Call reports 2016
GATEWAY BANK OF FLORIDA — 2016
What GATEWAY BANK OF FLORIDA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 268,465,000 | 290,493,000 | 301,311,000 | 303,534,000 |
| Total loans | 126,060,000 | 143,328,000 | 147,088,000 | 145,263,000 |
| Allowance for loan losses | 1,945,000 | 1,960,000 | 3,004,000 | 2,052,000 |
| Securities available for sale | 99,738,000 | 107,849,000 | 114,019,000 | 112,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,263,000 | 236,070,000 | 245,118,000 | 252,471,000 |
| Interest-bearing deposits | 193,838,000 | 201,336,000 | 209,409,000 | 213,474,000 |
| Noninterest-bearing deposits | 32,425,000 | 34,734,000 | 35,709,000 | 38,997,000 |
| Equity capital | 27,957,000 | 29,152,000 | 29,176,000 | 28,614,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,061,000 | 4,289,000 | 6,657,000 | 9,074,000 |
| Interest expense | 310,000 | 664,000 | 1,040,000 | 1,408,000 |
| Net interest income | 1,751,000 | 3,625,000 | 5,617,000 | 7,666,000 |
| Noninterest income | 24,000 | 83,000 | 145,000 | 230,000 |
| Noninterest expense | 1,362,000 | 2,739,000 | 4,258,000 | 5,690,000 |
| Provision for loan losses | 0 | -84,000 | -84,000 | -934,000 |
| Pretax income | 531,000 | 1,209,000 | 1,824,000 | 3,390,000 |
| Income tax | 129,000 | 298,000 | 454,000 | 960,000 |
| Net income | 402,000 | 911,000 | 1,370,000 | 2,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,649,000 | 27,663,000 | 28,126,000 | 29,188,000 |
| Total capital | 29,594,000 | 29,623,000 | 30,407,000 | 31,240,000 |
| Risk-weighted assets | 160,955,000 | 175,207,000 | 181,740,000 | 188,320,000 |