Genoa Community Bank, Financial Information

About Genoa Community Bank

 Address:
Willard Avenue And Oak Street
Genoa, NE
Nance County, Nebraska
 Established:
Jan 1903
 Number of domestic offices:
1
Agriculture bank
Total assets$64M
Net income$1M
Net income, quarterly$0M
Total deposits$55M
Domestic deposits$55M
Equity capital$8M
ROA0.86%
ROAQ, quarterly0.86%
ROA, pretax0.86%
ROAQ, quarterly, pretax0.86%
ROE7.19%
ROEQ, quarterly7.23%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Genoa Community Bank was first organized as a State Bank by a Genoa resident, L. G. Stocks. In 1903, it was moved into the National Bank building and changed to a national bank. In 1939 the Genoa National Bank and First National Bank of Genoa merged and opened for business in the First National Bank building under the name of “The Genoa National Bank”. The bank then changed back to a State Bank in June of 2011 under the name of Genoa Community Bank.

The Genoa Community Bank is a locally owned community bank providing friendly and personal service to individuals and businesses in Genoa, Nebraska and the surrounding communities. Over the years, the Bank has had to weather many different dramatic periods in our history. This Bank has seen two world wars, the boom of the 1920’s, the bust of the 1930’s, the high interest rates of the late 1970’s and early 1980’s, the farm crisis of the 1980’s and now the war on terrorism and economic problems. Through it all, the Bank has stayed well-capitalized and continues to provide a strong service to its local community.

Hours of Operation
Lobby:
Monday – Thursday 9:00 – 3:00
Friday 9:00 – 5:00
Saturday 9:00 – 11:00

Drive Thru:
Monday – Thursday 7:30 – 4:30
Friday 7:30 – 6:00
Saturday 7:30 – 11:30