Call reports 2023
GENERATIONS BANK — 2023
What GENERATIONS 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 | 47,787,000 | 46,659,000 | 47,423,000 | 51,946,000 |
| Total loans | 28,401,000 | 28,877,000 | 31,136,000 | 35,071,000 |
| Allowance for loan losses | 575,000 | 578,000 | 581,000 | 584,000 |
| Securities available for sale | 11,616,000 | 11,782,000 | 11,738,000 | 12,219,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,790,000 | 41,603,000 | 37,535,000 | 40,836,000 |
| Interest-bearing deposits | 30,315,000 | 30,687,000 | 29,304,000 | 31,157,000 |
| Noninterest-bearing deposits | 12,475,000 | 10,916,000 | 8,231,000 | 9,679,000 |
| Equity capital | 4,140,000 | 4,106,000 | 3,904,000 | 4,172,000 |
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 | 571,000 | 1,114,000 | 1,656,000 | 2,292,000 |
| Interest expense | 118,000 | 259,000 | 418,000 | 660,000 |
| Net interest income | 453,000 | 855,000 | 1,238,000 | 1,632,000 |
| Noninterest income | 60,000 | 108,000 | 171,000 | 223,000 |
| Noninterest expense | 363,000 | 673,000 | 998,000 | 1,340,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 147,000 | 284,000 | 402,000 | 466,000 |
| Income tax | 15,000 | 64,000 | 85,000 | 95,000 |
| Net income | 132,000 | 220,000 | 317,000 | 371,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,499,000 | 4,587,000 | 4,570,000 | 4,508,000 |