Call reports 2003
GATES BANKING AND TRUST COMPANY — 2003
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 31,224,000 | 30,710,000 | 30,135,000 | 32,274,000 |
| Total loans | 13,919,000 | 14,388,000 | 14,685,000 | 11,149,000 |
| Allowance for loan losses | 297,000 | 309,000 | 308,000 | 309,000 |
| Securities available for sale | 10,269,000 | 13,283,000 | 10,300,000 | 12,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,511,000 | 26,735,000 | 26,371,000 | 28,668,000 |
| Interest-bearing deposits | 24,843,000 | 24,695,000 | 24,049,000 | 25,860,000 |
| Noninterest-bearing deposits | 2,668,000 | 2,040,000 | 2,322,000 | 2,808,000 |
| Equity capital | 3,411,000 | 3,475,000 | 3,461,000 | 3,308,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 380,000 | 762,000 | 1,118,000 | 1,467,000 |
| Interest expense | 140,000 | 278,000 | 396,000 | 513,000 |
| Net interest income | 240,000 | 484,000 | 722,000 | 954,000 |
| Noninterest income | 38,000 | 69,000 | 102,000 | 136,000 |
| Noninterest expense | 196,000 | 384,000 | 555,000 | 741,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 45,000 |
| Pretax income | 67,000 | 139,000 | 226,000 | 306,000 |
| Income tax | 15,000 | 32,000 | 51,000 | 70,000 |
| Net income | 52,000 | 107,000 | 175,000 | 236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,266,000 | 3,321,000 | 3,389,000 | 3,225,000 |
| Total capital | 3,476,000 | 3,539,000 | 3,611,000 | 3,424,000 |
| Risk-weighted assets | 16,736,000 | 17,333,000 | 17,647,000 | 15,790,000 |