Call reports 2016
GATES BANKING AND TRUST COMPANY — 2016
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 42,462,000 | 42,368,000 | 42,746,000 | 43,726,000 |
| Total loans | 10,986,000 | 10,883,000 | 11,886,000 | 10,690,000 |
| Allowance for loan losses | 306,000 | 306,000 | 306,000 | 306,000 |
| Securities available for sale | 27,330,000 | 27,718,000 | 27,929,000 | 27,159,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,925,000 | 36,496,000 | 36,821,000 | 38,700,000 |
| Interest-bearing deposits | 33,786,000 | 33,036,000 | 33,817,000 | 35,382,000 |
| Noninterest-bearing deposits | 3,139,000 | 3,460,000 | 3,004,000 | 3,318,000 |
| Equity capital | 5,193,000 | 5,435,000 | 5,503,000 | 4,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 345,000 | 689,000 | 1,041,000 | 1,379,000 |
| Interest expense | 36,000 | 70,000 | 106,000 | 141,000 |
| Net interest income | 309,000 | 619,000 | 935,000 | 1,238,000 |
| Noninterest income | 25,000 | 49,000 | 74,000 | 96,000 |
| Noninterest expense | 211,000 | 422,000 | 627,000 | 850,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 123,000 | 246,000 | 382,000 | 484,000 |
| Income tax | 11,000 | 24,000 | 44,000 | 49,000 |
| Net income | 112,000 | 222,000 | 338,000 | 435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,686,000 | 4,795,000 | 4,912,000 | 4,658,000 |
| Total capital | 4,928,000 | 5,032,000 | 5,156,000 | 4,900,000 |
| Risk-weighted assets | 19,308,000 | 18,955,000 | 19,461,000 | 19,375,000 |