Call reports 2017
GATES BANKING AND TRUST COMPANY — 2017
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 44,056,000 | 44,151,000 | 45,549,000 | 45,447,000 |
| Total loans | 13,413,000 | 13,762,000 | 13,928,000 | 13,601,000 |
| Allowance for loan losses | 306,000 | 306,000 | 306,000 | 306,000 |
| Securities available for sale | 27,239,000 | 27,053,000 | 27,520,000 | 27,062,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,558,000 | 38,616,000 | 39,694,000 | 40,324,000 |
| Interest-bearing deposits | 34,729,000 | 34,957,000 | 35,984,000 | 36,526,000 |
| Noninterest-bearing deposits | 3,829,000 | 3,659,000 | 3,710,000 | 3,798,000 |
| Equity capital | 4,985,000 | 5,225,000 | 5,296,000 | 4,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 341,000 | 702,000 | 1,068,000 | 1,437,000 |
| Interest expense | 46,000 | 95,000 | 150,000 | 211,000 |
| Net interest income | 295,000 | 607,000 | 918,000 | 1,226,000 |
| Noninterest income | 19,000 | 46,000 | 67,000 | 88,000 |
| Noninterest expense | 215,000 | 429,000 | 647,000 | 871,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 99,000 | 224,000 | 338,000 | 459,000 |
| Income tax | 6,000 | 22,000 | 32,000 | 27,000 |
| Net income | 93,000 | 202,000 | 306,000 | 432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,751,000 | 4,860,000 | 4,964,000 | 4,790,000 |
| Total capital | 5,019,000 | 5,130,000 | 5,239,000 | 5,080,000 |
| Risk-weighted assets | 21,464,000 | 21,589,000 | 21,996,000 | 23,203,000 |