Southwest georgia financial corp (SGB)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

12,123

13,283

13,172

11,348

14,050

14,607

7,786

9,777

11,143

8,670

8,008

7,133

7,700

6,514

5,835

7,741

6,156

7,741

7,178

7,711

6,782

7,090

8,309

8,279

7,074

7,389

7,237

6,579

8,646

7,567

6,642

7,458

6,552

5,602

5,605

5,111

Interest-bearing deposits in other banks

25,507

10,557

17,448

37,666

21,448

10,911

27,292

39,210

22,994

11,617

8,085

18,106

18,819

26,503

7,687

9,619

24,923

13,556

13,863

21,942

5,776

15,023

4,910

39,998

28,296

25,102

6,308

33,711

27,934

27,524

19,365

21,583

14,498

6,861

6,479

10,958

Cash and cash equivalents

37,630

23,840

30,621

49,015

35,498

25,518

35,078

48,987

34,138

20,287

16,094

25,239

26,519

33,018

13,522

17,361

31,080

21,297

21,041

29,653

12,558

22,113

13,220

48,277

35,370

32,492

13,545

40,290

36,581

35,092

26,008

29,041

21,050

12,463

12,084

16,070

Certificates of deposit in other banks

2,730

2,977

2,977

2,732

2,732

1,985

1,985

1,985

1,985

1,985

1,985

1,235

0

0

0

0

245

1,225

1,470

1,470

1,470

2,940

3,430

3,430

3,430

4,165

4,165

4,165

3,920

1,715

980

980

980

-

-

0

Investment securities available for sale, at fair value

67,825

71,423

73,712

62,962

58,313

58,576

59,281

56,127

54,263

54,947

58,142

59,691

53,565

45,338

43,055

41,254

51,476

49,588

49,312

55,312

53,837

50,096

52,690

40,654

36,460

33,212

31,768

31,209

21,672

13,918

14,243

26,581

28,640

31,945

44,665

54,945

Investment securities to be held to maturity (fair value approximates $26,117,580 and $37,010,327)

25,486

31,166

32,546

35,184

36,827

36,960

41,188

43,898

44,590

46,954

50,220

52,698

54,602

56,388

57,700

59,373

60,888

61,336

62,373

63,396

61,587

58,737

58,428

58,974

59,624

60,390

62,094

61,968

59,863

57,192

57,778

56,173

52,338

45,296

45,619

46,255

Federal Home Loan Bank stock, at cost

1,714

1,714

1,869

1,019

1,820

2,257

2,474

2,474

2,438

2,463

1,904

1,904

1,874

1,874

1,905

1,905

1,869

1,614

1,662

1,560

1,560

1,830

1,506

1,641

1,721

1,721

1,406

1,406

1,447

1,447

1,593

1,789

-

1,943

2,087

1,649

Total investment securities

-

104,304

108,128

99,166

-

97,794

102,945

102,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total investment securities

-

-

-

-

-

-

-

-

-

104,365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total investment securities

-

-

-

-

-

-

-

-

-

-

110,267

114,294

-

103,601

102,661

102,533

-

112,539

113,348

120,269

-

110,664

112,625

101,269

-

-

-

-

-

-

-

-

-

-

-

-

Total investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95,323

95,269

94,583

-

72,558

73,614

84,543

-

79,185

92,371

-

Loans

-

394,630

388,285

377,711

-

366,662

345,869

335,203

-

329,837

322,653

310,724

-

287,246

288,049

270,787

-

239,105

236,786

230,185

-

225,977

227,298

222,854

-

221,521

219,415

207,787

-

202,514

194,369

184,336

-

182,467

176,692

-

Less: Unearned income

-

17

17

17

-

17

17

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Unearned income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

29

28

-

31

29

29

-

25

25

-

Allowance for loan losses

-

3,505

3,465

3,366

-

3,078

3,192

3,170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,099

3,049

2,943

-

2,745

2,910

3,244

-

2,903

2,910

-

Loans, net of allowance for loan losses of $3,604,348 and $3,428,869

394,460

391,107

384,803

374,327

373,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Unearned income

-

-

-

-

-

-

-

-

-

-17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for loan losses

-

-

-

-

-

-

-

-

-

3,207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Unearned income

-

-

-

-

-

-

-

-

-

-

-17

-17

-

-20

-19

-18

-

-20

-24

-25

-

-30

-25

-26

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for loan losses

-

-

-

-

-

-

-

-

-

-

-3,095

-3,161

-

-3,093

-3,112

-3,065

-

-3,180

-3,180

-3,134

-

-3,195

-3,126

-3,073

-

-

-

-

-

-

-

-

-

-

-

-

Loans, net

-

-

-

-

-

363,566

342,659

332,015

-

326,612

319,540

307,545

289,399

284,132

284,917

267,702

247,754

235,905

233,581

227,025

221,285

222,751

224,145

219,754

215,610

-

-

-

-

-

-

-

-

-

-

154,978

Loans, net of allowance for loan losses of $3,428,869 and $3,043,632

-

-

-

-

-

-

-

-

327,129

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

218,392

216,336

204,816

201,292

199,737

191,429

181,063

178,202

179,538

173,756

-

Premises and equipment, net

13,847

14,021

14,263

14,443

14,573

14,187

13,693

12,974

12,249

11,890

11,399

11,260

11,209

11,771

11,080

11,145

11,157

11,356

11,541

11,653

11,756

11,836

11,702

10,908

10,335

10,117

10,175

10,176

10,149

10,566

10,628

10,619

9,942

9,668

9,581

9,221

Bank property held for sale

-

-

-

-

-

211

211

211

211

211

211

211

211

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreclosed assets, net

273

169

37

127

127

127

37

0

758

903

0

126

126

126

81

81

81

0

102

186

273

299

437

608

405

581

1,068

1,524

1,689

1,836

2,009

2,326

2,357

2,364

2,919

3,288

Intangible assets

0

0

0

0

3

7

11

15

19

23

27

31

35

39

42

46

50

54

58

62

66

70

74

78

111

165

219

273

327

380

434

490

546

602

658

640

Bank owned life insurance

6,913

6,879

6,846

6,812

6,779

6,676

6,635

6,594

6,553

5,456

5,423

5,389

5,356

5,325

5,294

5,263

5,231

5,194

5,156

5,120

5,104

5,066

5,029

4,992

4,980

4,935

4,890

4,775

4,766

4,722

4,677

4,634

4,593

4,537

4,496

3,029

Other assets

4,253

4,243

4,796

4,445

4,835

5,293

4,895

4,847

4,734

5,482

5,355

5,563

5,600

5,014

4,864

4,955

5,020

4,648

4,695

4,452

4,779

5,020

4,912

5,465

5,845

5,820

5,699

5,444

5,472

5,620

5,696

5,050

5,211

5,393

5,507

6,324

Total assets

555,136

547,544

552,474

551,071

534,833

515,369

508,153

510,132

489,072

477,219

470,304

470,897

448,501

443,029

422,465

409,089

414,855

392,221

390,995

399,894

374,280

380,762

375,578

394,784

373,895

371,993

351,369

366,050

347,181

332,231

315,480

318,751

305,650

293,754

301,374

296,403

LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities:
Deposits:
Interest bearing business checking

27,897

29,388

31,308

33,419

28,070

26,346

29,314

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NOW accounts

24,237

17,874

20,772

40,651

35,816

20,241

54,042

28,317

25,871

29,078

49,289

38,164

47,420

32,983

28,384

28,153

25,382

24,823

24,813

28,690

22,889

22,310

24,284

21,435

23,088

21,498

20,947

27,716

28,881

42,975

30,134

31,728

29,841

27,313

36,202

29,238

Money market

181,199

165,386

156,449

163,903

158,730

157,630

115,021

139,728

129,040

116,769

101,345

114,701

95,658

97,974

94,093

97,044

108,226

99,127

99,242

101,570

99,918

97,518

96,526

103,211

89,933

83,865

87,320

94,069

77,132

38,840

55,980

54,596

45,638

46,410

42,934

50,468

Savings

33,554

33,348

33,593

33,580

31,848

32,223

32,831

32,682

30,793

30,982

30,054

30,189

29,006

30,833

29,650

29,398

27,720

29,773

29,146

29,385

28,156

29,768

30,225

30,111

28,791

29,290

29,179

27,586

25,988

25,687

26,002

26,138

24,366

24,411

24,611

22,635

Certificates of deposit $250,000 and over

25,082

29,290

27,257

16,831

16,264

24,624

22,472

22,635

22,662

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Certificates of deposit $100,000 and over

-

-

-

-

-

-

-

-

-

41,206

38,335

41,340

43,234

35,393

33,567

26,552

25,189

25,354

28,997

30,922

31,366

25,874

29,891

32,628

36,956

41,578

32,377

34,985

36,590

39,720

35,152

32,813

32,629

31,273

32,545

32,472

Other time accounts

-

-

-

-

-

-

-

-

-

-

-

-

39,524

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other time accounts

67,580

75,797

80,967

85,564

81,214

65,019

63,449

62,186

60,969

38,242

38,768

39,890

-

48,029

48,817

49,067

50,728

48,978

49,375

46,813

46,299

45,821

46,641

47,998

49,835

50,586

52,201

53,694

55,097

57,342

57,763

58,936

59,950

60,116

61,455

65,858

Total interest-bearing deposits

359,551

351,086

350,347

373,950

351,944

326,086

317,131

285,550

269,337

256,279

257,793

264,286

254,844

245,214

234,512

230,216

237,246

228,057

231,575

237,382

228,630

221,293

227,570

235,385

228,605

226,819

222,026

238,052

223,690

204,566

205,034

204,211

192,425

189,525

197,750

200,673

Noninterest-bearing deposits

113,882

115,051

117,289

114,667

103,694

100,161

98,304

132,897

127,668

128,477

133,435

128,719

116,648

119,041

109,503

101,187

101,769

94,714

90,250

97,400

81,342

89,991

86,247

95,480

81,828

81,837

74,368

72,604

68,071

73,084

54,226

57,565

56,485

47,361

45,267

38,857

Total deposits

473,434

466,137

467,637

488,618

455,639

426,248

415,436

418,448

397,005

384,756

391,229

393,006

371,492

364,256

344,016

331,404

339,015

322,772

321,826

334,782

309,973

311,285

313,818

330,865

310,434

308,657

296,395

310,657

291,762

277,650

259,260

261,777

248,910

236,886

243,018

239,531

Short-term borrowed funds

5,814

5,814

6,314

4,100

10,457

12,171

19,471

19,471

17,971

22,114

8,447

8,447

8,447

8,447

7,590

7,590

7,590

6,733

9,133

5,133

5,133

11,133

-

-

11,800

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,800

11,800

-

10,000

12,000

2,000

2,000

2,000

2,000

2,000

2,000

2,000

2,000

2,000

Long-term debt

22,678

23,232

27,385

9,600

21,171

30,600

27,557

27,557

29,057

24,771

26,028

26,028

26,028

26,885

28,476

28,476

28,476

23,333

22,066

22,066

22,066

22,066

17,200

17,200

17,200

19,000

10,000

20,000

20,000

20,000

22,000

22,000

22,000

22,000

24,000

24,000

Other liabilities

2,718

3,961

4,078

3,492

3,946

3,899

3,754

3,329

3,895

4,560

4,284

4,110

4,109

4,349

3,838

4,096

3,675

2,877

2,436

2,574

2,771

2,735

2,601

2,612

3,040

3,529

2,771

3,045

3,544

3,461

3,352

3,992

4,188

4,651

4,423

4,097

Total liabilities

504,645

499,145

505,416

505,811

491,214

472,918

466,219

468,806

447,929

436,202

429,989

431,593

410,078

403,939

383,921

371,568

378,757

355,716

355,463

364,556

339,944

347,220

342,420

362,478

342,475

341,186

321,166

335,702

317,306

303,112

286,613

289,769

277,099

265,537

273,441

269,628

Shareholders' equity:
Common stock - $1 par value, 5,000,000 shares authorized, 2,548,510 shares and 2,545,776 shares issued for 2019 and 2018

2,548

2,545

2,545

2,545

2,545

2,545

2,545

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

4,293

Additional paid-in capital

18,478

18,418

18,418

18,418

18,418

7,206

7,206

5,458

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

31,701

Retained earnings

28,910

27,884

26,757

25,764

24,841

35,653

34,815

33,972

33,020

32,583

31,911

31,118

30,333

29,611

28,919

28,162

27,369

26,781

26,178

25,568

25,014

24,556

23,956

23,423

22,926

22,148

21,599

21,127

20,663

20,123

19,804

19,601

19,132

18,735

18,636

17,925

Accumulated other comprehensive gain (loss)

553

-449

-663

-1,469

-2,187

-2,955

-2,633

-2,398

-1,629

-1,441

-1,471

-1,689

-1,785

-402

-257

-523

-1,153

-157

-528

-112

-561

-895

-680

-998

-1,388

-1,223

-1,278

-661

-670

-885

-818

-501

-462

-400

-585

-1,031

Treasury stock, at cost, 0 shares for 2018 and 1,752,330 for 2017

-

-

-

-

-

0

0

0

26,242

26,120

26,120

26,120

26,120

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

26,113

Total shareholders' equity

50,490

48,399

47,058

45,259

43,618

42,450

41,934

41,325

41,142

41,016

40,315

39,303

38,422

39,090

38,543

37,520

36,097

36,504

35,531

35,337

34,335

33,542

33,157

32,306

31,419

30,806

30,203

30,347

29,875

29,119

28,867

28,981

28,550

28,216

27,932

26,775

Total liabilities and shareholders' equity

555,136

547,544

552,474

551,071

534,833

515,369

508,153

510,132

489,072

477,219

470,304

470,897

448,501

443,029

422,465

409,089

414,855

392,221

390,995

399,894

374,280

380,762

375,578

394,784

373,895

371,993

351,369

366,050

347,181

332,231

315,480

318,751

305,650

293,754

301,374

296,403