Call reports 2007
GENESIS BANK — 2007
What GENESIS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 16,066,000 | 15,622,000 | 15,534,000 | 16,062,000 |
| Total loans | 7,533,000 | 7,913,000 | 8,005,000 | 7,874,000 |
| Allowance for loan losses | 112,000 | 270,000 | 244,000 | 219,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,276,000 | 3,237,000 | 2,601,000 | 2,559,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,897,000 | 13,545,000 | 13,408,000 | 14,066,000 |
| Interest-bearing deposits | 11,848,000 | 11,488,000 | 11,156,000 | 11,190,000 |
| Noninterest-bearing deposits | 2,048,000 | 2,057,000 | 2,252,000 | 2,876,000 |
| Equity capital | 2,110,000 | 1,971,000 | 2,002,000 | 1,876,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 256,000 | 522,000 | 774,000 | 1,030,000 |
| Interest expense | 95,000 | 185,000 | 274,000 | 362,000 |
| Net interest income | 161,000 | 337,000 | 500,000 | 668,000 |
| Noninterest income | 28,000 | 58,000 | 94,000 | 118,000 |
| Noninterest expense | 126,000 | 273,000 | 441,000 | 737,000 |
| Provision for loan losses | 5,000 | 180,000 | 180,000 | 180,000 |
| Pretax income | 58,000 | -58,000 | -27,000 | -131,000 |
| Income tax | 0 | 23,000 | 23,000 | 15,000 |
| Net income | 58,000 | -81,000 | -50,000 | -146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,023,000 | 1,884,000 | 1,915,000 | 1,789,000 |
| Total capital | 2,127,000 | 1,991,000 | 2,024,000 | 1,899,000 |
| Risk-weighted assets | 8,326,000 | 8,402,000 | 8,595,000 | 8,666,000 |