Call reports 2024
GATEWAY COMMERCIAL BANK — 2024
What GATEWAY COMMERCIAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 198,623,000 | 199,807,000 | 203,530,000 | 208,720,000 |
| Total loans | 117,287,000 | 117,020,000 | 129,756,000 | 132,113,000 |
| Allowance for loan losses | 1,255,000 | 1,255,000 | 1,285,000 | 1,395,000 |
| Securities available for sale | 65,332,000 | 64,430,000 | 60,636,000 | 55,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,609,000 | 160,913,000 | 163,537,000 | 169,249,000 |
| Interest-bearing deposits | 106,877,000 | 107,699,000 | 110,989,000 | 113,992,000 |
| Noninterest-bearing deposits | 54,732,000 | 53,214,000 | 52,548,000 | 55,257,000 |
| Equity capital | 19,957,000 | 20,789,000 | 22,914,000 | 21,160,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,196,000 | 4,532,000 | 7,027,000 | 9,691,000 |
| Interest expense | 919,000 | 1,871,000 | 2,857,000 | 3,846,000 |
| Net interest income | 1,277,000 | 2,661,000 | 4,170,000 | 5,845,000 |
| Noninterest income | 61,000 | 128,000 | 192,000 | 257,000 |
| Noninterest expense | 893,000 | 1,791,000 | 2,684,000 | 3,539,000 |
| Provision for loan losses | 35,000 | 35,000 | 65,000 | 175,000 |
| Pretax income | 410,000 | 837,000 | 1,332,000 | 2,107,000 |
| Income tax | 49,000 | 124,000 | 213,000 | 381,000 |
| Net income | 361,000 | 713,000 | 1,119,000 | 1,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,178,000 | 26,531,000 | 26,936,000 | 26,374,000 |