Call reports 2024
GATEWAY BANK — 2024
What GATEWAY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 261,859,000 | 260,110,000 | 266,236,000 | 274,913,000 |
| Total loans | 202,966,000 | 204,968,000 | 211,676,000 | 219,515,000 |
| Allowance for loan losses | 3,236,000 | 3,236,000 | 3,221,000 | 2,971,000 |
| Securities available for sale | 18,800,000 | 17,384,000 | 16,740,000 | 16,635,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,572,000 | 230,461,000 | 235,580,000 | 241,655,000 |
| Interest-bearing deposits | 174,097,000 | 175,690,000 | 178,225,000 | 188,288,000 |
| Noninterest-bearing deposits | 58,475,000 | 54,771,000 | 57,355,000 | 53,367,000 |
| Equity capital | 26,939,000 | 27,202,000 | 27,999,000 | 29,051,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,561,000 | 7,176,000 | 10,839,000 | 14,631,000 |
| Interest expense | 1,349,000 | 2,672,000 | 4,105,000 | 5,530,000 |
| Net interest income | 2,212,000 | 4,504,000 | 6,734,000 | 9,101,000 |
| Noninterest income | 70,000 | 143,000 | 218,000 | 289,000 |
| Noninterest expense | 1,468,000 | 2,975,000 | 4,438,000 | 5,902,000 |
| Provision for loan losses | 0 | 0 | -15,000 | -266,000 |
| Pretax income | 814,000 | 1,672,000 | 2,514,000 | 3,739,000 |
| Income tax | 96,000 | 180,000 | 263,000 | 359,000 |
| Net income | 718,000 | 1,492,000 | 2,251,000 | 3,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,454,000 | 27,668,000 | 28,146,000 | 29,275,000 |
| Total capital | 29,904,000 | 30,174,000 | 30,749,000 | 31,984,000 |
| Risk-weighted assets | 195,067,000 | 199,681,000 | 207,485,000 | 216,386,000 |