Call reports 2023
GATEWAY FIRST BANK — 2023
What GATEWAY FIRST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,069,403,000 | 2,077,593,000 | 2,144,259,000 | 2,113,468,000 |
| Total loans | 1,470,959,000 | 1,483,582,000 | 1,515,958,000 | 1,516,090,000 |
| Allowance for loan losses | 13,535,000 | 10,965,000 | 11,355,000 | 17,573,000 |
| Securities available for sale | 109,794,000 | 103,024,000 | 100,707,000 | 89,774,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,021,446,000 | 967,731,000 | 1,204,211,000 | 1,065,432,000 |
| Interest-bearing deposits | 666,916,000 | 579,533,000 | 731,645,000 | 762,487,000 |
| Noninterest-bearing deposits | 354,530,000 | 388,198,000 | 472,566,000 | 302,945,000 |
| Equity capital | 284,075,000 | 285,613,000 | 286,434,000 | 271,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 20,925,000 | 43,799,000 | 69,089,000 | 94,316,000 |
| Interest expense | 9,385,000 | 20,722,000 | 33,062,000 | 45,399,000 |
| Net interest income | 11,540,000 | 23,077,000 | 36,027,000 | 48,917,000 |
| Noninterest income | 22,127,000 | 49,606,000 | 72,865,000 | 90,322,000 |
| Noninterest expense | 34,932,000 | 70,181,000 | 104,243,000 | 150,364,000 |
| Provision for loan losses | -1,215,000 | -3,044,000 | -2,616,000 | 2,559,000 |
| Pretax income | -50,000 | 5,546,000 | 7,265,000 | -13,723,000 |
| Income tax | 4,000 | 1,348,000 | 1,661,000 | -3,093,000 |
| Net income | -54,000 | 4,198,000 | 5,604,000 | -10,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 228,147,000 | 224,806,000 | 224,641,000 | 226,205,000 |
| Total capital | 241,686,000 | 236,500,000 | 236,811,000 | 243,822,000 |
| Risk-weighted assets | 1,648,294,000 | 1,660,337,000 | 1,779,918,000 | 1,805,130,000 |