Call reports 2007
GATEWAY BUSINESS BANK — 2007
What GATEWAY BUSINESS 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 | 182,314,000 | 214,126,000 | 175,703,000 | 171,611,000 |
| Total loans | 159,579,000 | 184,328,000 | 163,422,000 | 158,326,000 |
| Allowance for loan losses | 1,868,000 | 2,374,000 | 2,339,000 | 3,069,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 410,000 | 399,000 | 390,000 | 383,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,877,000 | 140,083,000 | 118,202,000 | 121,677,000 |
| Interest-bearing deposits | 102,995,000 | 115,677,000 | 104,511,000 | 107,586,000 |
| Noninterest-bearing deposits | 21,882,000 | 24,406,000 | 13,691,000 | 14,091,000 |
| Equity capital | 31,296,000 | 33,145,000 | 32,711,000 | 32,588,000 |
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 | 3,580,000 | 7,501,000 | 11,233,000 | 14,912,000 |
| Interest expense | 1,366,000 | 3,110,000 | 4,565,000 | 6,019,000 |
| Net interest income | 2,214,000 | 4,391,000 | 6,668,000 | 8,893,000 |
| Noninterest income | 6,541,000 | 17,457,000 | 22,310,000 | 27,659,000 |
| Noninterest expense | 8,705,000 | 18,102,000 | 25,993,000 | 33,045,000 |
| Provision for loan losses | 0 | 500,000 | 500,000 | 1,400,000 |
| Pretax income | 50,000 | 3,246,000 | 2,485,000 | 2,107,000 |
| Income tax | 16,000 | 1,363,000 | 1,036,000 | 781,000 |
| Net income | 34,000 | 1,883,000 | 1,449,000 | 1,326,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,410,000 | 31,407,000 | 30,840,000 | 30,852,000 |
| Total capital | 31,344,000 | 33,847,000 | 33,060,000 | 33,105,000 |
| Risk-weighted assets | 203,266,000 | 211,028,000 | 177,433,000 | 179,462,000 |