Call reports 2019
GATE CITY BANK — 2019
What GATE CITY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,282,429,000 | 2,303,157,000 | 2,325,779,000 | 2,380,296,000 |
| Total loans | 1,986,315,000 | 2,050,415,000 | 2,077,041,000 | 2,092,998,000 |
| Allowance for loan losses | 11,873,000 | 12,264,000 | 12,758,000 | 13,048,000 |
| Securities available for sale | 96,022,000 | 90,281,000 | 83,649,000 | 79,087,000 |
| Securities held to maturity | 5,401,000 | 5,354,000 | 5,307,000 | 5,264,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,927,092,000 | 1,934,658,000 | 1,959,145,000 | 2,004,821,000 |
| Interest-bearing deposits | 1,689,128,000 | 1,685,117,000 | 1,688,541,000 | 1,752,136,000 |
| Noninterest-bearing deposits | 237,964,000 | 249,541,000 | 270,604,000 | 252,685,000 |
| Equity capital | 251,542,000 | 256,392,000 | 262,466,000 | 267,757,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 19,501,000 | 39,717,000 | 60,710,000 | 81,726,000 |
| Interest expense | 2,359,000 | 4,786,000 | 7,379,000 | 9,922,000 |
| Net interest income | 17,142,000 | 34,931,000 | 53,331,000 | 71,804,000 |
| Noninterest income | 10,876,000 | 22,747,000 | 36,874,000 | 53,141,000 |
| Noninterest expense | 21,909,000 | 44,438,000 | 68,088,000 | 94,737,000 |
| Provision for loan losses | 688,000 | 1,611,000 | 2,614,000 | 3,544,000 |
| Pretax income | 5,704,000 | 11,911,000 | 19,785,000 | 26,946,000 |
| Income tax | 1,453,000 | 3,011,000 | 5,017,000 | 6,926,000 |
| Net income | 4,251,000 | 8,900,000 | 14,768,000 | 20,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 252,093,000 | 256,741,000 | 262,610,000 | 267,862,000 |
| Total capital | 263,966,000 | 269,005,000 | 275,368,000 | 280,910,000 |
| Risk-weighted assets | 1,589,160,000 | 1,648,808,000 | 1,679,726,000 | 1,704,743,000 |