Call reports 2021
GATE CITY BANK — 2021
What GATE CITY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,963,809,000 | 2,985,122,000 | 3,106,225,000 | 3,168,170,000 |
| Total loans | 2,170,422,000 | 2,181,123,000 | 2,192,203,000 | 2,226,113,000 |
| Allowance for loan losses | 15,775,000 | 15,591,000 | 15,810,000 | 15,811,000 |
| Securities available for sale | 132,461,000 | 186,584,000 | 207,915,000 | 301,530,000 |
| Securities held to maturity | 4,904,000 | 4,859,000 | 4,815,000 | 4,770,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,586,528,000 | 2,601,082,000 | 2,721,455,000 | 2,784,797,000 |
| Interest-bearing deposits | 2,211,891,000 | 2,231,399,000 | 2,306,828,000 | 2,369,336,000 |
| Noninterest-bearing deposits | 374,637,000 | 369,683,000 | 414,627,000 | 415,461,000 |
| Equity capital | 297,759,000 | 301,981,000 | 306,336,000 | 308,536,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 20,195,000 | 40,981,000 | 62,880,000 | 84,084,000 |
| Interest expense | 1,475,000 | 2,831,000 | 4,086,000 | 5,245,000 |
| Net interest income | 18,720,000 | 38,150,000 | 58,794,000 | 78,839,000 |
| Noninterest income | 16,773,000 | 31,232,000 | 47,752,000 | 63,556,000 |
| Noninterest expense | 26,416,000 | 54,950,000 | 85,199,000 | 115,556,000 |
| Provision for loan losses | 574,000 | 882,000 | 1,547,000 | 1,881,000 |
| Pretax income | 8,560,000 | 13,607,000 | 20,279,000 | 25,437,000 |
| Income tax | 2,169,000 | 3,425,000 | 5,132,000 | 6,886,000 |
| Net income | 6,391,000 | 10,182,000 | 15,147,000 | 18,551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 298,355,000 | 302,146,000 | 307,111,000 | 310,515,000 |