Call reports 2024
GEORGIA BANKING COMPANY — 2024
What GEORGIA BANKING COMPANY 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 | 1,717,267,000 | 1,842,104,000 | 2,083,500,000 | 2,257,959,000 |
| Total loans | 1,456,199,000 | 1,521,232,000 | 1,765,017,000 | 1,810,520,000 |
| Allowance for loan losses | 19,030,000 | 18,131,000 | 19,484,000 | 20,482,000 |
| Securities available for sale | 67,041,000 | 69,663,000 | 65,348,000 | 69,708,000 |
| Securities held to maturity | 18,832,000 | 23,737,000 | 25,174,000 | 26,740,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,418,223,000 | 1,539,613,000 | 1,675,343,000 | 1,869,463,000 |
| Interest-bearing deposits | 1,120,315,000 | 1,256,587,000 | 1,388,031,000 | 1,434,905,000 |
| Noninterest-bearing deposits | 297,908,000 | 283,026,000 | 287,312,000 | 434,558,000 |
| Equity capital | 156,558,000 | 157,225,000 | 168,391,000 | 172,350,000 |
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 | 28,582,000 | 59,937,000 | 94,359,000 | 130,396,000 |
| Interest expense | 11,809,000 | 25,215,000 | 40,379,000 | 55,671,000 |
| Net interest income | 16,773,000 | 34,722,000 | 53,980,000 | 74,725,000 |
| Noninterest income | 1,311,000 | 2,761,000 | 4,410,000 | 6,247,000 |
| Noninterest expense | 13,889,000 | 28,205,000 | 42,696,000 | 57,872,000 |
| Provision for loan losses | 1,444,000 | 5,765,000 | 7,083,000 | 8,120,000 |
| Pretax income | 2,751,000 | 3,513,000 | 8,410,000 | 14,779,000 |
| Income tax | 670,000 | 839,000 | 2,081,000 | 3,738,000 |
| Net income | 2,081,000 | 2,674,000 | 6,329,000 | 11,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 160,746,000 | 161,352,000 | 170,454,000 | 175,606,000 |
| Total capital | 180,113,000 | 180,267,000 | 190,923,000 | 197,074,000 |
| Risk-weighted assets | 1,548,953,000 | 1,601,183,000 | 1,733,639,000 | 1,760,445,000 |