Call reports 2008
GATES BANKING AND TRUST COMPANY — 2008
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 36,076,000 | 35,035,000 | 32,780,000 | 34,365,000 |
| Total loans | 14,529,000 | 15,542,000 | 14,090,000 | 13,499,000 |
| Allowance for loan losses | 309,000 | 309,000 | 310,000 | 310,000 |
| Securities available for sale | 16,731,000 | 15,912,000 | 15,035,000 | 18,293,000 |
| Securities held to maturity | 188,000 | 187,000 | 187,000 | 186,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,434,000 | 29,494,000 | 27,064,000 | 27,948,000 |
| Interest-bearing deposits | 27,595,000 | 25,890,000 | 23,793,000 | 25,884,000 |
| Noninterest-bearing deposits | 2,839,000 | 3,604,000 | 3,271,000 | 2,064,000 |
| Equity capital | 3,741,000 | 3,643,000 | 3,827,000 | 3,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 492,000 | 964,000 | 1,417,000 | 1,837,000 |
| Interest expense | 255,000 | 463,000 | 645,000 | 813,000 |
| Net interest income | 237,000 | 501,000 | 772,000 | 1,024,000 |
| Noninterest income | 27,000 | 53,000 | 87,000 | 123,000 |
| Noninterest expense | 173,000 | 348,000 | 529,000 | 728,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 102,000 | 217,000 | 341,000 | 430,000 |
| Income tax | 17,000 | 41,000 | 69,000 | 84,000 |
| Net income | 85,000 | 176,000 | 272,000 | 346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,603,000 | 3,693,000 | 3,789,000 | 3,563,000 |
| Total capital | 3,859,000 | 3,950,000 | 4,026,000 | 3,802,000 |
| Risk-weighted assets | 20,399,000 | 20,476,000 | 18,870,000 | 19,064,000 |