Call reports 2004
GENESEE REGIONAL BANK — 2004
What GENESEE REGIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 43,763,000 | 42,565,000 | 48,313,000 | 52,570,000 |
| Total loans | 31,053,000 | 32,573,000 | 34,285,000 | 34,524,000 |
| Allowance for loan losses | 1,323,000 | 984,000 | 999,000 | 689,000 |
| Securities available for sale | 6,753,000 | 5,541,000 | 4,812,000 | 4,106,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,575,000 | 37,863,000 | 42,879,000 | 46,861,000 |
| Interest-bearing deposits | 34,240,000 | 32,734,000 | 37,251,000 | 41,308,000 |
| Noninterest-bearing deposits | 4,335,000 | 5,129,000 | 5,628,000 | 5,553,000 |
| Equity capital | 5,021,000 | 4,509,000 | 5,251,000 | 5,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 586,000 | 1,158,000 | 1,850,000 | 2,521,000 |
| Interest expense | 183,000 | 352,000 | 529,000 | 741,000 |
| Net interest income | 403,000 | 806,000 | 1,321,000 | 1,780,000 |
| Noninterest income | 20,000 | 37,000 | 65,000 | 95,000 |
| Noninterest expense | 500,000 | 1,049,000 | 1,512,000 | 1,987,000 |
| Provision for loan losses | 0 | 210,000 | 247,000 | -53,000 |
| Pretax income | -77,000 | -416,000 | -366,000 | -52,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -77,000 | -416,000 | -366,000 | -52,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,004,000 | 4,665,000 | 5,315,000 | 5,630,000 |
| Total capital | 5,419,000 | 5,075,000 | 5,767,000 | 6,094,000 |
| Risk-weighted assets | 32,318,000 | 32,246,000 | 35,638,000 | 36,885,000 |