Call reports 2008
GATEWAY STATE BANK — 2008
What GATEWAY STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 98,031,000 | 95,574,000 | 99,279,000 | 99,595,000 |
| Total loans | 71,473,000 | 71,076,000 | 70,899,000 | 69,551,000 |
| Allowance for loan losses | 715,000 | 746,000 | 737,000 | 697,000 |
| Securities available for sale | 17,513,000 | 16,356,000 | 17,244,000 | 18,142,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,784,000 | 74,529,000 | 79,015,000 | 78,095,000 |
| Interest-bearing deposits | 71,141,000 | 65,548,000 | 70,800,000 | 69,683,000 |
| Noninterest-bearing deposits | 8,643,000 | 8,981,000 | 8,215,000 | 8,412,000 |
| Equity capital | 9,158,000 | 9,047,000 | 9,138,000 | 9,434,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,532,000 | 3,008,000 | 4,434,000 | 5,848,000 |
| Interest expense | 820,000 | 1,541,000 | 2,201,000 | 2,874,000 |
| Net interest income | 712,000 | 1,467,000 | 2,233,000 | 2,974,000 |
| Noninterest income | 111,000 | 240,000 | 359,000 | 483,000 |
| Noninterest expense | 659,000 | 1,337,000 | 2,122,000 | 2,910,000 |
| Provision for loan losses | 27,000 | 54,000 | 76,000 | 103,000 |
| Pretax income | 137,000 | 316,000 | 394,000 | 444,000 |
| Income tax | 40,000 | 96,000 | 115,000 | 122,000 |
| Net income | 97,000 | 220,000 | 279,000 | 322,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,054,000 | 7,177,000 | 7,236,000 | 7,279,000 |
| Total capital | 7,769,000 | 7,923,000 | 7,973,000 | 7,976,000 |
| Risk-weighted assets | 65,599,000 | 68,328,000 | 66,917,000 | 67,916,000 |