Call reports 2007
NORTH GEORGIA NATIONAL BANK — 2007
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 167,481,000 | 172,348,000 | 169,667,000 | 164,483,000 |
| Total loans | 91,646,000 | 100,056,000 | 100,219,000 | 102,279,000 |
| Allowance for loan losses | 1,117,000 | 1,113,000 | 1,067,000 | 1,307,000 |
| Securities available for sale | 38,235,000 | 41,964,000 | 55,332,000 | 44,641,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,852,000 | 144,017,000 | 140,591,000 | 136,952,000 |
| Interest-bearing deposits | 137,787,000 | 136,324,000 | 130,612,000 | 127,849,000 |
| Noninterest-bearing deposits | 9,065,000 | 7,693,000 | 9,979,000 | 9,103,000 |
| Equity capital | 14,286,000 | 14,209,000 | 14,823,000 | 15,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,785,000 | 5,685,000 | 8,643,000 | 11,534,000 |
| Interest expense | 1,487,000 | 3,063,000 | 4,684,000 | 6,187,000 |
| Net interest income | 1,298,000 | 2,622,000 | 3,959,000 | 5,347,000 |
| Noninterest income | 346,000 | 680,000 | 1,004,000 | 1,341,000 |
| Noninterest expense | 1,149,000 | 2,298,000 | 3,480,000 | 4,678,000 |
| Provision for loan losses | 3,000 | 7,000 | 43,000 | 281,000 |
| Pretax income | 492,000 | 997,000 | 1,440,000 | 1,733,000 |
| Income tax | 187,000 | 377,000 | 513,000 | 619,000 |
| Net income | 305,000 | 620,000 | 927,000 | 1,114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,568,000 | 14,799,000 | 15,024,000 | 15,164,000 |
| Total capital | 15,685,000 | 15,912,000 | 16,091,000 | 16,471,000 |
| Risk-weighted assets | 109,656,000 | 117,749,000 | 116,773,000 | 117,616,000 |