Call reports 2013
WEST GATE BANK — 2013
What WEST GATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 362,429,000 | 368,689,000 | 372,511,000 | 377,882,000 |
| Total loans | 244,810,000 | 258,772,000 | 266,557,000 | 270,184,000 |
| Allowance for loan losses | 4,838,000 | 5,071,000 | 5,396,000 | 5,408,000 |
| Securities available for sale | 17,517,000 | 16,057,000 | 15,628,000 | 14,331,000 |
| Securities held to maturity | 42,467,000 | 43,763,000 | 43,250,000 | 46,345,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 297,570,000 | 292,917,000 | 293,713,000 | 319,086,000 |
| Interest-bearing deposits | 221,612,000 | 214,417,000 | 222,011,000 | 234,995,000 |
| Noninterest-bearing deposits | 75,958,000 | 78,500,000 | 71,702,000 | 84,091,000 |
| Equity capital | 41,285,000 | 38,308,000 | 37,889,000 | 37,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,684,000 | 7,385,000 | 11,124,000 | 14,907,000 |
| Interest expense | 385,000 | 765,000 | 1,151,000 | 1,532,000 |
| Net interest income | 3,299,000 | 6,620,000 | 9,973,000 | 13,375,000 |
| Noninterest income | 4,408,000 | 8,357,000 | 15,407,000 | 18,220,000 |
| Noninterest expense | 5,461,000 | 11,492,000 | 21,018,000 | 26,333,000 |
| Provision for loan losses | 225,000 | 443,000 | 498,000 | 528,000 |
| Pretax income | 2,113,000 | 3,146,000 | 3,968,000 | 4,838,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,113,000 | 3,146,000 | 3,968,000 | 4,838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,479,000 | 37,632,000 | 37,325,000 | 36,547,000 |
| Total capital | 44,462,000 | 41,675,000 | 41,470,000 | 40,696,000 |
| Risk-weighted assets | 317,955,000 | 322,528,000 | 330,481,000 | 330,822,000 |