Call reports 2015
WEST GATE BANK — 2015
What WEST GATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 407,222,000 | 408,685,000 | 420,820,000 | 435,793,000 |
| Total loans | 291,965,000 | 304,625,000 | 316,046,000 | 327,738,000 |
| Allowance for loan losses | 3,402,000 | 3,191,000 | 3,472,000 | 3,457,000 |
| Securities available for sale | 21,236,000 | 13,406,000 | 10,993,000 | 10,483,000 |
| Securities held to maturity | 52,299,000 | 53,565,000 | 52,201,000 | 56,333,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,017,000 | 331,125,000 | 370,607,000 | 378,308,000 |
| Interest-bearing deposits | 233,087,000 | 233,611,000 | 237,418,000 | 264,861,000 |
| Noninterest-bearing deposits | 104,930,000 | 97,514,000 | 133,189,000 | 113,447,000 |
| Equity capital | 41,689,000 | 42,450,000 | 44,161,000 | 46,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,844,000 | 7,977,000 | 12,275,000 | 16,494,000 |
| Interest expense | 356,000 | 631,000 | 874,000 | 1,107,000 |
| Net interest income | 3,488,000 | 7,346,000 | 11,401,000 | 15,387,000 |
| Noninterest income | 2,089,000 | 4,597,000 | 7,515,000 | 10,655,000 |
| Noninterest expense | 4,458,000 | 9,966,000 | 14,743,000 | 20,010,000 |
| Provision for loan losses | -278,000 | -477,000 | -459,000 | -441,000 |
| Pretax income | 1,397,000 | 2,460,000 | 4,638,000 | 6,479,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,397,000 | 2,460,000 | 4,638,000 | 6,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,089,000 | 41,799,000 | 43,349,000 | 45,166,000 |
| Total capital | 44,491,000 | 44,990,000 | 46,821,000 | 48,623,000 |
| Risk-weighted assets | 333,951,000 | 338,627,000 | 348,286,000 | 365,961,000 |