Call reports 2008
GENUBANK — 2008
What GENUBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Total assets | 11,986,000 | 15,498,000 | 15,521,000 |
| Total loans | 1,417,000 | 8,335,000 | 10,085,000 |
| Allowance for loan losses | 15,000 | 92,000 | 112,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,860,000 | 5,579,000 | 5,678,000 |
| Interest-bearing deposits | 1,653,000 | 4,704,000 | 4,732,000 |
| Noninterest-bearing deposits | 207,000 | 876,000 | 946,000 |
| Equity capital | 9,427,000 | 9,278,000 | 9,175,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Interest income | 22,000 | 169,000 | 382,000 |
| Interest expense | 1,000 | 19,000 | 48,000 |
| Net interest income | 21,000 | 150,000 | 334,000 |
| Noninterest income | 18,000 | 65,000 | 72,000 |
| Noninterest expense | 745,000 | 1,070,000 | 1,470,000 |
| Provision for loan losses | 15,000 | 92,000 | 112,000 |
| Pretax income | -721,000 | -947,000 | -1,176,000 |
| Income tax | -148,000 | -225,000 | -304,000 |
| Net income | -573,000 | -722,000 | -872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|
| Tier 1 capital | 9,279,000 | 9,053,000 | 8,871,000 |
| Total capital | 9,294,000 | 9,145,000 | 8,983,000 |
| Risk-weighted assets | 3,915,000 | 10,277,000 | 11,680,000 |