Southwest georgia financial corp (SGB)
Income statement / 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'11Mar'11Sep'10Jun'10
Interest income:
Interest and fees on loans

21,835

21,122

20,446

19,590

18,762

17,944

17,238

16,807

16,299

15,775

15,390

15,006

14,796

14,288

13,718

13,269

12,695

12,485

12,337

12,187

12,135

12,236

12,274

12,250

12,219

12,108

11,925

11,671

11,455

11,103

10,787

10,695

10,408

10,210

10,169

0

0

0

Interest on debt securities: Taxable

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on taxable securities available for sale

-

0

0

0

-

0

0

0

-

0

0

0

-

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Interest on taxable securities held to maturity

-

0

0

0

-

0

0

0

-

0

0

0

-

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Interest on taxable securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

Interest on taxable securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

Interest on debt securities: Tax-exempt

843

919

984

1,037

1,090

1,135

1,166

1,203

1,228

1,242

1,253

1,252

1,253

1,255

1,256

1,256

1,240

1,194

1,145

1,092

1,055

1,070

1,077

1,095

1,110

1,099

1,088

1,054

1,015

961

891

803

721

660

611

0

0

0

Dividends

105

111

125

139

144

140

122

110

102

95

91

91

89

86

82

76

72

71

80

76

69

63

47

41

38

37

32

35

32

25

24

16

14

14

10

0

0

0

Interest on deposits in other banks

496

530

519

537

484

426

370

262

195

163

154

131

103

85

73

70

62

53

45

44

51

56

62

63

65

67

67

65

60

50

45

40

35

44

52

0

0

0

Interest on certificates of deposit in other banks

71

65

58

53

47

46

46

45

34

23

11

1

0

2

5

8

11

15

21

27

33

37

39

41

42

39

33

26

19

14

9

5

1

0

0

0

-

-

Total interest income

25,036

24,364

23,648

22,793

21,894

21,012

20,231

19,706

19,146

18,576

18,125

17,646

17,413

16,910

16,391

16,001

15,428

15,192

15,025

14,854

14,712

14,738

14,664

14,540

14,474

14,336

14,129

13,902

13,734

13,425

13,208

13,259

13,104

12,987

13,141

0

0

0

Interest expense:
Deposits

3,848

3,899

3,554

3,061

2,383

1,815

1,466

1,254

1,153

1,080

1,042

999

935

883

842

813

795

772

748

744

749

778

809

832

882

937

1,003

1,065

1,111

1,142

1,192

1,270

1,369

1,565

1,776

0

0

0

Federal funds purchased

0

0

1

1

1

1

0

1

1

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

1

1

1

0

0

0

Other short-term borrowings

123

156

236

316

395

449

404

313

224

141

108

106

103

96

86

76

67

63

57

80

169

252

341

383

295

210

125

56

53

50

46

45

41

71

93

0

0

0

Long-term debt

480

501

481

525

541

498

498

511

523

551

561

566

573

554

517

486

453

442

452

444

435

432

410

415

485

551

637

717

733

747

761

772

781

759

741

0

0

0

Total interest expense

4,453

4,557

4,273

3,904

3,322

2,764

2,370

2,080

1,902

1,774

1,713

1,672

1,612

1,533

1,446

1,376

1,316

1,278

1,259

1,269

1,355

1,463

1,561

1,631

1,662

1,700

1,766

1,839

1,898

1,941

2,000

2,089

2,194

2,398

2,613

0

0

0

Net interest income

20,582

19,806

19,375

18,889

18,571

18,247

17,861

17,626

17,244

16,802

16,411

15,973

15,801

15,376

14,944

14,625

14,111

13,913

13,766

13,584

13,356

13,274

13,103

12,908

12,811

12,636

12,363

12,063

11,835

11,484

11,208

11,169

10,909

10,588

10,527

0

0

0

Provision for loan losses

856

970

840

729

829

679

505

440

300

270

240

205

160

115

121

126

141

216

240

270

330

360

390

420

420

445

445

445

445

518

893

938

983

930

600

0

0

0

Net interest income after provision for loan losses

19,725

18,836

18,534

18,159

17,742

17,568

17,356

17,185

16,944

16,532

16,171

15,768

15,641

15,261

14,822

14,498

13,970

13,697

13,526

13,314

13,026

12,914

12,713

12,488

12,391

12,191

11,918

11,618

11,390

10,966

10,314

10,231

9,925

9,658

9,927

0

0

0

Noninterest income:
Service charges on deposit accounts

928

980

992

1,029

1,015

996

1,008

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from trust services

221

223

224

232

234

232

231

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

1,079

-

1,090

1,096

1,105

1,121

1,151

1,174

1,242

1,274

1,316

1,347

1,302

1,278

1,246

1,228

1,242

1,241

1,246

1,285

1,306

1,359

1,434

1,476

0

0

0

Income from trust services

-

-

-

-

-

-

-

-

-

-

-

212

-

211

210

227

245

243

265

255

241

250

237

232

227

216

206

204

205

203

204

209

214

230

243

0

0

0

Income from brokerage services

359

401

408

417

399

356

350

362

362

364

370

350

342

398

391

407

420

385

383

377

375

353

362

354

338

355

347

363

381

357

350

349

324

305

342

0

0

0

Income from insurance services

1,741

1,714

1,691

1,651

1,603

1,559

1,518

1,478

1,523

1,511

1,474

1,438

1,477

1,429

1,450

1,456

1,372

1,398

1,352

1,352

1,324

1,341

1,364

1,330

1,328

1,284

1,248

1,264

1,280

1,313

1,314

1,295

1,273

1,172

1,191

0

0

0

Income from mortgage banking services

0

0

1

1

2

2

17

83

155

236

310

336

354

354

344

330

317

346

455

588

645

772

788

814

939

1,020

1,156

1,369

1,675

1,715

1,721

1,741

1,477

1,427

1,441

0

0

0

Net gain (loss) on sale or disposition of assets

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on sale or disposition of assets

288

171

165

-71

-79

-6

-9

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on sale of securities

-

0

-

-

-

0

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on extinguishment of debt

143

460

460

460

317

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for foreclosed asset losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

300

300

300

300

300

350

0

0

0

Net gain on sale or disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

54

90

107

88

56

9

-14

-68

35

63

25

23

-76

-203

-233

-160

-187

-76

0

0

0

Net gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

265

-

168

111

31

3

3

142

139

293

293

154

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

Net gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

376

848

0

0

0

Net loss on the impairment of equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

Other income

960

948

917

892

878

892

876

870

870

817

813

795

781

776

771

763

756

745

740

742

743

747

748

741

734

724

708

699

697

685

640

625

601

565

570

0

0

0

Total noninterest income

4,816

4,911

4,696

4,449

4,206

3,991

3,983

4,023

4,312

4,428

4,519

4,516

4,459

4,429

4,377

4,326

4,260

4,329

4,604

4,804

4,986

5,444

5,324

5,227

5,091

4,788

4,789

5,261

5,524

5,488

5,512

5,331

5,158

5,013

5,675

0

0

0

Noninterest expense:
Salaries and employee benefits

10,247

10,088

10,076

9,879

9,724

9,457

9,362

9,293

9,250

9,143

9,030

8,887

8,765

8,609

8,295

8,080

7,914

7,965

8,192

8,299

8,359

8,437

8,417

8,421

8,455

8,276

8,193

8,798

8,717

8,666

8,601

7,832

7,716

7,521

7,314

0

0

0

Occupancy expense

1,259

1,249

1,244

1,219

1,194

1,198

1,153

1,134

1,124

1,121

1,128

1,130

1,140

1,130

1,131

1,128

1,120

1,134

1,107

1,089

1,060

1,033

1,028

1,024

1,025

1,037

1,032

1,025

1,006

977

977

957

952

954

904

0

0

0

Equipment expense

1,219

1,270

1,174

1,051

933

802

809

835

850

861

828

844

860

891

935

927

923

901

902

897

896

877

873

887

902

941

956

949

939

916

894

853

811

779

747

0

0

0

Data processing expense

1,648

1,577

1,549

1,494

1,445

1,455

1,447

1,480

1,513

1,509

1,484

1,411

1,367

1,307

1,271

1,274

1,224

1,211

1,179

1,149

1,129

1,109

1,105

1,093

1,096

1,067

1,066

1,080

1,081

1,105

1,085

1,060

1,039

1,029

1,023

0

0

0

Amortization of intangible assets

3

7

11

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

44

94

144

194

215

215

215

217

219

221

223

223

219

215

211

0

0

0

Other operating expenses

3,726

3,350

3,416

3,392

3,319

3,238

3,299

3,164

3,074

3,052

2,887

2,796

2,763

2,783

2,807

2,843

2,831

0

0

0

-

2,789

2,731

2,678

2,650

2,679

2,732

2,601

2,630

2,590

2,525

2,635

2,596

2,633

2,641

0

0

0

Total noninterest expenses

18,105

17,543

17,472

17,053

16,633

16,168

16,087

15,924

15,829

15,703

15,374

15,086

14,913

14,737

14,457

14,270

14,029

14,064

14,217

14,354

14,369

14,342

14,301

14,299

14,346

14,218

14,197

14,672

14,595

14,477

14,307

13,562

13,336

13,133

12,842

0

0

0

Income before income taxes

6,436

6,203

5,759

5,555

5,315

5,391

5,251

5,285

5,427

5,257

5,317

5,198

5,186

4,953

4,743

4,554

4,200

3,963

3,913

3,764

3,643

4,017

3,736

3,416

3,137

2,761

2,510

2,206

2,319

0

0

0

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,538

2,761

0

0

0

Provision for income taxes

1,146

1,121

965

912

668

1,150

1,202

1,310

1,619

1,164

1,203

1,146

1,152

1,078

983

941

827

770

773

753

739

793

665

509

364

328

307

273

380

138

0

0

-

0

-

-

-

-

Provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Net income

5,290

5,082

4,793

4,643

4,647

4,240

4,048

3,974

3,807

4,092

4,113

4,051

4,033

3,875

3,759

3,612

3,373

3,192

3,139

3,011

2,903

3,223

3,070

2,907

2,772

2,432

2,202

1,933

1,939

1,693

1,371

1,657

1,461

1,303

2,110

0

0

0

Basic earnings per share:
Net income

0.53

0.56

0.51

0.48

0.45

0.45

0.45

0.48

0.28

0.37

0.42

0.42

0.39

0.38

0.40

0.41

0.33

0.33

0.34

0.32

0.26

0.32

0.28

0.28

0.39

0.25

0.23

0.22

0.25

0.17

0.12

0.22

0.15

0.04

0.23

0.15

0.09

0.36

Dividends paid per share

-

0.12

0.12

0.12

-

0.12

0.12

0.11

-

0.11

0.11

0.11

-

0.11

0.10

0.10

-

0.10

0.10

0.10

-

0.08

0.08

0.08

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.00

0.00

0.10

0.00

0.10

Weighted average shares outstanding

2,545

2,545

2,545

2,545

2,545

2,545

2,545

2,544

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

Diluted earnings per share:
Net income

0.53

0.56

0.51

0.48

0.45

0.45

0.45

0.48

0.28

0.37

0.42

0.42

0.39

0.38

0.40

0.41

0.33

0.33

0.34

0.32

0.26

0.32

0.28

0.28

0.39

0.25

0.23

0.22

0.25

0.17

0.12

0.22

0.15

0.04

0.23

0.15

0.09

0.36

Weighted average shares outstanding

2,545

2,545

2,545

2,545

2,545

2,545

2,545

2,544

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

-

2,547

2,547

-

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547

2,547