Call reports 2021
GATEWAY BANK — 2021
What GATEWAY 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 | 88,262,000 | 91,652,000 | 100,531,000 | 108,238,000 |
| Total loans | 73,677,000 | 78,996,000 | 83,679,000 | 88,876,000 |
| Allowance for loan losses | 1,175,000 | 1,202,000 | 1,215,000 | 1,367,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,395,000 | 1,395,000 | 1,395,000 | 1,491,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,235,000 | 77,594,000 | 88,303,000 | 94,165,000 |
| Interest-bearing deposits | 62,399,000 | 63,585,000 | 72,588,000 | 78,512,000 |
| Noninterest-bearing deposits | 13,836,000 | 14,009,000 | 15,715,000 | 15,653,000 |
| Equity capital | 9,891,000 | 9,855,000 | 10,121,000 | 9,976,000 |
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 | 1,110,000 | 2,237,000 | 3,446,000 | 4,775,000 |
| Interest expense | 121,000 | 217,000 | 322,000 | 426,000 |
| Net interest income | 989,000 | 2,020,000 | 3,124,000 | 4,349,000 |
| Noninterest income | 37,000 | 64,000 | 95,000 | 125,000 |
| Noninterest expense | 617,000 | 1,284,000 | 1,939,000 | 2,662,000 |
| Provision for loan losses | 53,000 | 80,000 | 144,000 | 287,000 |
| Pretax income | 356,000 | 720,000 | 1,136,000 | 1,525,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 356,000 | 720,000 | 1,136,000 | 1,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,891,000 | 9,855,000 | 10,121,000 | 9,976,000 |