Call reports 2009
GATEWAY BUSINESS BANK — 2009
What GATEWAY BUSINESS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 238,810,000 | 272,145,000 | 238,214,000 | 216,229,000 |
| Total loans | 214,388,000 | 210,800,000 | 155,121,000 | 143,000,000 |
| Allowance for loan losses | 4,285,000 | 4,813,000 | 3,868,000 | 3,427,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 149,000 | 138,000 | 129,000 | 121,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,590,000 | 228,830,000 | 200,610,000 | 181,930,000 |
| Interest-bearing deposits | 169,937,000 | 213,094,000 | 175,406,000 | 162,408,000 |
| Noninterest-bearing deposits | 14,653,000 | 15,736,000 | 25,204,000 | 19,522,000 |
| Equity capital | 31,318,000 | 31,846,000 | 30,735,000 | 28,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,957,000 | 6,249,000 | 8,537,000 | 10,926,000 |
| Interest expense | 1,241,000 | 2,693,000 | 3,901,000 | 4,885,000 |
| Net interest income | 1,716,000 | 3,556,000 | 4,636,000 | 6,041,000 |
| Noninterest income | 8,397,000 | 17,679,000 | 26,412,000 | 33,229,000 |
| Noninterest expense | 8,130,000 | 17,764,000 | 26,565,000 | 36,264,000 |
| Provision for loan losses | 3,625,000 | 4,200,000 | 7,125,000 | 10,525,000 |
| Pretax income | -1,642,000 | -729,000 | -2,642,000 | -7,519,000 |
| Income tax | -691,000 | -307,000 | -1,108,000 | -3,539,000 |
| Net income | -951,000 | -422,000 | -1,534,000 | -3,980,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,559,000 | 30,107,000 | 29,014,000 | 27,480,000 |
| Total capital | 32,114,000 | 32,713,000 | 30,918,000 | 29,204,000 |
| Risk-weighted assets | 202,571,000 | 206,206,000 | 150,359,000 | 136,187,000 |