Call reports 2023
NORTH GEORGIA NATIONAL BANK — 2023
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 211,174,000 | 213,926,000 | 210,024,000 | 230,228,000 |
| Total loans | 109,799,000 | 108,461,000 | 115,729,000 | 126,851,000 |
| Allowance for loan losses | 1,265,000 | 1,336,000 | 1,439,000 | 1,558,000 |
| Securities available for sale | 74,224,000 | 71,950,000 | 68,382,000 | 70,763,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,177,000 | 202,110,000 | 201,067,000 | 218,182,000 |
| Interest-bearing deposits | 165,080,000 | 164,927,000 | 160,067,000 | 179,889,000 |
| Noninterest-bearing deposits | 34,097,000 | 37,183,000 | 41,000,000 | 38,293,000 |
| Equity capital | 9,137,000 | 8,648,000 | 7,126,000 | 10,127,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,167,000 | 4,499,000 | 6,914,000 | 9,540,000 |
| Interest expense | 332,000 | 756,000 | 1,273,000 | 1,925,000 |
| Net interest income | 1,835,000 | 3,743,000 | 5,641,000 | 7,615,000 |
| Noninterest income | 203,000 | 487,000 | 688,000 | 888,000 |
| Noninterest expense | 1,266,000 | 2,544,000 | 3,893,000 | 5,340,000 |
| Provision for loan losses | 75,000 | 140,000 | 241,000 | 360,000 |
| Pretax income | 697,000 | 1,546,000 | 2,195,000 | 2,780,000 |
| Income tax | 136,000 | 302,000 | 472,000 | 588,000 |
| Net income | 561,000 | 1,244,000 | 1,723,000 | 2,192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,999,000 | 19,443,000 | 19,767,000 | 20,010,000 |
| Total capital | 20,419,000 | 20,934,000 | — | — |
| Risk-weighted assets | 131,974,000 | 138,668,000 | — | — |