Call reports 2024
GENERATIONS BANK — 2024
What GENERATIONS 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 | 409,556,000 | 400,972,000 | 392,903,000 | 386,289,000 |
| Total loans | 332,338,000 | 325,331,000 | 318,215,000 | 310,238,000 |
| Allowance for loan losses | 3,050,000 | 3,177,000 | 2,994,000 | 2,786,000 |
| Securities available for sale | 27,868,000 | 25,990,000 | 25,265,000 | 24,366,000 |
| Securities held to maturity | 1,433,000 | 1,409,000 | 1,382,000 | 1,359,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 347,472,000 | 344,302,000 | 336,432,000 | 331,933,000 |
| Interest-bearing deposits | 295,131,000 | 292,909,000 | 282,466,000 | 280,746,000 |
| Noninterest-bearing deposits | 52,341,000 | 51,393,000 | 53,966,000 | 51,187,000 |
| Equity capital | 34,816,000 | 33,403,000 | 33,450,000 | 32,837,000 |
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 | 4,493,000 | 8,898,000 | 13,151,000 | 17,249,000 |
| Interest expense | 2,584,000 | 5,078,000 | 7,576,000 | 9,987,000 |
| Net interest income | 1,909,000 | 3,820,000 | 5,575,000 | 7,262,000 |
| Noninterest income | 342,000 | 701,000 | 1,011,000 | 1,347,000 |
| Noninterest expense | 2,772,000 | 5,765,000 | 8,732,000 | 11,988,000 |
| Provision for loan losses | 225,000 | 602,000 | 767,000 | 1,207,000 |
| Pretax income | -743,000 | -1,841,000 | -2,904,000 | -4,581,000 |
| Income tax | -174,000 | -433,000 | -656,000 | 86,000 |
| Net income | -569,000 | -1,408,000 | -2,248,000 | -4,667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,736,000 | 37,913,000 | 37,088,000 | 34,685,000 |
| Total capital | 41,792,000 | 41,096,000 | 40,088,000 | 37,477,000 |
| Risk-weighted assets | 298,869,000 | 291,192,000 | 283,617,000 | 282,408,000 |