Call reports 2024
NORTH GEORGIA NATIONAL BANK — 2024
What NORTH GEORGIA NATIONAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 231,914,000 | 231,383,000 | 253,367,000 | 255,446,000 |
| Total loans | 131,892,000 | 137,010,000 | 143,226,000 | 154,952,000 |
| Allowance for loan losses | 1,722,000 | 1,870,000 | 1,813,000 | 1,913,000 |
| Securities available for sale | 68,917,000 | 67,330,000 | 68,725,000 | 65,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,140,000 | 217,449,000 | 238,288,000 | 240,845,000 |
| Interest-bearing deposits | 177,089,000 | 177,927,000 | 200,392,000 | 206,437,000 |
| Noninterest-bearing deposits | 43,051,000 | 39,522,000 | 37,896,000 | 34,408,000 |
| Equity capital | 9,696,000 | 10,388,000 | 13,087,000 | 12,750,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,801,000 | 5,793,000 | 9,178,000 | 12,708,000 |
| Interest expense | 807,000 | 1,728,000 | 2,862,000 | 4,110,000 |
| Net interest income | 1,994,000 | 4,065,000 | 6,316,000 | 8,598,000 |
| Noninterest income | 223,000 | 483,000 | 878,000 | 1,525,000 |
| Noninterest expense | 1,551,000 | 3,116,000 | 4,674,000 | 6,325,000 |
| Provision for loan losses | 163,000 | 322,000 | 322,000 | 465,000 |
| Pretax income | 503,000 | 1,110,000 | 2,199,000 | 3,330,000 |
| Income tax | 115,000 | 254,000 | 506,000 | 761,000 |
| Net income | 388,000 | 856,000 | 1,693,000 | 2,569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,173,000 | 20,416,000 | 21,029,000 | 22,679,000 |