Call reports 2001
WEST GATE BANK — 2001
What WEST GATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 181,417,000 | 187,714,000 | 200,273,000 | 209,073,000 |
| Total loans | 163,071,000 | 176,468,000 | 190,953,000 | 201,180,000 |
| Allowance for loan losses | 1,236,000 | 1,299,000 | 1,401,000 | 2,880,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 526,000 | 425,000 | 425,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,061,000 | 135,122,000 | 152,406,000 | 131,651,000 |
| Interest-bearing deposits | 115,947,000 | 121,831,000 | 137,604,000 | 115,241,000 |
| Noninterest-bearing deposits | 13,114,000 | 13,291,000 | 14,802,000 | 16,410,000 |
| Equity capital | 13,000,000 | 13,526,000 | 14,607,000 | 13,984,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,741,000 | 7,703,000 | 11,859,000 | 16,159,000 |
| Interest expense | 2,201,000 | 4,382,000 | 6,443,000 | 8,278,000 |
| Net interest income | 1,540,000 | 3,321,000 | 5,416,000 | 7,881,000 |
| Noninterest income | 155,000 | 309,000 | 452,000 | 608,000 |
| Noninterest expense | 821,000 | 1,866,000 | 2,934,000 | 4,255,000 |
| Provision for loan losses | 158,000 | 218,000 | 335,000 | 2,554,000 |
| Pretax income | 716,000 | 1,546,000 | 2,599,000 | 1,680,000 |
| Income tax | 242,000 | 546,000 | 918,000 | 622,000 |
| Net income | 474,000 | 1,000,000 | 1,681,000 | 1,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,000,000 | 13,526,000 | 14,607,000 | 13,984,000 |
| Total capital | 14,236,000 | 14,825,000 | 16,008,000 | 16,029,000 |
| Risk-weighted assets | 135,339,000 | 143,924,000 | 154,784,000 | 162,238,000 |