Call reports 2009
NORTH GEORGIA NATIONAL BANK — 2009
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 166,400,000 | 164,751,000 | 149,854,000 | 150,902,000 |
| Total loans | 109,721,000 | 105,640,000 | 96,737,000 | 91,686,000 |
| Allowance for loan losses | 1,345,000 | 1,440,000 | 3,058,000 | 2,837,000 |
| Securities available for sale | 31,712,000 | 37,878,000 | 33,647,000 | 25,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,659,000 | 138,190,000 | 123,075,000 | 126,416,000 |
| Interest-bearing deposits | 130,783,000 | 130,929,000 | 115,256,000 | 116,865,000 |
| Noninterest-bearing deposits | 7,876,000 | 7,261,000 | 7,819,000 | 9,551,000 |
| Equity capital | 15,391,000 | 14,678,000 | 13,344,000 | 13,131,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,113,000 | 4,325,000 | 6,370,000 | 8,292,000 |
| Interest expense | 939,000 | 1,819,000 | 2,616,000 | 3,375,000 |
| Net interest income | 1,174,000 | 2,506,000 | 3,754,000 | 4,917,000 |
| Noninterest income | 207,000 | 388,000 | 661,000 | 998,000 |
| Noninterest expense | 1,106,000 | 2,702,000 | 3,754,000 | 5,725,000 |
| Provision for loan losses | 55,000 | 175,000 | 3,342,000 | 3,342,000 |
| Pretax income | 220,000 | 200,000 | -2,407,000 | -2,618,000 |
| Income tax | 75,000 | 178,000 | -680,000 | -746,000 |
| Net income | 145,000 | 22,000 | -1,727,000 | -1,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,069,000 | 14,904,000 | 13,121,000 | 13,050,000 |
| Total capital | 16,414,000 | 16,333,000 | 14,463,000 | 14,294,000 |
| Risk-weighted assets | 119,786,000 | 114,272,000 | 105,658,000 | 97,890,000 |