Call reports 2016
GATE CITY BANK — 2016
What GATE CITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,892,149,000 | 1,875,353,000 | 1,923,151,000 | 1,952,398,000 |
| Total loans | 1,601,221,000 | 1,655,958,000 | 1,695,929,000 | 1,703,307,000 |
| Allowance for loan losses | 9,448,000 | 9,847,000 | 10,135,000 | 10,384,000 |
| Securities available for sale | 109,182,000 | 110,582,000 | 112,604,000 | 112,097,000 |
| Securities held to maturity | 6,740,000 | 6,609,000 | 6,522,000 | 6,438,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,667,649,000 | 1,647,621,000 | 1,690,473,000 | 1,717,842,000 |
| Interest-bearing deposits | 1,490,149,000 | 1,467,566,000 | 1,490,098,000 | 1,516,111,000 |
| Noninterest-bearing deposits | 177,500,000 | 180,055,000 | 200,375,000 | 201,731,000 |
| Equity capital | 211,354,000 | 214,887,000 | 218,215,000 | 219,954,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 14,527,000 | 29,280,000 | 44,430,000 | 59,737,000 |
| Interest expense | 1,071,000 | 2,102,000 | 3,121,000 | 4,124,000 |
| Net interest income | 13,456,000 | 27,178,000 | 41,309,000 | 55,613,000 |
| Noninterest income | 8,673,000 | 17,921,000 | 28,007,000 | 37,862,000 |
| Noninterest expense | 16,880,000 | 33,991,000 | 52,359,000 | 71,356,000 |
| Provision for loan losses | 124,000 | 703,000 | 1,297,000 | 2,012,000 |
| Pretax income | 5,125,000 | 10,405,000 | 15,660,000 | 20,107,000 |
| Income tax | 1,993,000 | 4,043,000 | 5,803,000 | 7,532,000 |
| Net income | 3,132,000 | 6,362,000 | 9,857,000 | 12,575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 211,161,000 | 214,391,000 | 217,886,000 | 220,604,000 |
| Total capital | 220,609,000 | 224,238,000 | 228,021,000 | 230,988,000 |
| Risk-weighted assets | 1,242,732,000 | 1,288,743,000 | 1,324,124,000 | 1,333,078,000 |