Call reports 2008
AMERICAN GATEWAY BANK — 2008
What AMERICAN GATEWAY 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 | 396,303,000 | 397,349,000 | 401,765,000 | 412,578,000 |
| Total loans | 274,423,000 | 278,700,000 | 291,711,000 | 295,669,000 |
| Allowance for loan losses | 2,452,000 | 2,663,000 | 2,774,000 | 2,675,000 |
| Securities available for sale | 94,784,000 | 91,512,000 | 81,589,000 | 83,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,216,000 | 258,645,000 | 252,104,000 | 280,697,000 |
| Interest-bearing deposits | 212,518,000 | 194,921,000 | 196,196,000 | 221,429,000 |
| Noninterest-bearing deposits | 60,698,000 | 63,724,000 | 55,908,000 | 59,268,000 |
| Equity capital | 31,907,000 | 31,686,000 | 31,262,000 | 30,183,000 |
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 | 6,440,000 | 12,522,000 | 18,617,000 | 24,428,000 |
| Interest expense | 2,650,000 | 4,743,000 | 6,815,000 | 8,733,000 |
| Net interest income | 3,790,000 | 7,779,000 | 11,802,000 | 15,695,000 |
| Noninterest income | 908,000 | 1,694,000 | 2,483,000 | 2,509,000 |
| Noninterest expense | 3,019,000 | 6,087,000 | 9,120,000 | 12,217,000 |
| Provision for loan losses | 195,000 | 390,000 | 585,000 | 1,424,000 |
| Pretax income | 1,484,000 | 3,094,000 | 4,724,000 | 4,707,000 |
| Income tax | 297,000 | 626,000 | 993,000 | 835,000 |
| Net income | 1,187,000 | 2,468,000 | 3,731,000 | 3,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,365,000 | 32,511,000 | 33,639,000 | 33,510,000 |
| Total capital | 33,817,000 | 35,174,000 | 36,413,000 | 36,185,000 |
| Risk-weighted assets | 292,969,000 | 301,402,000 | 310,773,000 | 318,554,000 |