Call reports 2021
GENESIS BANK — 2021
What GENESIS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 22,081,000 | 23,057,000 | 25,767,000 | 28,314,000 |
| Total loans | 6,176,000 | 7,259,000 | 8,260,000 | 8,484,000 |
| Allowance for loan losses | 105,000 | 141,000 | 184,000 | 184,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,846,000 | 2,692,000 | 2,386,000 | 1,872,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,054,000 | 19,045,000 | 19,858,000 | 23,256,000 |
| Interest-bearing deposits | 9,033,000 | 9,054,000 | 9,406,000 | 9,821,000 |
| Noninterest-bearing deposits | 9,021,000 | 9,991,000 | 10,452,000 | 13,435,000 |
| Equity capital | 3,937,000 | 3,900,000 | 5,780,000 | 4,769,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 176,000 | 383,000 | 602,000 | 802,000 |
| Interest expense | 9,000 | 18,000 | 27,000 | 38,000 |
| Net interest income | 167,000 | 365,000 | 575,000 | 764,000 |
| Noninterest income | 21,000 | 47,000 | 1,895,000 | 1,921,000 |
| Noninterest expense | 181,000 | 414,000 | 686,000 | 1,623,000 |
| Provision for loan losses | 32,000 | 69,000 | 100,000 | 100,000 |
| Pretax income | -25,000 | -71,000 | 1,684,000 | 962,000 |
| Income tax | 0 | 0 | 0 | 289,000 |
| Net income | -25,000 | -71,000 | 1,684,000 | 673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,927,000 | 3,880,000 | 5,760,000 | 4,769,000 |
| Total capital | 4,032,000 | 4,008,000 | 5,909,000 | — |
| Risk-weighted assets | 9,137,000 | 10,256,000 | 11,905,000 | — |