Call reports 2003
GATEWAY STATE BANK — 2003
What GATEWAY STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 65,304,000 | 66,670,000 | 68,898,000 | 69,663,000 |
| Total loans | 47,014,000 | 48,855,000 | 51,105,000 | 51,790,000 |
| Allowance for loan losses | 293,000 | 301,000 | 345,000 | 388,000 |
| Securities available for sale | 12,211,000 | 11,805,000 | 11,565,000 | 12,271,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,836,000 | 52,294,000 | 53,760,000 | 55,458,000 |
| Interest-bearing deposits | 44,920,000 | 43,861,000 | 44,927,000 | 47,533,000 |
| Noninterest-bearing deposits | 6,916,000 | 8,433,000 | 8,833,000 | 7,925,000 |
| Equity capital | 5,984,000 | 6,178,000 | 6,261,000 | 6,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 941,000 | 1,905,000 | 2,887,000 | 3,874,000 |
| Interest expense | 398,000 | 766,000 | 1,118,000 | 1,477,000 |
| Net interest income | 543,000 | 1,139,000 | 1,769,000 | 2,397,000 |
| Noninterest income | 95,000 | 221,000 | 343,000 | 442,000 |
| Noninterest expense | 423,000 | 851,000 | 1,328,000 | 1,830,000 |
| Provision for loan losses | 38,000 | 75,000 | 120,000 | 165,000 |
| Pretax income | 177,000 | 434,000 | 664,000 | 844,000 |
| Income tax | 60,000 | 147,000 | 229,000 | 290,000 |
| Net income | 117,000 | 287,000 | 435,000 | 554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,097,000 | 4,268,000 | 4,415,000 | 4,635,000 |
| Total capital | 4,390,000 | 4,569,000 | 4,760,000 | 5,023,000 |
| Risk-weighted assets | 40,666,000 | 42,631,000 | 44,487,000 | 45,020,000 |