Call reports 2003
GENESEE REGIONAL BANK — 2003
What GENESEE REGIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 45,104,000 | 46,366,000 | 46,756,000 | 46,331,000 |
| Total loans | 31,283,000 | 30,161,000 | 31,489,000 | 31,922,000 |
| Allowance for loan losses | 1,635,000 | 1,530,000 | 1,493,000 | 1,467,000 |
| Securities available for sale | 6,872,000 | 9,049,000 | 6,175,000 | 7,711,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,125,000 | 41,527,000 | 42,154,000 | 41,196,000 |
| Interest-bearing deposits | 36,788,000 | 37,180,000 | 38,384,000 | 36,586,000 |
| Noninterest-bearing deposits | 3,337,000 | 4,348,000 | 3,770,000 | 4,610,000 |
| Equity capital | 4,868,000 | 4,722,000 | 4,528,000 | 5,007,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 674,000 | 1,323,000 | 1,964,000 | 2,600,000 |
| Interest expense | 259,000 | 508,000 | 741,000 | 935,000 |
| Net interest income | 415,000 | 815,000 | 1,223,000 | 1,665,000 |
| Noninterest income | 23,000 | 49,000 | 46,000 | 57,000 |
| Noninterest expense | 549,000 | 1,101,000 | 1,587,000 | 2,113,000 |
| Provision for loan losses | 28,000 | 28,000 | 28,000 | 28,000 |
| Pretax income | -130,000 | -255,000 | -321,000 | -394,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -130,000 | -255,000 | -321,000 | -394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,745,000 | 4,620,000 | 4,554,000 | 5,081,000 |
| Total capital | 5,166,000 | 5,047,000 | 4,987,000 | 5,501,000 |
| Risk-weighted assets | 32,469,000 | 33,028,000 | 33,582,000 | 32,519,000 |