Call reports 2024
GENESIS BANK — 2024
What GENESIS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 193,473,000 | 190,720,000 | 197,294,000 | 184,914,000 |
| Total loans | 144,884,000 | 141,834,000 | 141,896,000 | 138,324,000 |
| Allowance for loan losses | 1,774,000 | 1,795,000 | 1,722,000 | 1,650,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,674,000 | 133,745,000 | 141,653,000 | 131,088,000 |
| Interest-bearing deposits | 81,624,000 | 64,059,000 | 62,391,000 | 66,145,000 |
| Noninterest-bearing deposits | 53,050,000 | 69,686,000 | 79,262,000 | 64,943,000 |
| Equity capital | 47,473,000 | 45,839,000 | 44,508,000 | 42,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,018,000 | 4,328,000 | 6,612,000 | 8,676,000 |
| Interest expense | 685,000 | 1,500,000 | 2,078,000 | 2,672,000 |
| Net interest income | 1,333,000 | 2,828,000 | 4,534,000 | 6,004,000 |
| Noninterest income | 102,000 | 281,000 | 434,000 | 548,000 |
| Noninterest expense | 3,144,000 | 6,498,000 | 9,781,000 | 13,001,000 |
| Provision for loan losses | 36,000 | 57,000 | -16,000 | -88,000 |
| Pretax income | -1,745,000 | -3,446,000 | -4,788,000 | -6,363,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,745,000 | -3,446,000 | -4,788,000 | -6,363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,473,000 | 45,839,000 | 44,508,000 | 42,933,000 |
| Total capital | 49,264,000 | 47,191,000 | 45,857,000 | 44,235,000 |
| Risk-weighted assets | 148,792,000 | 107,768,000 | 107,582,000 | 103,833,000 |