
| Interest-bearing deposits | 62,360,000 | 78,260,000 | 81,157,000 | 81,545,000 |
| Noninterest-bearing deposits | 4,458,000 | 5,120,000 | 5,319,000 | 6,081,000 |
| Equity capital | 8,453,000 | 8,954,000 | 8,840,000 | 9,046,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,135,000 | 2,310,000 | 3,551,000 | 4,881,000 |
| Interest expense | 391,000 | 801,000 | 1,235,000 | 1,680,000 |
| Net interest income | 744,000 | 1,509,000 | 2,316,000 | 3,201,000 |
| Noninterest income | 140,000 | 299,000 | 493,000 | 666,000 |
| Noninterest expense | 665,000 | 1,384,000 | 2,126,000 | 2,945,000 |
| Provision for loan losses | 30,000 | 130,000 | 255,000 | 255,000 |
| Pretax income | 349,000 | 552,000 | 684,000 | 923,000 |
| Income tax | 0 | -355,000 | -306,000 | -215,000 |
| Net income | 349,000 | 907,000 | 990,000 | 1,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,220,000 | 8,531,000 | 8,454,000 | 9,009,000 |
| Total capital | 8,925,000 | 9,311,000 | 9,350,000 | 9,882,000 |
| Risk-weighted assets | 61,255,000 | 69,040,000 | 73,966,000 | 76,069,000 |