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Southwest Georgia Financial Corp (SGB)

Southwest Georgia Financial Corp (SGB)
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Southwest Georgia Financial Corporation is a state-chartered bank holding company with approximately $two hundred ninety million in assets headquartered in Moultrie, Georgia. Its primary subsidiary, Southwest Georgia Bank, offers comprehensive financial services to consumer, business, and governmental customers. The current banking facilities include the main office located in Colquitt County, and branch offices located in Baker County, Thomas County, and Worth County. In addition to conventional banking services, the bank provides investment planning and management, trust management, mortgage banking, and commercial and individual insurance products. Insurance products and advice are provided by Southwest Georgia Insurance Services which has an office in Colquitt County. Mortgage banking for primarily commercial properties is provided by Empire Financial Services, Inc., a mortgage banking services firm.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2019 Sep, 2019 Jun, 2019 Mar, 2019 Dec, 2018
Sales 7,650 7,550 7,450 7,200 7,070
Sales Growth +1.32% +1.34% +3.47% +1.84% +6.80%
Net Income 1,340 1,430 1,300 1,230 1,120
Net Income Growth -6.29% +10.00% +5.69% +9.82% -1.75%
(Values in U.S. Thousands) Dec, 2019 Sep, 2019 Jun, 2019 Mar, 2019 Dec, 2018
Total Assets 547,540 552,470 551,070 534,830 515,370
Total Assets Growth -0.89% +0.25% +3.04% +3.78% +1.42%
Total Liabilities 499,150 505,420 505,810 491,210 472,920
Total Liabilities Growth -1.24% -0.08% +2.97% +3.87% +1.44%
(Values in U.S. Thousands) Dec, 2019 Sep, 2019 Jun, 2019 Mar, 2019 Dec, 2018
Operating Cash Flow 4,920 2,940 1,270 6,560 5,000
Operating Cash Flow Growth +67.35% +131.50% -80.64% +31.20% +44.51%
Net Cash Flow -11,660 -4,880 13,520 1,360 -8,620
Change in Net Cash Flow -138.93% -136.09% +894.12% +115.78% -1,017.02%
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