Call reports 2001
GECC FINANCIAL CORPORATION — 2001
What GECC FINANCIAL CORPORATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 9,307,000 | 9,283,000 | 9,286,000 | 9,251,000 |
| Total loans | 281,000 | 279,000 | 278,000 | 208,000 |
| Allowance for loan losses | 5,000 | 5,000 | 5,000 | 3,000 |
| Securities available for sale | 8,750,000 | 8,770,000 | 8,791,000 | 8,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,661,000 | 884,000 | 712,000 | 641,000 |
| Interest-bearing deposits | 1,661,000 | 884,000 | 712,000 | 641,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 4,523,000 | 4,545,000 | 4,553,000 | 4,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 139,000 | 250,000 | 339,000 | 404,000 |
| Interest expense | 32,000 | 64,000 | 84,000 | 106,000 |
| Net interest income | 107,000 | 186,000 | 255,000 | 298,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 40,000 | 86,000 | 139,000 | 184,000 |
| Provision for loan losses | 0 | 0 | 0 | -2,000 |
| Pretax income | 67,000 | 100,000 | 116,000 | 116,000 |
| Income tax | 23,000 | 34,000 | 41,000 | 36,000 |
| Net income | 44,000 | 66,000 | 75,000 | 80,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,519,000 | 4,541,000 | 4,550,000 | 4,555,000 |
| Total capital | 4,524,000 | 4,546,000 | 4,555,000 | 4,558,000 |
| Risk-weighted assets | 2,486,000 | 2,351,000 | 2,340,000 | 2,288,000 |