Call reports 2021
GENESIS BANK — 2021
What GENESIS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q3 | 2021Q4 |
|---|---|---|
| Total assets | 57,217,000 | 85,797,000 |
| Total loans | 0 | 36,100,000 |
| Allowance for loan losses | 0 | 350,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 869,000 | 30,423,000 |
| Interest-bearing deposits | 205,000 | 18,933,000 |
| Noninterest-bearing deposits | 664,000 | 11,490,000 |
| Equity capital | 49,416,000 | 45,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q3 | 2021Q4 |
|---|---|---|
| Interest income | 21,000 | 184,000 |
| Interest expense | 0 | 7,000 |
| Net interest income | 21,000 | 177,000 |
| Noninterest income | 0 | 0 |
| Noninterest expense | 7,520,000 | 11,150,000 |
| Provision for loan losses | 0 | 350,000 |
| Pretax income | -7,499,000 | -11,323,000 |
| Income tax | 0 | 0 |
| Net income | -7,499,000 | -11,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q3 | 2021Q4 |
|---|---|---|
| Tier 1 capital | 49,416,000 | 45,789,000 |
| Total capital | 49,416,000 | 46,139,000 |
| Risk-weighted assets | 8,695,000 | 46,420,000 |