Call reports 2024
GATEWAY BANK — 2024
What GATEWAY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 165,783,000 | 167,519,000 | 174,493,000 | 175,640,000 |
| Total loans | 153,169,000 | 159,632,000 | 167,681,000 | 166,553,000 |
| Allowance for loan losses | 1,876,000 | 1,917,000 | 1,939,000 | 2,044,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 617,000 | 615,000 | 614,000 | 612,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,681,000 | 140,945,000 | 147,412,000 | 150,355,000 |
| Interest-bearing deposits | 126,772,000 | 127,912,000 | 135,048,000 | 138,521,000 |
| Noninterest-bearing deposits | 12,909,000 | 13,033,000 | 12,364,000 | 11,834,000 |
| Equity capital | 15,033,000 | 15,597,000 | 16,136,000 | 16,404,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,028,000 | 6,197,000 | 9,464,000 | 12,895,000 |
| Interest expense | 1,450,000 | 2,920,000 | 4,503,000 | 6,079,000 |
| Net interest income | 1,578,000 | 3,277,000 | 4,961,000 | 6,816,000 |
| Noninterest income | 49,000 | 96,000 | 144,000 | 193,000 |
| Noninterest expense | 1,072,000 | 2,143,000 | 3,246,000 | 4,492,000 |
| Provision for loan losses | 68,000 | 149,000 | 239,000 | 329,000 |
| Pretax income | 487,000 | 1,051,000 | 1,590,000 | 2,158,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 487,000 | 1,051,000 | 1,590,000 | 2,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,033,000 | 15,597,000 | 16,136,000 | 16,404,000 |