Call reports 2019
GATES BANKING AND TRUST COMPANY — 2019
What GATES BANKING AND TRUST COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 49,876,000 | 49,873,000 | 49,039,000 | 47,281,000 |
| Total loans | 18,613,000 | 18,385,000 | 18,260,000 | 16,361,000 |
| Allowance for loan losses | 306,000 | 306,000 | 306,000 | 306,000 |
| Securities available for sale | 26,915,000 | 26,689,000 | 25,842,000 | 27,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,382,000 | 43,959,000 | 42,841,000 | 41,287,000 |
| Interest-bearing deposits | 40,496,000 | 40,451,000 | 39,577,000 | 37,112,000 |
| Noninterest-bearing deposits | 3,886,000 | 3,508,000 | 3,264,000 | 4,175,000 |
| Equity capital | 5,180,000 | 5,523,000 | 5,717,000 | 5,588,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 447,000 | 901,000 | 1,353,000 | 1,789,000 |
| Interest expense | 134,000 | 280,000 | 425,000 | 560,000 |
| Net interest income | 313,000 | 621,000 | 928,000 | 1,229,000 |
| Noninterest income | 15,000 | 33,000 | 48,000 | 61,000 |
| Noninterest expense | 233,000 | 464,000 | 684,000 | 896,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 95,000 | 190,000 | 292,000 | 394,000 |
| Income tax | 2,000 | 5,000 | 11,000 | 18,000 |
| Net income | 93,000 | 185,000 | 281,000 | 376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,023,000 | 5,116,000 | 5,212,000 | 5,107,000 |
| Total capital | 5,329,000 | 5,422,000 | 5,518,000 | 5,413,000 |
| Risk-weighted assets | 27,840,000 | 27,674,000 | 27,912,000 | 26,958,000 |