Call reports 2020
GIBRALTAR BANK — 2020
What GIBRALTAR 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 | 103,509,000 | 107,314,000 | 108,799,000 | 107,452,000 |
| Total loans | 86,942,000 | 88,594,000 | 89,132,000 | 88,552,000 |
| Allowance for loan losses | 719,000 | 630,000 | 640,000 | 640,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,294,000 | 10,642,000 | 9,314,000 | 9,078,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,620,000 | 82,350,000 | 84,582,000 | 83,958,000 |
| Interest-bearing deposits | 75,120,000 | 76,828,000 | 78,443,000 | 77,852,000 |
| Noninterest-bearing deposits | 4,500,000 | 5,522,000 | 6,139,000 | 6,106,000 |
| Equity capital | 12,693,000 | 12,790,000 | 13,020,000 | 13,316,000 |
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 | 1,046,000 | 2,055,000 | 3,028,000 | 3,943,000 |
| Interest expense | 337,000 | 651,000 | 958,000 | 1,239,000 |
| Net interest income | 709,000 | 1,404,000 | 2,070,000 | 2,704,000 |
| Noninterest income | 252,000 | 540,000 | 997,000 | 1,636,000 |
| Noninterest expense | 836,000 | 1,639,000 | 2,432,000 | 3,293,000 |
| Provision for loan losses | 25,000 | 70,000 | 80,000 | 80,000 |
| Pretax income | 100,000 | 235,000 | 555,000 | 967,000 |
| Income tax | 28,000 | 66,000 | 156,000 | 272,000 |
| Net income | 72,000 | 169,000 | 399,000 | 695,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,725,000 | 11,860,000 | 12,179,000 | 12,591,000 |
| Total capital | 12,444,000 | 12,490,000 | 12,819,000 | 13,231,000 |
| Risk-weighted assets | 61,950,000 | 63,778,000 | 64,029,000 | 55,424,000 |