Call reports 2023
GENERATIONS COMMERCIAL BANK — 2023
What GENERATIONS COMMERCIAL 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 | 17,618,000 | 18,105,000 | 17,651,000 | 18,379,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 9,318,000 | 8,906,000 | 8,153,000 | 9,375,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,786,000 | 9,309,000 | 9,409,000 | 9,202,000 |
| Interest-bearing deposits | 8,786,000 | 9,309,000 | 9,409,000 | 9,149,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 53,000 |
| Equity capital | 8,750,000 | 8,663,000 | 8,107,000 | 8,958,000 |
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 | 85,000 | 164,000 | 318,000 | 504,000 |
| Interest expense | 25,000 | 85,000 | 171,000 | 262,000 |
| Net interest income | 60,000 | 79,000 | 147,000 | 242,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 21,000 | 42,000 | 62,000 | 90,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 39,000 | 37,000 | 85,000 | 152,000 |
| Income tax | 8,000 | 8,000 | 18,000 | 32,000 |
| Net income | 31,000 | 29,000 | 67,000 | 120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,691,000 | 9,690,000 | 9,727,000 | 9,781,000 |
| Total capital | 9,691,000 | 9,690,000 | 9,727,000 | 9,781,000 |
| Risk-weighted assets | 3,974,000 | 4,080,000 | 4,307,000 | 4,037,000 |