Call reports 2023
GENESIS BANK — 2023
What GENESIS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 37,634,000 | 47,106,000 | 50,563,000 | 51,396,000 |
| Total loans | 21,219,000 | 27,158,000 | 30,538,000 | 33,404,000 |
| Allowance for loan losses | 358,000 | 396,000 | 415,000 | 628,000 |
| Securities available for sale | 0 | 0 | 0 | 8,448,000 |
| Securities held to maturity | 9,819,000 | 9,423,000 | 9,043,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,940,000 | 37,161,000 | 39,883,000 | 37,583,000 |
| Interest-bearing deposits | 11,259,000 | 15,330,000 | 18,557,000 | 18,603,000 |
| Noninterest-bearing deposits | 16,681,000 | 21,831,000 | 21,326,000 | 18,980,000 |
| Equity capital | 9,133,000 | 9,284,000 | 9,749,000 | 12,916,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 537,000 | 1,276,000 | 2,063,000 | 2,990,000 |
| Interest expense | 8,000 | 17,000 | 123,000 | 257,000 |
| Net interest income | 529,000 | 1,259,000 | 1,940,000 | 2,733,000 |
| Noninterest income | 242,000 | 350,000 | 456,000 | 7,210,000 |
| Noninterest expense | 559,000 | 1,207,000 | 1,919,000 | 3,653,000 |
| Provision for loan losses | 79,000 | 119,000 | 138,000 | 351,000 |
| Pretax income | 133,000 | 283,000 | 339,000 | 5,189,000 |
| Income tax | 0 | 0 | 0 | 1,552,000 |
| Net income | 133,000 | 283,000 | 339,000 | 3,637,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,134,000 | 9,284,000 | 9,749,000 | 12,916,000 |