Call reports 2017
NORTH GEORGIA NATIONAL BANK — 2017
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 149,491,000 | 150,548,000 | 136,411,000 | 143,948,000 |
| Total loans | 61,120,000 | 61,923,000 | 61,049,000 | 62,663,000 |
| Allowance for loan losses | 1,074,000 | 832,000 | 805,000 | 855,000 |
| Securities available for sale | 56,374,000 | 56,200,000 | 45,473,000 | 47,362,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,946,000 | 133,758,000 | 119,480,000 | 127,480,000 |
| Interest-bearing deposits | 118,956,000 | 120,666,000 | 107,132,000 | 115,123,000 |
| Noninterest-bearing deposits | 12,990,000 | 13,092,000 | 12,348,000 | 12,357,000 |
| Equity capital | 13,713,000 | 14,083,000 | 14,207,000 | 13,587,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,071,000 | 2,240,000 | 3,402,000 | 4,616,000 |
| Interest expense | 86,000 | 197,000 | 312,000 | 430,000 |
| Net interest income | 985,000 | 2,043,000 | 3,090,000 | 4,186,000 |
| Noninterest income | 50,000 | 161,000 | 339,000 | 494,000 |
| Noninterest expense | 924,000 | 1,892,000 | 2,848,000 | 3,856,000 |
| Provision for loan losses | 0 | -250,000 | -250,000 | -250,000 |
| Pretax income | 111,000 | 562,000 | 831,000 | 1,074,000 |
| Income tax | 35,000 | 198,000 | 291,000 | 448,000 |
| Net income | 76,000 | 364,000 | 540,000 | 626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,553,000 | 13,913,000 | 14,153,000 | 13,725,000 |
| Total capital | 14,408,000 | 14,745,000 | 14,958,000 | 14,580,000 |
| Risk-weighted assets | 68,150,000 | 68,597,000 | 68,314,000 | 71,180,000 |