Call reports 2011
WEST GATE BANK — 2011
What WEST GATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 300,808,000 | 299,922,000 | 301,593,000 | 317,191,000 |
| Total loans | 220,524,000 | 217,318,000 | 220,753,000 | 208,212,000 |
| Allowance for loan losses | 3,893,000 | 4,234,000 | 4,079,000 | 4,172,000 |
| Securities available for sale | 26,991,000 | 34,381,000 | 37,523,000 | 37,265,000 |
| Securities held to maturity | 4,777,000 | 4,774,000 | 4,770,000 | 4,766,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,688,000 | 237,207,000 | 228,542,000 | 250,117,000 |
| Interest-bearing deposits | 197,204,000 | 195,462,000 | 184,781,000 | 186,199,000 |
| Noninterest-bearing deposits | 40,484,000 | 41,745,000 | 43,761,000 | 63,918,000 |
| Equity capital | 28,203,000 | 28,516,000 | 29,170,000 | 30,574,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,596,000 | 7,127,000 | 10,631,000 | 14,168,000 |
| Interest expense | 936,000 | 1,835,000 | 2,698,000 | 3,449,000 |
| Net interest income | 2,660,000 | 5,292,000 | 7,933,000 | 10,719,000 |
| Noninterest income | 1,398,000 | 2,486,000 | 3,606,000 | 5,706,000 |
| Noninterest expense | 2,436,000 | 4,944,000 | 7,490,000 | 10,540,000 |
| Provision for loan losses | 405,000 | 805,000 | 1,277,000 | 1,758,000 |
| Pretax income | 1,217,000 | 2,029,000 | 2,772,000 | 4,104,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,217,000 | 2,029,000 | 2,772,000 | 4,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,142,000 | 28,278,000 | 28,685,000 | 29,905,000 |
| Total capital | 31,272,000 | 31,469,000 | 32,023,000 | 33,269,000 |
| Risk-weighted assets | 249,769,000 | 254,476,000 | 266,122,000 | 268,690,000 |