Call report 2024Q2
WEST GATE BANK — 2024Q2
The 22 measures WEST GATE BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 1,287,813,000 | USD | evidence → |
| Total loans | 921,615,000 | USD | evidence → |
| Allowance for loan losses | 9,921,000 | USD | evidence → |
| Securities available for sale | 225,207,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 1,113,273,000 | USD | evidence → |
| Interest-bearing deposits | 869,315,000 | USD | evidence → |
| Noninterest-bearing deposits | 243,958,000 | USD | evidence → |
| Equity capital | 138,331,000 | 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 | 36,232,000 | USD | evidence → |
| Interest expense | 17,379,000 | USD | evidence → |
| Net interest income | 18,853,000 | USD | evidence → |
| Noninterest income | 4,638,000 | USD | evidence → |
| Noninterest expense | 14,875,000 | USD | evidence → |
| Provision for loan losses | 50,000 | USD | evidence → |
| Pretax income | 8,566,000 | USD | evidence → |
| Income tax | 1,268,000 | USD | evidence → |
| Net income | 7,298,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 150,810,000 | USD | evidence → |