Call reports 2011
NORTH GEORGIA NATIONAL BANK — 2011
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 130,659,000 | 127,651,000 | 118,931,000 | 132,512,000 |
| Total loans | 80,094,000 | 78,167,000 | 78,850,000 | 75,530,000 |
| Allowance for loan losses | 2,728,000 | 2,765,000 | 1,995,000 | 2,368,000 |
| Securities available for sale | 25,533,000 | 26,354,000 | 22,966,000 | 22,613,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,678,000 | 109,517,000 | 100,953,000 | 114,795,000 |
| Interest-bearing deposits | 102,992,000 | 101,326,000 | 92,800,000 | 106,024,000 |
| Noninterest-bearing deposits | 8,686,000 | 8,191,000 | 8,153,000 | 8,771,000 |
| Equity capital | 13,135,000 | 13,497,000 | 13,488,000 | 11,912,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,568,000 | 3,032,000 | 4,437,000 | 5,781,000 |
| Interest expense | 453,000 | 890,000 | 1,298,000 | 1,695,000 |
| Net interest income | 1,115,000 | 2,142,000 | 3,139,000 | 4,086,000 |
| Noninterest income | 205,000 | 419,000 | 258,000 | 402,000 |
| Noninterest expense | 950,000 | 1,909,000 | 2,872,000 | 3,980,000 |
| Provision for loan losses | 1,400,000 | 1,580,000 | 1,760,000 | 2,980,000 |
| Pretax income | -1,030,000 | -917,000 | -1,223,000 | -2,460,000 |
| Income tax | -406,000 | -371,000 | -350,000 | -77,000 |
| Net income | -624,000 | -546,000 | -873,000 | -2,383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,545,000 | 12,601,000 | 12,309,000 | 11,105,000 |
| Total capital | 13,652,000 | 13,670,000 | 13,365,000 | 12,143,000 |
| Risk-weighted assets | 86,935,000 | 83,902,000 | 83,566,000 | 81,729,000 |