Call reports 2002
GATES BANKING AND TRUST COMPANY — 2002
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 31,342,000 | 30,648,000 | 30,016,000 | 31,962,000 |
| Total loans | 15,622,000 | 16,641,000 | 17,462,000 | 13,918,000 |
| Allowance for loan losses | 249,000 | 252,000 | 267,000 | 282,000 |
| Securities available for sale | 10,617,000 | 10,756,000 | 9,166,000 | 9,302,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,781,000 | 26,982,000 | 25,502,000 | 28,327,000 |
| Interest-bearing deposits | 26,075,000 | 25,059,000 | 23,840,000 | 25,566,000 |
| Noninterest-bearing deposits | 1,706,000 | 1,923,000 | 1,662,000 | 2,761,000 |
| Equity capital | 3,266,000 | 3,391,000 | 3,512,000 | 3,341,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 447,000 | 904,000 | 1,364,000 | 1,782,000 |
| Interest expense | 193,000 | 363,000 | 519,000 | 669,000 |
| Net interest income | 254,000 | 541,000 | 845,000 | 1,113,000 |
| Noninterest income | 26,000 | 64,000 | 89,000 | 126,000 |
| Noninterest expense | 183,000 | 385,000 | 578,000 | 783,000 |
| Provision for loan losses | 5,000 | 20,000 | 35,000 | 50,000 |
| Pretax income | 92,000 | 200,000 | 321,000 | 406,000 |
| Income tax | 26,000 | 59,000 | 95,000 | 115,000 |
| Net income | 66,000 | 141,000 | 226,000 | 291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,214,000 | 3,288,000 | 3,374,000 | 3,214,000 |
| Total capital | 3,432,000 | 3,514,000 | 3,616,000 | 3,426,000 |
| Risk-weighted assets | 17,439,000 | 18,277,000 | 19,334,000 | 16,928,000 |