Call reports 2022
GATE CITY BANK — 2022
What GATE CITY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 3,267,720,000 | 3,252,842,000 | 3,293,018,000 | 3,392,287,000 |
| Total loans | 2,276,993,000 | 2,466,009,000 | 2,613,697,000 | 2,703,504,000 |
| Allowance for loan losses | 16,039,000 | 16,733,000 | 17,273,000 | 17,185,000 |
| Securities available for sale | 454,189,000 | 497,981,000 | 461,705,000 | 439,883,000 |
| Securities held to maturity | 4,711,000 | 4,607,000 | 4,561,000 | 4,515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,911,834,000 | 2,939,078,000 | 2,905,678,000 | 2,914,261,000 |
| Interest-bearing deposits | 2,500,896,000 | 2,506,983,000 | 2,461,878,000 | 2,471,309,000 |
| Noninterest-bearing deposits | 410,938,000 | 432,095,000 | 443,800,000 | 442,952,000 |
| Equity capital | 296,406,000 | 288,153,000 | 280,299,000 | 293,484,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 20,822,000 | 43,873,000 | 69,286,000 | 97,051,000 |
| Interest expense | 1,031,000 | 1,919,000 | 3,444,000 | 6,603,000 |
| Net interest income | 19,791,000 | 41,954,000 | 65,842,000 | 90,448,000 |
| Noninterest income | 14,381,000 | 27,854,000 | 47,038,000 | 61,892,000 |
| Noninterest expense | 29,288,000 | 56,992,000 | 92,287,000 | 121,914,000 |
| Provision for loan losses | 595,000 | 1,859,000 | 2,795,000 | 3,382,000 |
| Pretax income | 4,289,000 | 10,957,000 | 17,798,000 | 27,044,000 |
| Income tax | 1,073,000 | 2,774,000 | 4,187,000 | 6,523,000 |
| Net income | 3,216,000 | 8,183,000 | 13,611,000 | 20,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 313,731,000 | 318,698,000 | 324,126,000 | 331,036,000 |