Call reports 2008
NORTHWEST GEORGIA BANK — 2008
What NORTHWEST GEORGIA BANK 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 | 633,733,000 | 612,956,000 | 593,054,000 | 599,060,000 |
| Total loans | 361,636,000 | 352,693,000 | 352,457,000 | 351,119,000 |
| Allowance for loan losses | 5,131,000 | 3,175,000 | 4,797,000 | 5,600,000 |
| Securities available for sale | 173,534,000 | 174,566,000 | 160,611,000 | 157,850,000 |
| Securities held to maturity | 23,661,000 | 23,013,000 | 22,323,000 | 21,706,000 |
| Trading assets | 9,616,000 | 9,039,000 | 0 | 0 |
| Total deposits | 461,524,000 | 447,626,000 | 435,906,000 | 458,260,000 |
| Interest-bearing deposits | 419,486,000 | 403,164,000 | 394,358,000 | 419,974,000 |
| Noninterest-bearing deposits | 42,038,000 | 44,462,000 | 41,548,000 | 38,286,000 |
| Equity capital | 48,198,000 | 41,971,000 | 41,820,000 | 35,656,000 |
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 | 10,148,000 | 19,807,000 | 29,112,000 | 37,496,000 |
| Interest expense | 5,224,000 | 9,966,000 | 14,258,000 | 18,318,000 |
| Net interest income | 4,924,000 | 9,841,000 | 14,854,000 | 19,178,000 |
| Noninterest income | 1,321,000 | 2,438,000 | 3,778,000 | 4,831,000 |
| Noninterest expense | 4,698,000 | 9,462,000 | 13,958,000 | 19,106,000 |
| Provision for loan losses | 330,000 | 940,000 | 5,440,000 | 9,487,000 |
| Pretax income | 1,224,000 | 1,884,000 | -684,000 | -4,392,000 |
| Income tax | 30,000 | 54,000 | 62,000 | 62,000 |
| Net income | 1,194,000 | 1,830,000 | -746,000 | -4,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,999,000 | 41,201,000 | 39,967,000 | 34,953,000 |
| Total capital | 49,139,000 | 46,384,000 | 51,772,000 | 46,633,000 |
| Risk-weighted assets | 423,010,000 | 397,862,000 | 392,272,000 | 373,005,000 |