Call reports 2003
GATEWAY BUSINESS BANK — 2003
What GATEWAY BUSINESS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 150,137,000 | 190,891,000 | 130,918,000 | 128,086,000 |
| Total loans | 130,283,000 | 173,983,000 | 95,787,000 | 107,915,000 |
| Allowance for loan losses | 871,000 | 745,000 | 896,000 | 1,094,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,317,000 | 1,078,000 | 847,000 | 713,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,789,000 | 80,164,000 | 101,640,000 | 85,336,000 |
| Interest-bearing deposits | 80,676,000 | 69,786,000 | 60,875,000 | 56,596,000 |
| Noninterest-bearing deposits | 9,113,000 | 10,378,000 | 40,765,000 | 28,740,000 |
| Equity capital | 21,394,000 | 21,844,000 | 23,129,000 | 23,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,958,000 | 4,398,000 | 6,770,000 | 8,416,000 |
| Interest expense | 655,000 | 1,430,000 | 2,079,000 | 2,390,000 |
| Net interest income | 1,303,000 | 2,968,000 | 4,691,000 | 6,026,000 |
| Noninterest income | 10,217,000 | 21,161,000 | 32,897,000 | 42,599,000 |
| Noninterest expense | 9,807,000 | 21,455,000 | 32,560,000 | 42,602,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 650,000 |
| Pretax income | 1,563,000 | 2,374,000 | 4,578,000 | 5,373,000 |
| Income tax | 645,000 | 1,006,000 | 1,925,000 | 2,181,000 |
| Net income | 918,000 | 1,368,000 | 2,653,000 | 3,192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,594,000 | 20,190,000 | 21,560,000 | 21,105,000 |
| Total capital | 20,465,000 | 20,935,000 | 22,456,000 | 22,199,000 |
| Risk-weighted assets | 116,114,000 | 144,480,000 | 109,815,000 | 128,161,000 |