Call reports 2002
GENESEE REGIONAL BANK — 2002
What GENESEE REGIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 45,343,000 | 43,446,000 | 45,284,000 | 44,116,000 |
| Total loans | 37,550,000 | 36,003,000 | 35,129,000 | 33,075,000 |
| Allowance for loan losses | 1,694,000 | 1,366,000 | 1,690,000 | 1,718,000 |
| Securities available for sale | 3,421,000 | 4,032,000 | 6,185,000 | 7,061,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,332,000 | 39,895,000 | 40,059,000 | 38,942,000 |
| Interest-bearing deposits | 38,143,000 | 36,639,000 | 36,449,000 | 35,091,000 |
| Noninterest-bearing deposits | 3,189,000 | 3,256,000 | 3,610,000 | 3,851,000 |
| Equity capital | 3,418,000 | 3,384,000 | 5,089,000 | 5,027,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 797,000 | 1,559,000 | 2,327,000 | 3,059,000 |
| Interest expense | 373,000 | 715,000 | 1,023,000 | 1,313,000 |
| Net interest income | 424,000 | 844,000 | 1,304,000 | 1,746,000 |
| Noninterest income | 56,000 | 96,000 | 129,000 | 140,000 |
| Noninterest expense | 416,000 | 858,000 | 1,338,000 | 1,753,000 |
| Provision for loan losses | 421,000 | 606,000 | 926,000 | 1,086,000 |
| Pretax income | -357,000 | -524,000 | -831,000 | -953,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -357,000 | -524,000 | -831,000 | -953,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,471,000 | 3,304,000 | 4,997,000 | 4,875,000 |
| Total capital | 3,980,000 | 3,788,000 | 5,475,000 | 5,315,000 |
| Risk-weighted assets | 39,570,000 | 37,852,000 | 37,063,000 | 33,888,000 |