Call reports 2017
WEST GATE BANK — 2017
What WEST GATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 479,208,000 | 505,656,000 | 470,485,000 | 491,903,000 |
| Total loans | 388,937,000 | 411,496,000 | 391,620,000 | 384,073,000 |
| Allowance for loan losses | 4,697,000 | 4,976,000 | 5,260,000 | 5,355,000 |
| Securities available for sale | 8,482,000 | 7,436,000 | 6,444,000 | 30,085,000 |
| Securities held to maturity | 37,450,000 | 35,146,000 | 33,153,000 | 33,060,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 426,137,000 | 449,493,000 | 384,526,000 | 410,864,000 |
| Interest-bearing deposits | 283,832,000 | 309,309,000 | 258,462,000 | 269,328,000 |
| Noninterest-bearing deposits | 142,306,000 | 140,184,000 | 126,063,000 | 141,536,000 |
| Equity capital | 51,835,000 | 53,905,000 | 55,064,000 | 57,379,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,930,000 | 10,161,000 | 15,492,000 | 20,894,000 |
| Interest expense | 210,000 | 482,000 | 761,000 | 1,047,000 |
| Net interest income | 4,720,000 | 9,679,000 | 14,731,000 | 19,847,000 |
| Noninterest income | 3,454,000 | 5,165,000 | 7,358,000 | 9,780,000 |
| Noninterest expense | 6,072,000 | 9,500,000 | 14,931,000 | 19,626,000 |
| Provision for loan losses | 330,000 | 660,000 | 983,000 | 1,094,000 |
| Pretax income | 1,772,000 | 4,684,000 | 6,175,000 | 8,907,000 |
| Income tax | 468,000 | 1,397,000 | 1,727,000 | 2,054,000 |
| Net income | 1,304,000 | 3,287,000 | 4,448,000 | 6,853,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,839,000 | 53,250,000 | 54,295,000 | 55,187,000 |
| Total capital | 53,536,000 | 58,226,000 | 59,228,000 | 60,139,000 |
| Risk-weighted assets | 388,086,000 | 408,039,000 | 393,537,000 | 393,491,000 |