Call reports 2004
NORTH GEORGIA NATIONAL BANK — 2004
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 109,948,000 | 114,540,000 | 117,810,000 | 116,177,000 |
| Total loans | 71,779,000 | 75,253,000 | 78,826,000 | 78,266,000 |
| Allowance for loan losses | 900,000 | 957,000 | 952,000 | 1,156,000 |
| Securities available for sale | 28,387,000 | 27,072,000 | 26,763,000 | 25,344,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,100,000 | 94,657,000 | 94,679,000 | 92,776,000 |
| Interest-bearing deposits | 87,614,000 | 89,094,000 | 86,608,000 | 85,204,000 |
| Noninterest-bearing deposits | 5,485,000 | 5,563,000 | 8,071,000 | 7,572,000 |
| Equity capital | 9,523,000 | 11,578,000 | 12,093,000 | 12,060,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,398,000 | 2,838,000 | 4,374,000 | 5,981,000 |
| Interest expense | 426,000 | 845,000 | 1,269,000 | 1,721,000 |
| Net interest income | 972,000 | 1,993,000 | 3,105,000 | 4,260,000 |
| Noninterest income | 320,000 | 510,000 | 738,000 | 955,000 |
| Noninterest expense | 722,000 | 1,510,000 | 2,355,000 | 3,285,000 |
| Provision for loan losses | 30,000 | 125,000 | 325,000 | 533,000 |
| Pretax income | 608,000 | 937,000 | 1,230,000 | 1,470,000 |
| Income tax | 231,000 | 356,000 | 467,000 | 450,000 |
| Net income | 377,000 | 581,000 | 763,000 | 1,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,386,000 | 11,991,000 | 12,129,000 | 12,179,000 |
| Total capital | 10,286,000 | 12,948,000 | 13,081,000 | 13,244,000 |
| Risk-weighted assets | 77,008,000 | 82,076,000 | 85,382,000 | 85,214,000 |