Call reports 2018
GATE CITY BANK — 2018
What GATE CITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,106,130,000 | 2,165,851,000 | 2,215,754,000 | 2,231,157,000 |
| Total loans | 1,864,284,000 | 1,934,049,000 | 1,982,482,000 | 1,983,843,000 |
| Allowance for loan losses | 10,982,000 | 11,161,000 | 11,627,000 | 11,671,000 |
| Securities available for sale | 114,405,000 | 115,214,000 | 115,830,000 | 112,679,000 |
| Securities held to maturity | 5,671,000 | 5,618,000 | 5,566,000 | 5,519,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,798,247,000 | 1,791,460,000 | 1,852,420,000 | 1,875,907,000 |
| Interest-bearing deposits | 1,585,006,000 | 1,570,095,000 | 1,611,714,000 | 1,643,511,000 |
| Noninterest-bearing deposits | 213,241,000 | 221,365,000 | 240,706,000 | 232,396,000 |
| Equity capital | 235,091,000 | 238,161,000 | 241,554,000 | 246,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 16,517,000 | 33,982,000 | 52,369,000 | 71,528,000 |
| Interest expense | 1,240,000 | 2,867,000 | 4,863,000 | 7,131,000 |
| Net interest income | 15,277,000 | 31,115,000 | 47,506,000 | 64,397,000 |
| Noninterest income | 9,581,000 | 19,242,000 | 30,582,000 | 42,409,000 |
| Noninterest expense | 21,328,000 | 41,809,000 | 63,566,000 | 86,845,000 |
| Provision for loan losses | 293,000 | 911,000 | 1,917,000 | 2,632,000 |
| Pretax income | 3,237,000 | 7,637,000 | 12,605,000 | 17,329,000 |
| Income tax | 828,000 | 1,953,000 | 3,225,000 | 3,855,000 |
| Net income | 2,409,000 | 5,684,000 | 9,380,000 | 13,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 236,777,000 | 240,052,000 | 243,748,000 | 247,842,000 |
| Total capital | 247,759,000 | 251,213,000 | 255,375,000 | 259,513,000 |
| Risk-weighted assets | 1,492,566,000 | 1,551,649,000 | 1,595,553,000 | 1,584,472,000 |