Call reports 2010
NORTH GEORGIA NATIONAL BANK — 2010
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 148,512,000 | 141,580,000 | 130,168,000 | 126,374,000 |
| Total loans | 87,888,000 | 84,778,000 | 83,677,000 | 80,862,000 |
| Allowance for loan losses | 2,408,000 | 2,380,000 | 1,879,000 | 2,184,000 |
| Securities available for sale | 26,052,000 | 27,126,000 | 24,448,000 | 25,788,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,006,000 | 121,477,000 | 109,641,000 | 106,488,000 |
| Interest-bearing deposits | 116,533,000 | 113,956,000 | 100,914,000 | 96,909,000 |
| Noninterest-bearing deposits | 7,473,000 | 7,521,000 | 8,727,000 | 9,579,000 |
| Equity capital | 13,439,000 | 14,028,000 | 14,229,000 | 13,769,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,653,000 | 3,285,000 | 4,865,000 | 6,369,000 |
| Interest expense | 640,000 | 1,232,000 | 1,768,000 | 2,256,000 |
| Net interest income | 1,013,000 | 2,053,000 | 3,097,000 | 4,113,000 |
| Noninterest income | 242,000 | 561,000 | 761,000 | 911,000 |
| Noninterest expense | 922,000 | 1,860,000 | 2,823,000 | 3,848,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 650,000 |
| Pretax income | 333,000 | 781,000 | 812,000 | 553,000 |
| Income tax | 118,000 | 220,000 | 227,000 | 120,000 |
| Net income | 215,000 | 561,000 | 585,000 | 433,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,266,000 | 13,627,000 | 13,720,000 | 13,522,000 |
| Total capital | 14,467,000 | 14,780,000 | 14,845,000 | 14,620,000 |
| Risk-weighted assets | 94,881,000 | 91,021,000 | 89,236,000 | 86,753,000 |