Call reports 2014
GATES BANKING AND TRUST COMPANY — 2014
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 41,767,000 | 43,316,000 | 43,872,000 | 42,285,000 |
| Total loans | 12,362,000 | 13,674,000 | 13,484,000 | 10,553,000 |
| Allowance for loan losses | 308,000 | 308,000 | 308,000 | 308,000 |
| Securities available for sale | 26,256,000 | 26,562,000 | 27,820,000 | 28,626,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,779,000 | 37,756,000 | 37,566,000 | 36,576,000 |
| Interest-bearing deposits | 32,531,000 | 33,836,000 | 34,364,000 | 33,379,000 |
| Noninterest-bearing deposits | 4,248,000 | 3,920,000 | 3,202,000 | 3,197,000 |
| Equity capital | 4,743,000 | 4,991,000 | 4,931,000 | 5,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 352,000 | 723,000 | 1,106,000 | 1,470,000 |
| Interest expense | 44,000 | 86,000 | 125,000 | 161,000 |
| Net interest income | 308,000 | 637,000 | 981,000 | 1,309,000 |
| Noninterest income | 8,000 | 1,000 | 28,000 | 55,000 |
| Noninterest expense | 214,000 | 423,000 | 642,000 | 861,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 102,000 | 215,000 | 367,000 | 503,000 |
| Income tax | 1,000 | 6,000 | 25,000 | 38,000 |
| Net income | 101,000 | 209,000 | 342,000 | 465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,471,000 | 4,579,000 | 4,462,000 | 4,485,000 |
| Total capital | 4,714,000 | 4,831,000 | 4,715,000 | 4,708,000 |
| Risk-weighted assets | 19,413,000 | 20,108,000 | 20,201,000 | 17,744,000 |