Call reports 2003
WEST GATE BANK — 2003
What WEST GATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 211,660,000 | 218,303,000 | 199,818,000 | 200,590,000 |
| Total loans | 167,742,000 | 159,645,000 | 155,778,000 | 155,697,000 |
| Allowance for loan losses | 3,596,000 | 3,754,000 | 3,784,000 | 3,588,000 |
| Securities available for sale | 4,502,000 | 12,539,000 | 17,458,000 | 22,468,000 |
| Securities held to maturity | 4,621,000 | 4,705,000 | 5,705,000 | 3,900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,094,000 | 186,086,000 | 165,514,000 | 170,851,000 |
| Interest-bearing deposits | 155,938,000 | 158,344,000 | 139,778,000 | 142,202,000 |
| Noninterest-bearing deposits | 21,156,000 | 27,742,000 | 25,736,000 | 28,649,000 |
| Equity capital | 17,768,000 | 18,230,000 | 18,930,000 | 19,194,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,308,000 | 6,654,000 | 9,872,000 | 12,653,000 |
| Interest expense | 1,290,000 | 2,470,000 | 3,476,000 | 4,446,000 |
| Net interest income | 2,018,000 | 4,184,000 | 6,396,000 | 8,207,000 |
| Noninterest income | 47,000 | 207,000 | 370,000 | 569,000 |
| Noninterest expense | 1,512,000 | 3,077,000 | 4,619,000 | 6,241,000 |
| Provision for loan losses | 150,000 | 270,000 | 310,000 | 310,000 |
| Pretax income | 403,000 | 1,044,000 | 1,837,000 | 2,225,000 |
| Income tax | 155,000 | 358,000 | 648,000 | 780,000 |
| Net income | 248,000 | 686,000 | 1,189,000 | 1,445,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,768,000 | 18,206,000 | 18,959,000 | 19,215,000 |
| Total capital | 19,558,000 | 19,940,000 | 20,635,000 | 20,961,000 |
| Risk-weighted assets | 141,382,000 | 136,737,000 | 131,993,000 | 137,833,000 |