Quarterly Data

12 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Quarterly Data

18. QUARTERLY DATA

SOUTHWEST GEORGIA FINANCIAL CORPORATION
QUARTERLY DATA
(UNAUDITED)
(Dollars in thousands)
	For the Year 2011
	Fourth	Third	Second	First
Interest and dividend income	$   3,289	$ 3,225	$ 3,425	$  3,165
Interest expense	502	529	567	597
Net interest income	2,787	2,696	2,858	2,568
Provision for loan losses	204	480	150	150
Net interest income after provision for loan losses	2,583	2,216	2,708	2,418
Noninterest income	1,235	1,188	1,439	1,297
Noninterest expenses	3,351	3,380	3,359	3,246
Income (loss) before income taxes	467	24	788	469
Provision(benefit) for income taxes	71	(75)	197	94
Net income (loss)	$      396	$      99	$   591	$    375
Earnings (loss) per share of common stock:
Basic	$       .15	$     .04	$    .23	$     .15
Diluted	$       .15	$     .04	$    .23	$     .15
	For the Year 2010
	Fourth	Third	Second	First
Interest and dividend income	$   3,180	$ 3,173	$ 3,378	$  3,285
Interest expense	653	706	743	787
Net interest income	2,527	2,467	2,635	2,498
Provision for loan losses	150	150	150	150
Net interest income after provision for loan losses	2,377	2,317	2,485	2,348
Noninterest income	1,152	1,012	1,774	1,151
Noninterest expenses	3,154	3,072	3,013	2,938
Income (loss) before income taxes	375	257	1,246	561
Provision(benefit) for income taxes	71	18	340	154
Net income (loss)	$      304	$    239	$   906	$    407
Earnings (loss) per share of common stock:
Basic	$       .12	$     .09	$    .36	$     .16
Diluted	$       .12	$     .09	$    .36	$     .16