Call report 2024Q1
WEST GATE BANK — 2024Q1
The 22 measures WEST GATE BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,263,525,000 | USD | evidence → |
| Total loans | 900,156,000 | USD | evidence → |
| Allowance for loan losses | 9,940,000 | USD | evidence → |
| Securities available for sale | 228,011,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,099,933,000 | USD | evidence → |
| Interest-bearing deposits | 872,691,000 | USD | evidence → |
| Noninterest-bearing deposits | 227,242,000 | USD | evidence → |
| Equity capital | 133,667,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 17,739,000 | USD | evidence → |
| Interest expense | 8,527,000 | USD | evidence → |
| Net interest income | 9,212,000 | USD | evidence → |
| Noninterest income | 2,896,000 | USD | evidence → |
| Noninterest expense | 8,951,000 | USD | evidence → |
| Provision for loan losses | 50,000 | USD | evidence → |
| Pretax income | 3,107,000 | USD | evidence → |
| Income tax | 391,000 | USD | evidence → |
| Net income | 2,716,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 148,086,000 | USD | evidence → |