Call reports 2016
NORTH GEORGIA NATIONAL BANK — 2016
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 122,946,000 | 119,241,000 | 116,846,000 | 120,451,000 |
| Total loans | 60,974,000 | 62,890,000 | 63,754,000 | 60,374,000 |
| Allowance for loan losses | 1,494,000 | 1,555,000 | 1,153,000 | 1,053,000 |
| Securities available for sale | 28,141,000 | 28,974,000 | 22,737,000 | 25,844,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,818,000 | 102,188,000 | 99,055,000 | 103,054,000 |
| Interest-bearing deposits | 92,704,000 | 90,900,000 | 86,520,000 | 91,106,000 |
| Noninterest-bearing deposits | 13,114,000 | 11,288,000 | 12,535,000 | 11,948,000 |
| Equity capital | 13,870,000 | 13,955,000 | 14,457,000 | 13,604,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,033,000 | 2,091,000 | 3,204,000 | 4,305,000 |
| Interest expense | 127,000 | 253,000 | 351,000 | 443,000 |
| Net interest income | 906,000 | 1,838,000 | 2,853,000 | 3,862,000 |
| Noninterest income | 169,000 | 268,000 | 675,000 | 845,000 |
| Noninterest expense | 927,000 | 1,881,000 | 2,871,000 | 3,798,000 |
| Provision for loan losses | 0 | 0 | -400,000 | -400,000 |
| Pretax income | 165,000 | 242,000 | 1,074,000 | 1,326,000 |
| Income tax | 54,000 | 72,000 | 378,000 | 475,000 |
| Net income | 111,000 | 170,000 | 696,000 | 851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,284,000 | 13,360,000 | 14,040,000 | 13,444,000 |
| Total capital | 14,122,000 | 14,214,000 | 14,911,000 | 14,268,000 |
| Risk-weighted assets | 66,297,000 | 67,543,000 | 69,300,000 | 65,641,000 |