Call reports 2009
WEST GATE BANK — 2009
What WEST GATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 264,015,000 | 271,034,000 | 274,293,000 | 283,244,000 |
| Total loans | 230,592,000 | 229,126,000 | 234,282,000 | 229,440,000 |
| Allowance for loan losses | 3,472,000 | 3,609,000 | 3,286,000 | 3,472,000 |
| Securities available for sale | 0 | 0 | 0 | 795,000 |
| Securities held to maturity | 7,448,000 | 6,841,000 | 7,949,000 | 8,795,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,075,000 | 208,643,000 | 211,783,000 | 221,068,000 |
| Interest-bearing deposits | 171,171,000 | 174,468,000 | 176,013,000 | 183,561,000 |
| Noninterest-bearing deposits | 29,904,000 | 34,175,000 | 35,770,000 | 37,507,000 |
| Equity capital | 25,494,000 | 25,727,000 | 25,742,000 | 26,205,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,553,000 | 7,147,000 | 10,785,000 | 14,473,000 |
| Interest expense | 1,398,000 | 2,698,000 | 3,967,000 | 5,227,000 |
| Net interest income | 2,155,000 | 4,449,000 | 6,818,000 | 9,246,000 |
| Noninterest income | 493,000 | 946,000 | 1,393,000 | 1,877,000 |
| Noninterest expense | 1,943,000 | 4,033,000 | 6,336,000 | 8,457,000 |
| Provision for loan losses | 99,000 | 273,000 | 547,000 | 871,000 |
| Pretax income | 603,000 | 1,086,000 | 1,325,000 | 1,792,000 |
| Income tax | -1,000 | -1,000 | -1,000 | -1,000 |
| Net income | 604,000 | 1,087,000 | 1,326,000 | 1,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,494,000 | 25,727,000 | 25,742,000 | 26,208,000 |
| Total capital | 28,432,000 | 28,679,000 | 28,722,000 | 29,233,000 |
| Risk-weighted assets | 234,508,000 | 235,475,000 | 238,117,000 | 241,585,000 |