Call reports 2008
GATEWAY COMMUNITY BANK — 2008
What GATEWAY COMMUNITY 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 | 58,553,000 | 59,881,000 | 64,384,000 | 66,930,000 |
| Total loans | 43,160,000 | 45,362,000 | 46,135,000 | 48,249,000 |
| Allowance for loan losses | 670,000 | 613,000 | 607,000 | 602,000 |
| Securities available for sale | 12,890,000 | 11,963,000 | 14,195,000 | 16,236,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,505,000 | 53,048,000 | 57,397,000 | 59,338,000 |
| Interest-bearing deposits | 45,987,000 | 48,071,000 | 51,838,000 | 54,859,000 |
| Noninterest-bearing deposits | 5,518,000 | 4,977,000 | 5,559,000 | 4,479,000 |
| Equity capital | 6,847,000 | 6,671,000 | 6,765,000 | 7,084,000 |
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 | 942,000 | 1,857,000 | 2,775,000 | 3,759,000 |
| Interest expense | 442,000 | 809,000 | 1,191,000 | 1,595,000 |
| Net interest income | 500,000 | 1,048,000 | 1,584,000 | 2,164,000 |
| Noninterest income | 30,000 | 65,000 | 94,000 | 115,000 |
| Noninterest expense | 479,000 | 973,000 | 1,452,000 | 2,007,000 |
| Provision for loan losses | 15,000 | 50,000 | 80,000 | 120,000 |
| Pretax income | 46,000 | 107,000 | 165,000 | 171,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 46,000 | 107,000 | 165,000 | 171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,576,000 | 6,637,000 | 6,696,000 | 6,703,000 |
| Total capital | 7,154,000 | 7,245,000 | 7,303,000 | 7,305,000 |
| Risk-weighted assets | 46,081,000 | 47,907,000 | 52,043,000 | 53,804,000 |