Call reports 2010
GATES BANKING AND TRUST COMPANY — 2010
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 40,488,000 | 40,124,000 | 40,535,000 | 42,358,000 |
| Total loans | 14,034,000 | 14,603,000 | 13,721,000 | 11,881,000 |
| Allowance for loan losses | 308,000 | 308,000 | 308,000 | 308,000 |
| Securities available for sale | 22,795,000 | 22,164,000 | 22,824,000 | 24,734,000 |
| Securities held to maturity | 184,000 | 184,000 | 183,000 | 183,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,609,000 | 34,828,000 | 35,310,000 | 37,925,000 |
| Interest-bearing deposits | 32,906,000 | 32,237,000 | 32,796,000 | 34,618,000 |
| Noninterest-bearing deposits | 2,703,000 | 2,591,000 | 2,514,000 | 3,307,000 |
| Equity capital | 4,329,000 | 4,501,000 | 4,646,000 | 4,082,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 440,000 | 877,000 | 1,317,000 | 1,715,000 |
| Interest expense | 99,000 | 200,000 | 299,000 | 396,000 |
| Net interest income | 341,000 | 677,000 | 1,018,000 | 1,319,000 |
| Noninterest income | 27,000 | 58,000 | 90,000 | 120,000 |
| Noninterest expense | 203,000 | 410,000 | 614,000 | 817,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 165,000 | 325,000 | 494,000 | 622,000 |
| Income tax | 39,000 | 75,000 | 113,000 | 129,000 |
| Net income | 126,000 | 250,000 | 381,000 | 493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,874,000 | 3,998,000 | 4,129,000 | 3,841,000 |
| Total capital | 4,140,000 | 4,268,000 | 4,405,000 | 4,112,000 |
| Risk-weighted assets | 21,263,000 | 21,596,000 | 22,040,000 | 21,675,000 |