Call reports 2020
GENESIS BANK — 2020
What GENESIS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 16,605,000 | 21,294,000 | 21,071,000 | 22,497,000 |
| Total loans | 4,444,000 | 4,722,000 | 5,752,000 | 5,246,000 |
| Allowance for loan losses | 35,000 | 48,000 | 74,000 | 73,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,516,000 | 4,659,000 | 4,465,000 | 3,335,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,543,000 | 17,370,000 | 17,125,000 | 18,451,000 |
| Interest-bearing deposits | 8,774,000 | 9,069,000 | 9,355,000 | 8,496,000 |
| Noninterest-bearing deposits | 5,769,000 | 8,301,000 | 7,770,000 | 9,955,000 |
| Equity capital | 1,985,000 | 3,867,000 | 3,878,000 | 3,965,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 141,000 | 266,000 | 459,000 | 621,000 |
| Interest expense | 13,000 | 25,000 | 37,000 | 48,000 |
| Net interest income | 128,000 | 241,000 | 422,000 | 573,000 |
| Noninterest income | 19,000 | 36,000 | 81,000 | 238,000 |
| Noninterest expense | 130,000 | 265,000 | 450,000 | 654,000 |
| Provision for loan losses | 3,000 | 16,000 | 48,000 | 64,000 |
| Pretax income | 14,000 | -4,000 | 5,000 | 93,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 14,000 | -4,000 | 5,000 | 93,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,975,000 | 3,857,000 | 3,868,000 | 3,955,000 |
| Total capital | 2,010,000 | 3,905,000 | 3,942,000 | 4,028,000 |
| Risk-weighted assets | 6,536,000 | 7,557,000 | 7,887,000 | 8,622,000 |