Call reports 2024
GENOA BANKING COMPANY, THE — 2024
What GENOA BANKING COMPANY, THE 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 | 615,906,000 | 647,431,000 | 672,741,000 | 672,454,000 |
| Total loans | 469,667,000 | 491,016,000 | 499,853,000 | 496,909,000 |
| Allowance for loan losses | 4,574,000 | 4,692,000 | 4,921,000 | 4,998,000 |
| Securities available for sale | 88,504,000 | 109,683,000 | 115,406,000 | 127,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 543,065,000 | 575,694,000 | 599,656,000 | 599,183,000 |
| Interest-bearing deposits | 409,238,000 | 435,655,000 | 458,600,000 | 460,130,000 |
| Noninterest-bearing deposits | 133,827,000 | 140,039,000 | 141,056,000 | 139,052,000 |
| Equity capital | 41,515,000 | 42,524,000 | 45,166,000 | 45,449,000 |
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 | 7,183,000 | 15,045,000 | 23,503,000 | 32,230,000 |
| Interest expense | 3,019,000 | 6,262,000 | 9,641,000 | 13,109,000 |
| Net interest income | 4,164,000 | 8,783,000 | 13,862,000 | 19,121,000 |
| Noninterest income | 676,000 | 1,265,000 | 1,875,000 | 2,514,000 |
| Noninterest expense | 4,120,000 | 8,364,000 | 12,788,000 | 17,450,000 |
| Provision for loan losses | 90,000 | 169,000 | 425,000 | 503,000 |
| Pretax income | 689,000 | 1,564,000 | 2,719,000 | 3,815,000 |
| Income tax | 144,000 | 330,000 | 576,000 | 799,000 |
| Net income | 545,000 | 1,234,000 | 2,143,000 | 3,016,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,141,000 | 46,745,000 | 47,654,000 | 48,527,000 |
| Total capital | 51,007,000 | 51,739,000 | 52,732,000 | 53,743,000 |
| Risk-weighted assets | 426,848,000 | 445,686,000 | 450,995,000 | 450,847,000 |