Call reports 2023
GENESEE REGIONAL BANK — 2023
What GENESEE REGIONAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,150,840,000 | 1,178,432,000 | 1,143,815,000 | 1,137,920,000 |
| Total loans | 766,024,000 | 794,770,000 | 820,227,000 | 835,201,000 |
| Allowance for loan losses | 8,172,000 | 8,504,000 | 8,809,000 | 9,377,000 |
| Securities available for sale | 242,904,000 | 238,799,000 | 196,768,000 | 203,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 872,106,000 | 823,371,000 | 810,727,000 | 852,561,000 |
| Interest-bearing deposits | 673,530,000 | 634,102,000 | 637,495,000 | 669,032,000 |
| Noninterest-bearing deposits | 198,576,000 | 189,269,000 | 173,232,000 | 183,529,000 |
| Equity capital | 82,021,000 | 82,689,000 | 77,876,000 | 87,869,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 12,618,000 | 26,786,000 | 40,898,000 | 55,345,000 |
| Interest expense | 5,873,000 | 13,570,000 | 21,385,000 | 29,454,000 |
| Net interest income | 6,745,000 | 13,216,000 | 19,513,000 | 25,891,000 |
| Noninterest income | 1,792,000 | 4,606,000 | 7,390,000 | 9,700,000 |
| Noninterest expense | 5,474,000 | 11,209,000 | 17,341,000 | 23,840,000 |
| Provision for loan losses | 45,000 | 542,000 | 852,000 | 1,252,000 |
| Pretax income | 2,843,000 | 5,866,000 | 5,407,000 | 7,197,000 |
| Income tax | 600,000 | 1,282,000 | 1,036,000 | 1,477,000 |
| Net income | 2,243,000 | 4,584,000 | 4,371,000 | 5,720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,757,000 | 109,751,000 | 109,591,000 | 110,592,000 |