Call reports 2016
WEST GATE BANK — 2016
What WEST GATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 448,877,000 | 459,580,000 | 470,243,000 | 489,376,000 |
| Total loans | 342,833,000 | 357,968,000 | 373,358,000 | 398,644,000 |
| Allowance for loan losses | 3,689,000 | 3,960,000 | 4,156,000 | 4,384,000 |
| Securities available for sale | 10,246,000 | 10,352,000 | 9,734,000 | 8,694,000 |
| Securities held to maturity | 56,869,000 | 50,982,000 | 44,440,000 | 38,517,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,688,000 | 392,189,000 | 391,499,000 | 421,334,000 |
| Interest-bearing deposits | 275,401,000 | 273,751,000 | 271,448,000 | 285,543,000 |
| Noninterest-bearing deposits | 121,287,000 | 118,437,000 | 120,051,000 | 135,791,000 |
| Equity capital | 47,611,000 | 50,241,000 | 49,238,000 | 50,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,529,000 | 9,180,000 | 14,087,000 | 19,055,000 |
| Interest expense | 233,000 | 459,000 | 686,000 | 875,000 |
| Net interest income | 4,296,000 | 8,721,000 | 13,401,000 | 18,180,000 |
| Noninterest income | 2,852,000 | 6,471,000 | 10,530,000 | 14,587,000 |
| Noninterest expense | 5,022,000 | 10,311,000 | 17,319,000 | 23,568,000 |
| Provision for loan losses | 224,000 | 447,000 | 665,000 | 920,000 |
| Pretax income | 1,902,000 | 4,434,000 | 5,947,000 | 8,279,000 |
| Income tax | 0 | 0 | 0 | 646,000 |
| Net income | 1,902,000 | 4,434,000 | 5,947,000 | 7,633,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,809,000 | 48,331,000 | 47,018,000 | 48,613,000 |
| Total capital | 49,498,000 | 52,291,000 | 51,174,000 | 52,997,000 |
| Risk-weighted assets | 377,737,000 | 384,649,000 | 392,310,000 | 390,202,000 |