Southwest Georgia Financial Corporation (SGB) financial statements (2021 and earlier)

Company profile

Business Address 201 FIRST ST SE
MOULTRIE, GA 31768
State of Incorp. GA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments38353427311335
Cash and cash equivalents38353427311335
Total current assets:38353427311335
Noncurrent Assets
Property, plant and equipment14151211111210
Long-term investments and receivables      2
Long-term investments      2
Intangible assets, net (including goodwill) 000000
Intangible assets, net (excluding goodwill) 000000
Total noncurrent assets:14151211111212
Other undisclosed assets504485443411373350326
TOTAL ASSETS:555535489449415374374
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt81526885 
Due to related parties0122222
Total current liabilities:81628111072
Noncurrent Liabilities
Other undisclosed liabilities496475420399369333341
Total liabilities:505491448410379340342
Stockholders' equity
Stockholders' equity attributable to parent, including:50444138363431
Common stock3344444
Treasury stock, value  (26)(26)(26)(26)(26)
Additional paid in capital      32
Accumulated other comprehensive income (loss)1(2)(2)(2)(1)(1)(1)
Retained earnings29253330272523
Other undisclosed stockholders' equity attributable to parent181832323232 
Total stockholders' equity:50444138363431
TOTAL LIABILITIES AND EQUITY:555535489449415374374

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues262322201886 
Net investment income252119171515 
Financial services revenue33371 
Cost of revenue(1)(1)(0)(0)(0)(0)(0)
Provision for loan, lease, and other losses(1)(1)
Financial services costs(0)(0)(0)(0)(0)
Gross profit:252222201885(0)
Operating expenses(3)(3)(12)(11)(10)(11)(9)
Other operating income (expense), net111(3)111
Noninterest income, other operating income1111111
Other undisclosed operating loss     (72) 
Operating income (loss):232010684(9)
Nonoperating income   0000
Gains (losses) on sales of other real estate   000(0)
Bank owned life insurance income     00
Interest and debt expense(4)(3)(2)(2)(1)(1)(2)
Income (loss) from continuing operations before equity method investments, income taxes:19168572(10)
Other undisclosed income (loss) from continuing operations before income taxes(12)(11)(3)0(3)113
Income from continuing operations before income taxes:6555443
Income tax expense(1)(1)(2)(1)(1)(1)(0)
Net income available to common stockholders, basic:5544333
Dilutive securities, effect on basic earnings per share  0    
Net income available to common stockholders, diluted:5544333

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:5544333
Other comprehensive income (loss)3(1)0(1)(1)1(1)
Comprehensive income, net of tax, attributable to parent:8443342

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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