Call reports 2022
GENESIS BANK — 2022
What GENESIS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 95,052,000 | 120,714,000 | 125,183,000 | 166,528,000 |
| Total loans | 59,837,000 | 81,283,000 | 95,600,000 | 133,475,000 |
| Allowance for loan losses | 608,000 | 808,000 | 949,000 | 1,338,000 |
| Securities available for sale | 0 | 9,737,000 | 9,727,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,039,000 | 47,824,000 | 54,464,000 | 98,073,000 |
| Interest-bearing deposits | 16,336,000 | 18,908,000 | 24,262,000 | 66,636,000 |
| Noninterest-bearing deposits | 26,703,000 | 28,916,000 | 30,202,000 | 31,437,000 |
| Equity capital | 43,070,000 | 63,681,000 | 60,873,000 | 58,855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 408,000 | 1,012,000 | 1,843,000 | 2,932,000 |
| Interest expense | 9,000 | 18,000 | 31,000 | 125,000 |
| Net interest income | 399,000 | 994,000 | 1,812,000 | 2,807,000 |
| Noninterest income | 765,000 | 727,000 | 888,000 | 1,119,000 |
| Noninterest expense | 4,019,000 | 7,988,000 | 11,989,000 | 15,072,000 |
| Provision for loan losses | 258,000 | 457,000 | 598,000 | 987,000 |
| Pretax income | -3,113,000 | -6,724,000 | -9,896,000 | -12,233,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -3,113,000 | -6,724,000 | -9,896,000 | -12,233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,070,000 | 63,676,000 | 60,947,000 | 58,855,000 |
| Total capital | 43,678,000 | 64,509,000 | 61,922,000 | 60,211,000 |
| Risk-weighted assets | 70,170,000 | 91,897,000 | 105,449,000 | 143,428,000 |