Call reports 2008
GENESIS BANK — 2008
What GENESIS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 16,637,000 | 16,778,000 | 15,946,000 | 16,683,000 |
| Total loans | 6,926,000 | 7,263,000 | 7,315,000 | 6,796,000 |
| Allowance for loan losses | 206,000 | 215,000 | 87,000 | 71,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,808,000 | 3,052,000 | 3,264,000 | 3,470,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,629,000 | 14,713,000 | 13,929,000 | 14,659,000 |
| Interest-bearing deposits | 12,581,000 | 12,197,000 | 11,820,000 | 11,402,000 |
| Noninterest-bearing deposits | 2,048,000 | 2,516,000 | 2,109,000 | 3,257,000 |
| Equity capital | 1,924,000 | 1,967,000 | 1,916,000 | 1,901,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 240,000 | 472,000 | 712,000 | 937,000 |
| Interest expense | 92,000 | 179,000 | 262,000 | 342,000 |
| Net interest income | 148,000 | 293,000 | 450,000 | 595,000 |
| Noninterest income | 41,000 | 54,000 | 87,000 | 111,000 |
| Noninterest expense | 127,000 | 246,000 | 386,000 | 540,000 |
| Provision for loan losses | 0 | 20,000 | 120,000 | 120,000 |
| Pretax income | 62,000 | 81,000 | 31,000 | 46,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 62,000 | 81,000 | 31,000 | 46,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,837,000 | 1,881,000 | 1,830,000 | 1,901,000 |
| Total capital | 1,938,000 | 1,986,000 | 1,917,000 | 1,972,000 |
| Risk-weighted assets | 8,006,000 | 8,260,000 | 8,464,000 | 11,368,000 |