Call reports 2023
GATEWAY COMMERCIAL BANK — 2023
What GATEWAY COMMERCIAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 205,548,000 | 196,232,000 | 212,195,000 | 196,449,000 |
| Total loans | 105,526,000 | 104,372,000 | 106,016,000 | 110,931,000 |
| Allowance for loan losses | 1,170,000 | 1,170,000 | 1,170,000 | 1,220,000 |
| Securities available for sale | 74,408,000 | 71,538,000 | 66,215,000 | 67,278,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,246,000 | 158,630,000 | 174,355,000 | 158,557,000 |
| Interest-bearing deposits | 105,031,000 | 103,219,000 | 120,627,000 | 105,001,000 |
| Noninterest-bearing deposits | 61,215,000 | 55,411,000 | 53,728,000 | 53,556,000 |
| Equity capital | 19,480,000 | 19,012,000 | 18,570,000 | 19,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,004,000 | 3,996,000 | 6,112,000 | 8,290,000 |
| Interest expense | 483,000 | 1,147,000 | 1,920,000 | 2,746,000 |
| Net interest income | 1,521,000 | 2,849,000 | 4,192,000 | 5,544,000 |
| Noninterest income | 68,000 | 135,000 | 197,000 | 316,000 |
| Noninterest expense | 882,000 | 1,743,000 | 2,602,000 | 3,428,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 707,000 | 1,241,000 | 1,774,000 | 2,369,000 |
| Income tax | 165,000 | 277,000 | 393,000 | 477,000 |
| Net income | 542,000 | 964,000 | 1,381,000 | 1,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,559,000 | 25,980,000 | 26,398,000 | 25,817,000 |