Call reports 2013
GATE CITY BANK — 2013
What GATE CITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,591,660,000 | 1,595,431,000 | 1,615,526,000 | 1,670,951,000 |
| Total loans | 1,174,460,000 | 1,212,273,000 | 1,251,134,000 | 1,310,017,000 |
| Allowance for loan losses | 7,781,000 | 8,164,000 | 8,414,000 | 8,466,000 |
| Securities available for sale | 129,708,000 | 127,571,000 | 126,960,000 | 122,459,000 |
| Securities held to maturity | 3,462,000 | 3,380,000 | 3,321,000 | 2,997,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,400,762,000 | 1,403,260,000 | 1,420,585,000 | 1,472,220,000 |
| Interest-bearing deposits | 1,272,200,000 | 1,270,636,000 | 1,269,576,000 | 1,322,521,000 |
| Noninterest-bearing deposits | 128,562,000 | 132,624,000 | 151,009,000 | 149,699,000 |
| Equity capital | 175,568,000 | 177,987,000 | 180,994,000 | 183,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 12,413,000 | 24,670,000 | 37,008,000 | 49,766,000 |
| Interest expense | 1,766,000 | 3,487,000 | 5,184,000 | 6,787,000 |
| Net interest income | 10,647,000 | 21,183,000 | 31,824,000 | 42,979,000 |
| Noninterest income | 7,365,000 | 15,213,000 | 23,035,000 | 29,924,000 |
| Noninterest expense | 12,272,000 | 25,111,000 | 38,868,000 | 56,031,000 |
| Provision for loan losses | 0 | 547,000 | 859,000 | 1,110,000 |
| Pretax income | 5,740,000 | 10,738,000 | 15,132,000 | 15,762,000 |
| Income tax | 2,234,000 | 4,114,000 | 5,356,000 | 3,997,000 |
| Net income | 3,506,000 | 6,624,000 | 9,776,000 | 11,765,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 175,117,000 | 178,235,000 | 181,387,000 | 183,376,000 |
| Total capital | 182,898,000 | 186,399,000 | 189,801,000 | 191,842,000 |
| Risk-weighted assets | 939,087,000 | 974,727,000 | 1,007,736,000 | 1,048,905,000 |