Call reports 2004
WEST GATE BANK — 2004
What WEST GATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 208,252,000 | 222,793,000 | 236,894,000 | 244,035,000 |
| Total loans | 165,353,000 | 175,504,000 | 188,187,000 | 195,553,000 |
| Allowance for loan losses | 3,600,000 | 3,342,000 | 3,355,000 | 3,385,000 |
| Securities available for sale | 22,650,000 | 22,134,000 | 22,484,000 | 22,368,000 |
| Securities held to maturity | 3,100,000 | 3,100,000 | 5,100,000 | 6,100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,997,000 | 183,684,000 | 185,725,000 | 178,622,000 |
| Interest-bearing deposits | 143,241,000 | 152,546,000 | 158,086,000 | 150,978,000 |
| Noninterest-bearing deposits | 28,756,000 | 31,138,000 | 27,639,000 | 27,644,000 |
| Equity capital | 18,676,000 | 18,714,000 | 19,321,000 | 21,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,695,000 | 5,596,000 | 8,640,000 | 11,852,000 |
| Interest expense | 910,000 | 1,899,000 | 2,997,000 | 4,155,000 |
| Net interest income | 1,785,000 | 3,697,000 | 5,643,000 | 7,697,000 |
| Noninterest income | 260,000 | 704,000 | 980,000 | 1,482,000 |
| Noninterest expense | 1,727,000 | 3,524,000 | 5,489,000 | 7,393,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 318,000 | 877,000 | 1,134,000 | 1,786,000 |
| Income tax | 1,012,000 | 1,012,000 | 1,012,000 | 1,012,000 |
| Net income | -694,000 | -135,000 | 122,000 | 774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,521,000 | 19,059,000 | 19,337,000 | 21,389,000 |
| Total capital | 20,386,000 | 21,119,000 | 21,574,000 | 23,688,000 |
| Risk-weighted assets | 147,450,000 | 163,544,000 | 177,830,000 | 182,850,000 |