Call reports 2005
WEST GATE BANK — 2005
What WEST GATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 255,201,000 | 259,477,000 | 256,653,000 | 257,692,000 |
| Total loans | 199,630,000 | 202,071,000 | 203,045,000 | 206,657,000 |
| Allowance for loan losses | 3,499,000 | 3,429,000 | 3,518,000 | 3,612,000 |
| Securities available for sale | 16,216,000 | 15,346,000 | 12,813,000 | 8,812,000 |
| Securities held to maturity | 15,100,000 | 15,100,000 | 17,600,000 | 19,600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,851,000 | 204,287,000 | 197,219,000 | 196,648,000 |
| Interest-bearing deposits | 157,694,000 | 171,947,000 | 170,079,000 | 170,218,000 |
| Noninterest-bearing deposits | 30,157,000 | 32,340,000 | 27,140,000 | 26,430,000 |
| Equity capital | 21,568,000 | 21,886,000 | 22,037,000 | 23,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,347,000 | 6,809,000 | 10,378,000 | 14,181,000 |
| Interest expense | 1,293,000 | 2,893,000 | 4,471,000 | 6,242,000 |
| Net interest income | 2,054,000 | 3,916,000 | 5,907,000 | 7,939,000 |
| Noninterest income | 279,000 | 598,000 | 926,000 | 1,216,000 |
| Noninterest expense | 1,704,000 | 3,607,000 | 5,550,000 | 7,404,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 539,000 | 727,000 | 1,013,000 | 1,391,000 |
| Income tax | -69,000 | -69,000 | -69,000 | -69,000 |
| Net income | 608,000 | 796,000 | 1,082,000 | 1,460,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,847,000 | 22,035,000 | 22,221,000 | 23,199,000 |
| Total capital | 24,228,000 | 24,447,000 | 24,658,000 | 25,707,000 |
| Risk-weighted assets | 189,373,000 | 191,936,000 | 193,875,000 | 199,507,000 |