Call reports 2013
GATES BANKING AND TRUST COMPANY — 2013
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 40,788,000 | 41,273,000 | 41,637,000 | 41,044,000 |
| Total loans | 13,003,000 | 14,084,000 | 13,220,000 | 10,943,000 |
| Allowance for loan losses | 308,000 | 308,000 | 308,000 | 308,000 |
| Securities available for sale | 24,963,000 | 24,408,000 | 25,302,000 | 26,475,000 |
| Securities held to maturity | 180,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,600,000 | 36,346,000 | 37,083,000 | 36,371,000 |
| Interest-bearing deposits | 32,486,000 | 33,217,000 | 34,171,000 | 31,950,000 |
| Noninterest-bearing deposits | 3,114,000 | 3,129,000 | 2,912,000 | 4,421,000 |
| Equity capital | 4,802,000 | 4,701,000 | 4,390,000 | 4,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 347,000 | 700,000 | 1,050,000 | 1,409,000 |
| Interest expense | 51,000 | 100,000 | 148,000 | 195,000 |
| Net interest income | 296,000 | 600,000 | 902,000 | 1,214,000 |
| Noninterest income | 30,000 | 57,000 | 86,000 | 117,000 |
| Noninterest expense | 205,000 | 413,000 | 606,000 | 817,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 121,000 | 244,000 | 382,000 | 514,000 |
| Income tax | 11,000 | 24,000 | 40,000 | 51,000 |
| Net income | 110,000 | 220,000 | 342,000 | 463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,217,000 | 4,327,000 | 4,249,000 | 4,370,000 |
| Total capital | 4,450,000 | 4,568,000 | 4,486,000 | 4,596,000 |
| Risk-weighted assets | 18,530,000 | 19,174,000 | 18,891,000 | 18,030,000 |