Call reports 2020
GENERATIONS BANK — 2020
What GENERATIONS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 37,379,000 | 40,882,000 | 41,758,000 | 43,450,000 |
| Total loans | 26,315,000 | 28,962,000 | 28,464,000 | 26,717,000 |
| Allowance for loan losses | 568,000 | 568,000 | 577,000 | 586,000 |
| Securities available for sale | 5,600,000 | 5,602,000 | 7,258,000 | 10,621,000 |
| Securities held to maturity | 761,000 | 147,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,633,000 | 33,102,000 | 33,911,000 | 34,952,000 |
| Interest-bearing deposits | 23,820,000 | 24,842,000 | 24,805,000 | 24,853,000 |
| Noninterest-bearing deposits | 7,813,000 | 8,260,000 | 9,106,000 | 10,099,000 |
| Equity capital | 4,644,000 | 4,649,000 | 4,770,000 | 4,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 467,000 | 844,000 | 1,241,000 | 1,712,000 |
| Interest expense | 78,000 | 143,000 | 209,000 | 274,000 |
| Net interest income | 389,000 | 701,000 | 1,032,000 | 1,438,000 |
| Noninterest income | 52,000 | 84,000 | 189,000 | 177,000 |
| Noninterest expense | 331,000 | 622,000 | 913,000 | 1,229,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 83,000 | 114,000 | 244,000 | 306,000 |
| Income tax | 14,000 | 23,000 | 34,000 | 64,000 |
| Net income | 69,000 | 91,000 | 210,000 | 242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,145,000 | 4,068,000 | 4,204,000 | 4,132,000 |