Call reports 2008
GENESEE REGIONAL BANK — 2008
What GENESEE REGIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 113,128,000 | 120,052,000 | 141,619,000 | 149,750,000 |
| Total loans | 73,652,000 | 82,114,000 | 84,041,000 | 95,480,000 |
| Allowance for loan losses | 711,000 | 780,000 | 799,000 | 814,000 |
| Securities available for sale | 15,728,000 | 30,901,000 | 34,615,000 | 33,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,596,000 | 103,025,000 | 118,038,000 | 121,865,000 |
| Interest-bearing deposits | 90,396,000 | 89,329,000 | 101,700,000 | 107,752,000 |
| Noninterest-bearing deposits | 12,200,000 | 13,696,000 | 16,338,000 | 14,113,000 |
| Equity capital | 8,020,000 | 11,448,000 | 10,951,000 | 10,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,692,000 | 3,403,000 | 5,335,000 | 7,357,000 |
| Interest expense | 722,000 | 1,324,000 | 2,031,000 | 2,806,000 |
| Net interest income | 970,000 | 2,079,000 | 3,304,000 | 4,551,000 |
| Noninterest income | 138,000 | 259,000 | 331,000 | 431,000 |
| Noninterest expense | 911,000 | 1,857,000 | 2,842,000 | 3,818,000 |
| Provision for loan losses | 24,000 | 91,000 | 111,000 | 215,000 |
| Pretax income | 173,000 | 390,000 | 682,000 | 997,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 173,000 | 390,000 | 682,000 | 997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,648,000 | 11,601,000 | 11,772,000 | 11,697,000 |
| Total capital | 8,359,000 | 12,381,000 | 12,571,000 | 12,511,000 |
| Risk-weighted assets | 76,882,000 | 88,688,000 | 92,584,000 | 103,709,000 |