Call reports 2007
GATEWAY BANK — 2007
What GATEWAY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 54,085,000 | 58,270,000 | 59,473,000 | 60,260,000 |
| Total loans | 44,942,000 | 45,547,000 | 47,873,000 | 49,418,000 |
| Allowance for loan losses | 464,000 | 476,000 | 499,000 | 557,000 |
| Securities available for sale | 3,916,000 | 4,185,000 | 4,601,000 | 4,874,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,105,000 | 51,599,000 | 52,559,000 | 48,701,000 |
| Interest-bearing deposits | 39,339,000 | 42,666,000 | 42,543,000 | 39,682,000 |
| Noninterest-bearing deposits | 8,766,000 | 8,933,000 | 10,016,000 | 9,019,000 |
| Equity capital | 5,451,000 | 6,072,000 | 6,263,000 | 6,382,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,024,000 | 2,127,000 | 3,355,000 | 4,482,000 |
| Interest expense | 423,000 | 866,000 | 1,332,000 | 1,762,000 |
| Net interest income | 601,000 | 1,261,000 | 2,023,000 | 2,720,000 |
| Noninterest income | 19,000 | 47,000 | 76,000 | 105,000 |
| Noninterest expense | 419,000 | 880,000 | 1,339,000 | 1,813,000 |
| Provision for loan losses | 32,000 | 44,000 | 67,000 | 125,000 |
| Pretax income | 169,000 | 384,000 | 693,000 | 887,000 |
| Income tax | 70,000 | 160,000 | 289,000 | 370,000 |
| Net income | 99,000 | 224,000 | 404,000 | 517,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,427,000 | 6,052,000 | 6,233,000 | 6,345,000 |
| Total capital | 5,891,000 | 6,528,000 | 6,732,000 | 6,902,000 |
| Risk-weighted assets | 49,076,000 | 50,332,000 | 52,817,000 | 54,360,000 |