Call reports 2024
GATEWAY BANK, F.S.B. — 2024
What GATEWAY BANK, F.S.B. 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 | 220,664,000 | 221,658,000 | 249,593,000 | 256,131,000 |
| Total loans | 144,430,000 | 172,354,000 | 166,857,000 | 189,827,000 |
| Allowance for loan losses | 1,609,000 | 1,924,000 | 1,876,000 | 2,467,000 |
| Securities available for sale | 32,774,000 | 35,194,000 | 35,726,000 | 35,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,603,000 | 193,524,000 | 221,431,000 | 228,680,000 |
| Interest-bearing deposits | 176,266,000 | 185,318,000 | 214,340,000 | 222,411,000 |
| Noninterest-bearing deposits | 15,337,000 | 8,206,000 | 7,091,000 | 6,269,000 |
| Equity capital | 27,187,000 | 26,481,000 | 26,471,000 | 24,656,000 |
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 | 2,724,000 | 5,634,000 | 8,802,000 | 12,214,000 |
| Interest expense | 1,723,000 | 3,650,000 | 5,841,000 | 8,142,000 |
| Net interest income | 1,001,000 | 1,984,000 | 2,961,000 | 4,072,000 |
| Noninterest income | 58,000 | 107,000 | 117,000 | 172,000 |
| Noninterest expense | 1,668,000 | 3,355,000 | 5,346,000 | 7,511,000 |
| Provision for loan losses | -42,000 | 273,000 | 224,000 | 816,000 |
| Pretax income | -587,000 | -1,564,000 | -2,521,000 | -4,113,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -587,000 | -1,564,000 | -2,521,000 | -4,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,147,000 | 31,169,000 | 30,212,000 | 28,621,000 |