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Genesis Bank
Genesis Bank
RSSD ID 659640 | CERTIFICATE 15817 | ABA NUMBER 84202743 |
202 Main St |
Quarter Ended : |
2025-03-31 |
Benoit, Mississippi, 38725 |
Updated : |
2025-04-30 |
Institution Profile |
Year Opened : |
1904 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Consumer Lending Specialization |
Number of Offices : |
1 |
Number of Employees : |
18 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 75,387 |
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Total Interest Income | 1,200 |
Total Liabilities | 61,874 |
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Total NonInterest Income | 137 |
Total Bank Equity Capital | 13,513 |
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Total Interest Expense | 480 |
Total Deposits | 60,842 |
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Total NonInterest Expense | 720 |
Net Loans & Leases | 51,894 |
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Net Income | 91 |
Loan Loss Allowance | 627 |
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Net Charge Offs | 41 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 50,011 |
Total assets for the leverage ratio | 70,610 |
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Loans secured by real estate: | 1,400 |
Tier 1 Leverage Ratio | 19.12 |
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Commercial and industrial loans | 1,152 |
Off Balance Sheet Exposures (%) | 0 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 48,184 |
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