Call reports 2006
GATEWAY BANK OF FLORIDA — 2006
What GATEWAY BANK OF FLORIDA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 43,862,000 | 51,021,000 | 67,723,000 | 108,131,000 |
| Total loans | 5,282,000 | 19,791,000 | 38,126,000 | 60,635,000 |
| Allowance for loan losses | 74,000 | 290,000 | 566,000 | 881,000 |
| Securities available for sale | 9,550,000 | 8,935,000 | 12,738,000 | 12,343,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,164,000 | 36,460,000 | 52,866,000 | 93,110,000 |
| Interest-bearing deposits | 10,158,000 | 16,477,000 | 30,017,000 | 75,706,000 |
| Noninterest-bearing deposits | 19,006,000 | 19,983,000 | 22,849,000 | 17,404,000 |
| Equity capital | 14,687,000 | 14,505,000 | 14,612,000 | 14,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 358,000 | 1,072,000 | 2,096,000 | 3,547,000 |
| Interest expense | 39,000 | 161,000 | 437,000 | 995,000 |
| Net interest income | 319,000 | 911,000 | 1,659,000 | 2,552,000 |
| Noninterest income | 0 | 3,000 | 6,000 | 27,000 |
| Noninterest expense | 1,040,000 | 1,547,000 | 2,159,000 | 2,771,000 |
| Provision for loan losses | 74,000 | 290,000 | 566,000 | 881,000 |
| Pretax income | -795,000 | -923,000 | -1,060,000 | -1,073,000 |
| Income tax | -276,000 | -347,000 | -399,000 | -402,000 |
| Net income | -519,000 | -576,000 | -661,000 | -671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,781,000 | 14,724,000 | 14,639,000 | 14,631,000 |
| Total capital | 14,855,000 | 15,014,000 | 15,205,000 | 15,512,000 |
| Risk-weighted assets | 12,578,000 | 25,490,000 | 45,477,000 | 72,994,000 |