Call reports 2011
GATEWAY BUSINESS BANK — 2011
What GATEWAY BUSINESS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 187,096,000 | 175,591,000 | 184,573,000 | 201,266,000 |
| Total loans | 99,474,000 | 109,578,000 | 133,034,000 | 143,875,000 |
| Allowance for loan losses | 3,802,000 | 3,665,000 | 4,548,000 | 2,908,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 90,000 | 85,000 | 81,000 | 78,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,030,000 | 148,093,000 | 153,098,000 | 173,339,000 |
| Interest-bearing deposits | 133,739,000 | 127,464,000 | 132,248,000 | 150,596,000 |
| Noninterest-bearing deposits | 20,291,000 | 20,629,000 | 20,850,000 | 22,743,000 |
| Equity capital | 28,297,000 | 23,315,000 | 23,206,000 | 21,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,600,000 | 3,183,000 | 4,850,000 | 6,714,000 |
| Interest expense | 471,000 | 901,000 | 1,284,000 | 1,636,000 |
| Net interest income | 1,129,000 | 2,282,000 | 3,566,000 | 5,078,000 |
| Noninterest income | 6,430,000 | 12,605,000 | 21,071,000 | 28,756,000 |
| Noninterest expense | 9,066,000 | 17,583,000 | 27,439,000 | 39,117,000 |
| Provision for loan losses | 0 | 0 | 0 | -819,000 |
| Pretax income | -1,507,000 | -2,696,000 | -2,802,000 | -4,464,000 |
| Income tax | -634,000 | 3,159,000 | 3,162,000 | 3,164,000 |
| Net income | -873,000 | -5,855,000 | -5,964,000 | -7,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,576,000 | 22,760,000 | 22,680,000 | 21,466,000 |
| Total capital | 25,535,000 | 23,833,000 | 23,860,000 | 22,728,000 |
| Risk-weighted assets | 73,847,000 | 83,132,000 | 90,909,000 | 99,148,000 |