Call reports 2023
GEORGIA BANKING COMPANY — 2023
What GEORGIA BANKING COMPANY 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 | 1,634,090,000 | 1,580,422,000 | 1,608,216,000 | 1,749,770,000 |
| Total loans | 1,283,485,000 | 1,264,731,000 | 1,291,346,000 | 1,315,756,000 |
| Allowance for loan losses | 16,483,000 | 16,858,000 | 17,345,000 | 17,586,000 |
| Securities available for sale | 55,532,000 | 52,785,000 | 60,772,000 | 59,919,000 |
| Securities held to maturity | 12,820,000 | 18,068,000 | 17,998,000 | 18,903,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,407,086,000 | 1,347,527,000 | 1,370,965,000 | 1,485,271,000 |
| Interest-bearing deposits | 1,091,148,000 | 1,049,196,000 | 1,097,675,000 | 1,138,563,000 |
| Noninterest-bearing deposits | 315,938,000 | 298,331,000 | 273,290,000 | 346,708,000 |
| Equity capital | 142,729,000 | 146,136,000 | 149,827,000 | 154,927,000 |
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 | 24,470,000 | 51,472,000 | 78,829,000 | 107,484,000 |
| Interest expense | 6,341,000 | 16,465,000 | 26,731,000 | 38,216,000 |
| Net interest income | 18,129,000 | 35,007,000 | 52,098,000 | 69,268,000 |
| Noninterest income | 723,000 | 1,975,000 | 3,256,000 | 4,428,000 |
| Noninterest expense | 11,629,000 | 23,840,000 | 36,280,000 | 49,947,000 |
| Provision for loan losses | 418,000 | 839,000 | 1,263,000 | 1,689,000 |
| Pretax income | 6,805,000 | 12,303,000 | 17,811,000 | 22,060,000 |
| Income tax | 1,769,000 | 3,199,000 | 4,631,000 | 5,611,000 |
| Net income | 5,036,000 | 9,104,000 | 13,180,000 | 16,449,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 145,216,000 | 150,272,000 | 154,818,000 | 158,340,000 |
| Total capital | 162,484,000 | 167,425,000 | 172,100,000 | 176,123,000 |
| Risk-weighted assets | 1,384,743,000 | 1,371,772,000 | 1,381,699,000 | 1,422,115,000 |