Call reports 2020
GATEWAY COMMERCIAL BANK — 2020
What GATEWAY COMMERCIAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 141,833,000 | 163,992,000 | 173,654,000 | 182,236,000 |
| Total loans | 75,875,000 | 99,279,000 | 101,545,000 | 83,932,000 |
| Allowance for loan losses | 762,000 | 829,000 | 925,000 | 1,005,000 |
| Securities available for sale | 39,766,000 | 38,644,000 | 45,054,000 | 54,329,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,887,000 | 133,170,000 | 142,523,000 | 150,818,000 |
| Interest-bearing deposits | 71,472,000 | 80,706,000 | 88,218,000 | 97,904,000 |
| Noninterest-bearing deposits | 42,415,000 | 52,464,000 | 54,305,000 | 52,914,000 |
| Equity capital | 17,496,000 | 18,132,000 | 18,572,000 | 18,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,416,000 | 2,851,000 | 4,329,000 | 6,181,000 |
| Interest expense | 268,000 | 529,000 | 762,000 | 986,000 |
| Net interest income | 1,148,000 | 2,322,000 | 3,567,000 | 5,195,000 |
| Noninterest income | 70,000 | 111,000 | 152,000 | 195,000 |
| Noninterest expense | 637,000 | 1,311,000 | 1,965,000 | 2,636,000 |
| Provision for loan losses | 0 | 60,000 | 150,000 | 225,000 |
| Pretax income | 574,000 | 1,055,000 | 1,597,000 | 2,527,000 |
| Income tax | 127,000 | 230,000 | 349,000 | 577,000 |
| Net income | 447,000 | 825,000 | 1,248,000 | 1,950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,302,000 | 17,727,000 | 18,150,000 | 17,874,000 |