Call reports 2024
GATEWAY FIRST BANK — 2024
What GATEWAY FIRST 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 | 2,153,059,000 | 1,996,973,000 | 1,921,277,000 | 1,894,749,000 |
| Total loans | 1,526,606,000 | 1,428,102,000 | 1,397,442,000 | 1,427,738,000 |
| Allowance for loan losses | 16,640,000 | 16,515,000 | 16,266,000 | 16,155,000 |
| Securities available for sale | 99,467,000 | 98,292,000 | 88,510,000 | 105,892,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,176,813,000 | 1,199,764,000 | 1,189,972,000 | 1,078,713,000 |
| Interest-bearing deposits | 762,333,000 | 751,313,000 | 794,684,000 | 807,297,000 |
| Noninterest-bearing deposits | 414,480,000 | 448,451,000 | 395,288,000 | 271,416,000 |
| Equity capital | 276,211,000 | 256,760,000 | 259,189,000 | 258,528,000 |
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 | 24,836,000 | 51,221,000 | 77,244,000 | 102,570,000 |
| Interest expense | 12,422,000 | 24,948,000 | 37,041,000 | 48,818,000 |
| Net interest income | 12,414,000 | 26,273,000 | 40,203,000 | 53,752,000 |
| Noninterest income | 21,468,000 | 57,017,000 | 74,591,000 | 93,630,000 |
| Noninterest expense | 30,996,000 | 66,090,000 | 96,728,000 | 126,133,000 |
| Provision for loan losses | -931,000 | 181,000 | 95,000 | 107,000 |
| Pretax income | 3,824,000 | 17,276,000 | 18,119,000 | 21,420,000 |
| Income tax | -424,000 | 2,783,000 | 2,977,000 | 4,776,000 |
| Net income | 4,248,000 | 14,493,000 | 15,142,000 | 16,644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 231,709,000 | 232,421,000 | 230,249,000 | 243,560,000 |
| Total capital | 248,387,000 | 249,960,000 | 247,648,000 | 260,717,000 |
| Risk-weighted assets | 1,826,377,000 | 1,747,767,000 | 1,743,422,000 | 1,753,223,000 |