Call reports 2011
NORTHWEST GEORGIA BANK — 2011
What NORTHWEST GEORGIA BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 554,680,000 | 559,484,000 | 510,370,000 | 523,843,000 |
| Total loans | 266,114,000 | 254,176,000 | 238,547,000 | 220,162,000 |
| Allowance for loan losses | 5,809,000 | 7,799,000 | 10,515,000 | 9,885,000 |
| Securities available for sale | 197,118,000 | 197,807,000 | 200,914,000 | 209,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,394,000 | 436,511,000 | 409,551,000 | 427,371,000 |
| Interest-bearing deposits | 387,007,000 | 389,617,000 | 362,856,000 | 381,160,000 |
| Noninterest-bearing deposits | 43,387,000 | 46,894,000 | 46,695,000 | 46,211,000 |
| Equity capital | 31,534,000 | 30,426,000 | 34,728,000 | 31,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,739,000 | 11,159,000 | 16,478,000 | 21,417,000 |
| Interest expense | 2,040,000 | 4,054,000 | 5,888,000 | 7,383,000 |
| Net interest income | 3,699,000 | 7,105,000 | 10,590,000 | 14,034,000 |
| Noninterest income | 1,159,000 | 2,138,000 | 3,329,000 | 2,980,000 |
| Noninterest expense | 4,628,000 | 9,175,000 | 14,252,000 | 19,001,000 |
| Provision for loan losses | 405,000 | 5,005,000 | 8,230,000 | 10,434,000 |
| Pretax income | -175,000 | -4,937,000 | -7,827,000 | -11,685,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -175,000 | -4,937,000 | -7,827,000 | -11,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,021,000 | 32,260,000 | 29,369,000 | 25,512,000 |
| Total capital | 40,669,000 | 35,807,000 | 32,652,000 | 28,609,000 |
| Risk-weighted assets | 289,040,000 | 278,898,000 | 254,946,000 | 240,565,000 |