Call reports 2008
NORTH GEORGIA NATIONAL BANK — 2008
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 171,238,000 | 175,471,000 | 154,716,000 | 151,201,000 |
| Total loans | 104,437,000 | 109,214,000 | 110,316,000 | 109,435,000 |
| Allowance for loan losses | 1,265,000 | 1,280,000 | 1,311,000 | 1,305,000 |
| Securities available for sale | 49,983,000 | 47,430,000 | 29,246,000 | 23,205,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,003,000 | 136,389,000 | 123,239,000 | 122,581,000 |
| Interest-bearing deposits | 132,734,000 | 127,697,000 | 115,299,000 | 114,980,000 |
| Noninterest-bearing deposits | 10,269,000 | 8,692,000 | 7,940,000 | 7,601,000 |
| Equity capital | 15,988,000 | 15,316,000 | 15,062,000 | 15,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,692,000 | 5,284,000 | 7,851,000 | 10,096,000 |
| Interest expense | 1,315,000 | 2,488,000 | 3,599,000 | 4,624,000 |
| Net interest income | 1,377,000 | 2,796,000 | 4,252,000 | 5,472,000 |
| Noninterest income | 392,000 | 746,000 | 866,000 | 1,143,000 |
| Noninterest expense | 1,159,000 | 2,348,000 | 3,494,000 | 4,713,000 |
| Provision for loan losses | 50,000 | 246,000 | 805,000 | 1,330,000 |
| Pretax income | 584,000 | 967,000 | 971,000 | 899,000 |
| Income tax | 210,000 | 348,000 | 340,000 | 307,000 |
| Net income | 374,000 | 619,000 | 631,000 | 592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,458,000 | 15,605,000 | 15,291,000 | 14,971,000 |
| Total capital | 16,723,000 | 16,885,000 | 16,602,000 | 16,276,000 |
| Risk-weighted assets | 120,394,000 | 123,279,000 | 119,263,000 | 117,365,000 |