Call reports 2020
GENESEE REGIONAL BANK — 2020
What GENESEE REGIONAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 598,040,000 | 714,991,000 | 746,410,000 | 751,390,000 |
| Total loans | 439,586,000 | 571,266,000 | 598,207,000 | 552,233,000 |
| Allowance for loan losses | 5,874,000 | 6,669,000 | 7,719,000 | 8,778,000 |
| Securities available for sale | 83,978,000 | 86,566,000 | 87,309,000 | 92,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 496,739,000 | 637,451,000 | 665,482,000 | 666,568,000 |
| Interest-bearing deposits | 383,138,000 | 454,829,000 | 471,483,000 | 475,546,000 |
| Noninterest-bearing deposits | 113,601,000 | 182,622,000 | 193,999,000 | 191,022,000 |
| Equity capital | 69,213,000 | 73,291,000 | 77,733,000 | 81,502,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,719,000 | 13,086,000 | 20,443,000 | 28,864,000 |
| Interest expense | 1,129,000 | 1,636,000 | 2,002,000 | 2,346,000 |
| Net interest income | 5,590,000 | 11,450,000 | 18,441,000 | 26,518,000 |
| Noninterest income | 1,374,000 | 4,160,000 | 8,961,000 | 14,397,000 |
| Noninterest expense | 4,334,000 | 8,678,000 | 13,637,000 | 18,833,000 |
| Provision for loan losses | 281,000 | 1,074,000 | 2,076,000 | 3,065,000 |
| Pretax income | 2,349,000 | 5,858,000 | 11,689,000 | 19,017,000 |
| Income tax | 474,000 | 815,000 | 2,168,000 | 3,932,000 |
| Net income | 1,875,000 | 5,043,000 | 9,521,000 | 15,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,683,000 | 70,398,000 | 74,687,000 | 78,627,000 |
| Total capital | 74,036,000 | — | — | — |
| Risk-weighted assets | 427,728,000 | — | — | — |