Call reports 2024
GENERATIONS COMMERCIAL BANK — 2024
What GENERATIONS COMMERCIAL 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 | 18,060,000 | 19,351,000 | 17,945,000 | 18,151,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 9,161,000 | 8,775,000 | 9,157,000 | 8,913,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,088,000 | 10,417,000 | 8,625,000 | 8,964,000 |
| Interest-bearing deposits | 9,088,000 | 10,417,000 | 8,625,000 | 8,964,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 8,848,000 | 8,797,000 | 9,158,000 | 9,014,000 |
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 | 186,000 | 369,000 | 556,000 | 723,000 |
| Interest expense | 92,000 | 184,000 | 278,000 | 362,000 |
| Net interest income | 94,000 | 185,000 | 278,000 | 361,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 21,000 | 42,000 | 63,000 | 84,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 73,000 | 143,000 | 215,000 | 277,000 |
| Income tax | 15,000 | 30,000 | 45,000 | 58,000 |
| Net income | 58,000 | 113,000 | 170,000 | 219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,839,000 | 9,894,000 | 9,952,000 | 9,999,000 |
| Total capital | 9,839,000 | 9,894,000 | 9,952,000 | 9,999,000 |
| Risk-weighted assets | 4,097,000 | 4,361,000 | 3,982,000 | 4,213,000 |