Call reports 2020
GATEWAY FIRST BANK — 2020
What GATEWAY FIRST 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 | 1,706,335,000 | 1,576,338,000 | 1,627,608,000 | 2,197,983,000 |
| Total loans | 1,148,530,000 | 1,117,718,000 | 1,201,487,000 | 1,728,146,000 |
| Allowance for loan losses | 2,230,000 | 5,690,000 | 5,970,000 | 6,160,000 |
| Securities available for sale | 48,243,000 | 47,010,000 | 44,210,000 | 53,522,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 845,855,000 | 1,008,989,000 | 989,882,000 | 931,187,000 |
| Interest-bearing deposits | 517,950,000 | 602,287,000 | 672,991,000 | 674,188,000 |
| Noninterest-bearing deposits | 327,905,000 | 406,702,000 | 316,891,000 | 256,999,000 |
| Equity capital | 193,049,000 | 225,304,000 | 283,314,000 | 280,482,000 |
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 | 10,001,000 | 19,794,000 | 29,475,000 | 39,534,000 |
| Interest expense | 2,442,000 | 4,958,000 | 7,275,000 | 9,489,000 |
| Net interest income | 7,559,000 | 14,836,000 | 22,200,000 | 30,045,000 |
| Noninterest income | 31,316,000 | 121,726,000 | 240,126,000 | 326,441,000 |
| Noninterest expense | 54,226,000 | 107,597,000 | 156,927,000 | 209,302,000 |
| Provision for loan losses | 1,319,000 | 4,991,000 | 5,269,000 | 5,263,000 |
| Pretax income | -16,670,000 | 24,268,000 | 100,424,000 | 142,215,000 |
| Income tax | -3,944,000 | 5,831,000 | 24,333,000 | 34,316,000 |
| Net income | -12,726,000 | 18,437,000 | 76,091,000 | 107,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 146,536,000 | 183,612,000 | 268,234,000 | 251,560,000 |
| Total capital | 149,256,000 | 189,792,000 | 274,204,000 | 257,720,000 |
| Risk-weighted assets | 885,695,000 | 839,338,000 | 957,942,000 | 1,134,882,000 |