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 | 387,951,000 | 393,400,000 | 407,060,000 | 423,009,000 |
| Total loans | 311,024,000 | 318,235,000 | 331,410,000 | 336,454,000 |
| Allowance for loan losses | 2,653,000 | 2,771,000 | 2,752,000 | 2,973,000 |
| Securities available for sale | 32,265,000 | 30,093,000 | 28,909,000 | 30,260,000 |
| Securities held to maturity | 1,553,000 | 1,516,000 | 1,491,000 | 1,454,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 340,342,000 | 336,746,000 | 346,880,000 | 361,543,000 |
| Interest-bearing deposits | 286,340,000 | 285,097,000 | 292,904,000 | 307,842,000 |
| Noninterest-bearing deposits | 54,002,000 | 51,649,000 | 53,976,000 | 53,701,000 |
| Equity capital | 35,470,000 | 35,097,000 | 33,595,000 | 35,724,000 |
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 | 3,795,000 | 7,659,000 | 11,830,000 | 16,364,000 |
| Interest expense | 1,253,000 | 2,877,000 | 5,006,000 | 7,602,000 |
| Net interest income | 2,542,000 | 4,782,000 | 6,824,000 | 8,762,000 |
| Noninterest income | 503,000 | 1,209,000 | 1,589,000 | 2,691,000 |
| Noninterest expense | 3,106,000 | 6,187,000 | 9,258,000 | 12,678,000 |
| Provision for loan losses | 165,000 | 330,000 | 505,000 | 927,000 |
| Pretax income | -225,000 | -522,000 | -1,368,000 | -2,155,000 |
| Income tax | -47,000 | -111,000 | -288,000 | -459,000 |
| Net income | -178,000 | -411,000 | -1,080,000 | -1,696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,965,000 | 40,541,000 | 39,887,000 | 39,288,000 |
| Total capital | 42,618,000 | 43,312,000 | 42,660,000 | 42,267,000 |
| Risk-weighted assets | 296,938,000 | 300,138,000 | 308,898,000 | 306,255,000 |