Call reports 2006
GATES BANKING AND TRUST COMPANY — 2006
What GATES BANKING AND TRUST COMPANY 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 | 30,562,000 | 30,191,000 | 29,790,000 | 32,979,000 |
| Total loans | 13,426,000 | 12,906,000 | 15,180,000 | 13,103,000 |
| Allowance for loan losses | 302,000 | 302,000 | 302,000 | 352,000 |
| Securities available for sale | 12,546,000 | 11,668,000 | 11,234,000 | 11,018,000 |
| Securities held to maturity | 191,000 | 191,000 | 190,000 | 190,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,564,000 | 26,169,000 | 25,619,000 | 28,874,000 |
| Interest-bearing deposits | 24,057,000 | 23,747,000 | 23,487,000 | 26,311,000 |
| Noninterest-bearing deposits | 2,507,000 | 2,422,000 | 2,132,000 | 2,563,000 |
| Equity capital | 3,326,000 | 3,346,000 | 3,463,000 | 3,414,000 |
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 | 409,000 | 837,000 | 1,272,000 | 1,727,000 |
| Interest expense | 178,000 | 375,000 | 589,000 | 820,000 |
| Net interest income | 231,000 | 462,000 | 683,000 | 907,000 |
| Noninterest income | 24,000 | 63,000 | 87,000 | 123,000 |
| Noninterest expense | 175,000 | 351,000 | 521,000 | 701,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 80,000 | 174,000 | 249,000 | 279,000 |
| Income tax | 19,000 | 43,000 | 60,000 | 62,000 |
| Net income | 61,000 | 131,000 | 189,000 | 217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,418,000 | 3,488,000 | 3,546,000 | 3,475,000 |
| Total capital | 3,638,000 | 3,704,000 | 3,784,000 | 3,697,000 |
| Risk-weighted assets | 17,481,000 | 17,164,000 | 18,968,000 | 17,648,000 |