Call reports 2021
NORTH GEORGIA NATIONAL BANK — 2021
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 173,348,000 | 184,690,000 | 181,706,000 | 198,983,000 |
| Total loans | 85,752,000 | 89,708,000 | 88,649,000 | 95,556,000 |
| Allowance for loan losses | 1,040,000 | 1,067,000 | 1,077,000 | 1,082,000 |
| Securities available for sale | 50,616,000 | 60,370,000 | 58,877,000 | 73,505,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,247,000 | 164,669,000 | 162,470,000 | 180,358,000 |
| Interest-bearing deposits | 123,168,000 | 131,084,000 | 129,328,000 | 145,829,000 |
| Noninterest-bearing deposits | 31,079,000 | 33,585,000 | 33,142,000 | 34,529,000 |
| Equity capital | 15,292,000 | 16,045,000 | 16,418,000 | 16,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,354,000 | 3,104,000 | 4,701,000 | 6,256,000 |
| Interest expense | 140,000 | 267,000 | 390,000 | 499,000 |
| Net interest income | 1,214,000 | 2,837,000 | 4,311,000 | 5,757,000 |
| Noninterest income | 182,000 | 403,000 | 522,000 | 753,000 |
| Noninterest expense | 1,046,000 | 2,123,000 | 3,238,000 | 4,407,000 |
| Provision for loan losses | 0 | 25,000 | 33,000 | 33,000 |
| Pretax income | 350,000 | 1,092,000 | 1,593,000 | 2,101,000 |
| Income tax | 79,000 | 233,000 | 359,000 | 380,000 |
| Net income | 271,000 | 859,000 | 1,234,000 | 1,721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,351,000 | 15,940,000 | 16,315,000 | 16,701,000 |