Call reports 2017
GATE CITY BANK — 2017
What GATE CITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,981,807,000 | 2,015,392,000 | 2,071,777,000 | 2,064,412,000 |
| Total loans | 1,722,597,000 | 1,800,222,000 | 1,849,763,000 | 1,824,402,000 |
| Allowance for loan losses | 10,722,000 | 10,848,000 | 10,973,000 | 10,978,000 |
| Securities available for sale | 111,394,000 | 110,953,000 | 112,503,000 | 112,392,000 |
| Securities held to maturity | 6,277,000 | 6,186,000 | 6,100,000 | 5,802,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,746,668,000 | 1,746,365,000 | 1,736,780,000 | 1,754,787,000 |
| Interest-bearing deposits | 1,558,467,000 | 1,543,820,000 | 1,518,949,000 | 1,543,867,000 |
| Noninterest-bearing deposits | 188,201,000 | 202,545,000 | 217,831,000 | 210,920,000 |
| Equity capital | 222,201,000 | 225,482,000 | 228,932,000 | 233,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 15,148,000 | 30,789,000 | 47,291,000 | 64,389,000 |
| Interest expense | 935,000 | 1,876,000 | 3,082,000 | 4,513,000 |
| Net interest income | 14,213,000 | 28,913,000 | 44,209,000 | 59,876,000 |
| Noninterest income | 8,462,000 | 17,987,000 | 28,406,000 | 38,930,000 |
| Noninterest expense | 18,588,000 | 37,232,000 | 56,899,000 | 76,326,000 |
| Provision for loan losses | 541,000 | 1,041,000 | 1,513,000 | 1,938,000 |
| Pretax income | 3,546,000 | 8,627,000 | 14,203,000 | 20,536,000 |
| Income tax | 1,387,000 | 3,371,000 | 5,494,000 | 6,971,000 |
| Net income | 2,159,000 | 5,256,000 | 8,709,000 | 13,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 222,763,000 | 225,860,000 | 229,313,000 | 234,169,000 |
| Total capital | 233,485,000 | 236,708,000 | 240,286,000 | 245,147,000 |
| Risk-weighted assets | 1,348,221,000 | 1,408,642,000 | 1,451,893,000 | 1,456,032,000 |