Call reports 2008
GEORGIA BANKING COMPANY — 2008
What GEORGIA BANKING COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 199,850,000 | 186,296,000 | 193,033,000 | 234,279,000 |
| Total loans | 184,120,000 | 172,854,000 | 179,277,000 | 214,875,000 |
| Allowance for loan losses | 2,235,000 | 2,033,000 | 2,742,000 | 2,275,000 |
| Securities available for sale | 8,101,000 | 4,601,000 | 4,544,000 | 9,036,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,745,000 | 137,985,000 | 130,708,000 | 175,603,000 |
| Interest-bearing deposits | 152,237,000 | 132,247,000 | 124,399,000 | 168,460,000 |
| Noninterest-bearing deposits | 4,508,000 | 5,738,000 | 6,309,000 | 7,143,000 |
| Equity capital | 21,333,000 | 20,634,000 | 21,652,000 | 22,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,265,000 | 6,014,000 | 8,721,000 | 11,457,000 |
| Interest expense | 1,956,000 | 3,634,000 | 5,139,000 | 6,800,000 |
| Net interest income | 1,309,000 | 2,380,000 | 3,582,000 | 4,657,000 |
| Noninterest income | 822,000 | 1,598,000 | 2,070,000 | 2,922,000 |
| Noninterest expense | 2,222,000 | 4,251,000 | 6,192,000 | 8,500,000 |
| Provision for loan losses | 285,000 | 1,049,000 | 1,866,000 | 2,984,000 |
| Pretax income | -376,000 | -1,276,000 | -2,360,000 | -3,859,000 |
| Income tax | -129,000 | -462,000 | -856,000 | -1,580,000 |
| Net income | -247,000 | -814,000 | -1,504,000 | -2,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,267,000 | 20,700,000 | 21,675,000 | 22,399,000 |
| Total capital | 22,794,000 | 22,150,000 | 23,157,000 | 24,106,000 |
| Risk-weighted assets | 121,464,000 | 115,061,000 | 117,272,000 | 136,012,000 |