Call reports 2021
GENESEE REGIONAL BANK — 2021
What GENESEE REGIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 805,335,000 | 824,500,000 | 975,069,000 | 979,606,000 |
| Total loans | 609,915,000 | 590,728,000 | 608,704,000 | 618,222,000 |
| Allowance for loan losses | 8,875,000 | 8,629,000 | 7,834,000 | 7,761,000 |
| Securities available for sale | 110,707,000 | 157,842,000 | 286,542,000 | 289,809,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 717,424,000 | 728,965,000 | 809,792,000 | 827,830,000 |
| Interest-bearing deposits | 504,903,000 | 524,419,000 | 579,455,000 | 578,700,000 |
| Noninterest-bearing deposits | 212,521,000 | 204,546,000 | 230,337,000 | 249,130,000 |
| Equity capital | 83,661,000 | 91,276,000 | 93,729,000 | 95,910,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 7,203,000 | 14,803,000 | 22,875,000 | 31,412,000 |
| Interest expense | 265,000 | 493,000 | 725,000 | 983,000 |
| Net interest income | 6,938,000 | 14,310,000 | 22,150,000 | 30,429,000 |
| Noninterest income | 3,541,000 | 8,364,000 | 12,693,000 | 16,859,000 |
| Noninterest expense | 5,498,000 | 11,198,000 | 16,875,000 | 23,232,000 |
| Provision for loan losses | 95,000 | -152,000 | -908,000 | -981,000 |
| Pretax income | 4,886,000 | 11,628,000 | 18,876,000 | 25,059,000 |
| Income tax | 1,103,000 | 2,748,000 | 4,463,000 | 5,785,000 |
| Net income | 3,783,000 | 8,880,000 | 14,413,000 | 19,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,265,000 | 89,531,000 | 93,647,000 | 96,571,000 |