Call reports 2008
GATEWAY BANK — 2008
What 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 | 60,572,000 | 67,357,000 | 74,255,000 | 78,453,000 |
| Total loans | 52,819,000 | 57,486,000 | 64,342,000 | 66,694,000 |
| Allowance for loan losses | 594,000 | 653,000 | 800,000 | 659,000 |
| Securities available for sale | 3,577,000 | 3,332,000 | 4,127,000 | 4,463,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,156,000 | 51,548,000 | 55,164,000 | 56,857,000 |
| Interest-bearing deposits | 37,241,000 | 40,406,000 | 43,852,000 | 46,566,000 |
| Noninterest-bearing deposits | 8,915,000 | 11,142,000 | 11,312,000 | 10,291,000 |
| Equity capital | 6,450,000 | 6,369,000 | 6,676,000 | 7,197,000 |
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 | 1,026,000 | 2,003,000 | 3,069,000 | 4,113,000 |
| Interest expense | 398,000 | 781,000 | 1,175,000 | 1,585,000 |
| Net interest income | 628,000 | 1,222,000 | 1,894,000 | 2,528,000 |
| Noninterest income | 33,000 | 69,000 | 107,000 | 146,000 |
| Noninterest expense | 478,000 | 991,000 | 1,541,000 | 2,034,000 |
| Provision for loan losses | 37,000 | 96,000 | 243,000 | 361,000 |
| Pretax income | 146,000 | 204,000 | 217,000 | 279,000 |
| Income tax | 90,000 | 90,000 | 90,000 | 92,000 |
| Net income | 56,000 | 114,000 | 127,000 | 187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,425,000 | 6,370,000 | 6,682,000 | 7,143,000 |
| Total capital | 7,019,000 | 7,023,000 | 7,482,000 | 7,802,000 |
| Risk-weighted assets | 56,877,000 | 61,654,000 | 67,692,000 | 70,930,000 |