Call reports 2018
BLUE GATE BANK — 2018
What BLUE GATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 |
|---|---|---|
| Total assets | 129,936,000 | 121,841,000 |
| Total loans | 92,746,000 | 78,663,000 |
| Allowance for loan losses | 1,040,000 | 983,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 105,614,000 | 98,749,000 |
| Interest-bearing deposits | 66,665,000 | 59,569,000 |
| Noninterest-bearing deposits | 38,949,000 | 39,180,000 |
| Equity capital | 23,443,000 | 22,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 |
|---|---|---|
| Interest income | 1,148,000 | 2,162,000 |
| Interest expense | 254,000 | 491,000 |
| Net interest income | 894,000 | 1,671,000 |
| Noninterest income | 12,000 | 29,000 |
| Noninterest expense | 1,958,000 | 3,652,000 |
| Provision for loan losses | 324,000 | 267,000 |
| Pretax income | -1,376,000 | -2,219,000 |
| Income tax | 0 | 1,000 |
| Net income | -1,376,000 | -2,220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 |
|---|---|---|
| Tier 1 capital | 23,443,000 | 22,611,000 |
| Total capital | 24,456,000 | 23,574,000 |
| Risk-weighted assets | 80,991,000 | 76,990,000 |