Call reports 2018
GATES BANKING AND TRUST COMPANY — 2018
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 46,374,000 | 45,804,000 | 46,593,000 | 48,228,000 |
| Total loans | 15,515,000 | 15,559,000 | 16,998,000 | 16,600,000 |
| Allowance for loan losses | 306,000 | 306,000 | 306,000 | 306,000 |
| Securities available for sale | 27,459,000 | 27,138,000 | 25,881,000 | 27,176,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,417,000 | 40,757,000 | 41,528,000 | 43,171,000 |
| Interest-bearing deposits | 37,534,000 | 37,570,000 | 38,499,000 | 39,945,000 |
| Noninterest-bearing deposits | 3,883,000 | 3,187,000 | 3,029,000 | 3,226,000 |
| Equity capital | 4,839,000 | 4,909,000 | 4,885,000 | 4,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 377,000 | 772,000 | 1,184,000 | 1,605,000 |
| Interest expense | 65,000 | 148,000 | 255,000 | 374,000 |
| Net interest income | 312,000 | 624,000 | 929,000 | 1,231,000 |
| Noninterest income | 15,000 | 32,000 | 49,000 | 64,000 |
| Noninterest expense | 227,000 | 454,000 | 677,000 | 898,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 100,000 | 202,000 | 301,000 | 397,000 |
| Income tax | 4,000 | 8,000 | 12,000 | 17,000 |
| Net income | 96,000 | 194,000 | 289,000 | 380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,847,000 | 4,945,000 | 5,040,000 | 4,931,000 |
| Total capital | 5,153,000 | 5,247,000 | 5,346,000 | 5,237,000 |
| Risk-weighted assets | 24,540,000 | 24,187,000 | 25,499,000 | 26,740,000 |