Call reports 2020
NORTH GEORGIA NATIONAL BANK — 2020
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 132,632,000 | 145,361,000 | 145,186,000 | 161,828,000 |
| Total loans | 78,783,000 | 84,571,000 | 84,442,000 | 85,512,000 |
| Allowance for loan losses | 951,000 | 961,000 | 1,050,000 | 1,034,000 |
| Securities available for sale | 33,933,000 | 32,049,000 | 33,051,000 | 42,747,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,664,000 | 125,710,000 | 125,698,000 | 142,928,000 |
| Interest-bearing deposits | 94,327,000 | 99,390,000 | 99,970,000 | 117,266,000 |
| Noninterest-bearing deposits | 19,337,000 | 26,320,000 | 25,728,000 | 25,662,000 |
| Equity capital | 14,933,000 | 15,681,000 | 15,855,000 | 15,712,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,357,000 | 2,727,000 | 4,103,000 | 5,459,000 |
| Interest expense | 182,000 | 346,000 | 507,000 | 661,000 |
| Net interest income | 1,175,000 | 2,381,000 | 3,596,000 | 4,798,000 |
| Noninterest income | 142,000 | 287,000 | 433,000 | 609,000 |
| Noninterest expense | 1,065,000 | 2,122,000 | 3,242,000 | 4,322,000 |
| Provision for loan losses | 43,000 | 95,000 | 95,000 | 95,000 |
| Pretax income | 291,000 | 582,000 | 823,000 | 1,121,000 |
| Income tax | 55,000 | 125,000 | 182,000 | 247,000 |
| Net income | 236,000 | 457,000 | 641,000 | 874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,822,000 | 14,996,000 | 15,180,000 | 15,080,000 |