Call reports 2020
GATEWAY BANK — 2020
What GATEWAY 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 | 79,092,000 | 84,238,000 | 84,113,000 | 90,063,000 |
| Total loans | 68,416,000 | 71,506,000 | 71,546,000 | 74,123,000 |
| Allowance for loan losses | 843,000 | 1,049,000 | 1,105,000 | 1,122,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,197,000 | 2,432,000 | 2,432,000 | 1,910,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,455,000 | 71,546,000 | 71,724,000 | 77,406,000 |
| Interest-bearing deposits | 59,683,000 | 59,706,000 | 60,000,000 | 61,456,000 |
| Noninterest-bearing deposits | 7,772,000 | 11,840,000 | 11,724,000 | 15,950,000 |
| Equity capital | 9,007,000 | 9,003,000 | 9,255,000 | 9,535,000 |
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 | 1,005,000 | 2,159,000 | 3,293,000 | 4,388,000 |
| Interest expense | 259,000 | 495,000 | 704,000 | 862,000 |
| Net interest income | 746,000 | 1,664,000 | 2,589,000 | 3,526,000 |
| Noninterest income | 73,000 | 40,000 | 70,000 | 128,000 |
| Noninterest expense | 527,000 | 1,061,000 | 1,661,000 | 2,309,000 |
| Provision for loan losses | 45,000 | 300,000 | 353,000 | 370,000 |
| Pretax income | 247,000 | 343,000 | 645,000 | 975,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 247,000 | 343,000 | 645,000 | 975,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,996,000 | 8,998,000 | 9,255,000 | 9,535,000 |