Call reports 2023
GENESIS BANK — 2023
What GENESIS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 180,639,000 | 185,368,000 | 173,421,000 | 198,670,000 |
| Total loans | 148,295,000 | 147,193,000 | 147,291,000 | 145,994,000 |
| Allowance for loan losses | 1,784,000 | 1,740,000 | 1,738,000 | 1,738,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,729,000 | 95,424,000 | 84,932,000 | 137,525,000 |
| Interest-bearing deposits | 63,818,000 | 38,948,000 | 47,214,000 | 83,119,000 |
| Noninterest-bearing deposits | 52,911,000 | 56,476,000 | 37,718,000 | 54,406,000 |
| Equity capital | 55,872,000 | 53,060,000 | 51,063,000 | 49,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,537,000 | 3,080,000 | 4,654,000 | 6,457,000 |
| Interest expense | 339,000 | 729,000 | 1,232,000 | 1,833,000 |
| Net interest income | 1,198,000 | 2,351,000 | 3,422,000 | 4,624,000 |
| Noninterest income | 119,000 | 327,000 | 471,000 | 581,000 |
| Noninterest expense | 4,096,000 | 8,574,000 | 11,641,000 | 14,951,000 |
| Provision for loan losses | 233,000 | 188,000 | 186,000 | 187,000 |
| Pretax income | -3,012,000 | -6,084,000 | -7,934,000 | -9,933,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -3,012,000 | -6,084,000 | -7,934,000 | -9,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,872,000 | 53,060,000 | 51,063,000 | 49,150,000 |
| Total capital | 57,687,000 | 54,824,000 | 52,819,000 | 50,901,000 |
| Risk-weighted assets | 153,541,000 | 152,891,000 | 151,929,000 | 150,144,000 |