Call reports 2020
GULF COAST BANK AND TRUST COMPANY — 2020
What GULF COAST BANK AND TRUST COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,886,049,000 | 2,237,684,000 | 2,255,921,000 | 2,296,578,000 |
| Total loans | 1,496,023,000 | 1,680,345,000 | 1,766,156,000 | 1,831,882,000 |
| Allowance for loan losses | 24,491,000 | 25,272,000 | 26,586,000 | 29,460,000 |
| Securities available for sale | 260,131,000 | 251,426,000 | 247,640,000 | 250,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 2,494,000 | 2,515,000 | 3,626,000 |
| Total deposits | 1,681,109,000 | 2,011,256,000 | 2,020,107,000 | 2,059,287,000 |
| Interest-bearing deposits | 1,613,930,000 | 1,876,555,000 | 1,894,149,000 | 1,925,193,000 |
| Noninterest-bearing deposits | 67,179,000 | 134,701,000 | 125,958,000 | 134,094,000 |
| Equity capital | 167,224,000 | 177,623,000 | 187,953,000 | 193,053,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 35,416,000 | 69,526,000 | 104,712,000 | 141,119,000 |
| Interest expense | 5,138,000 | 9,022,000 | 12,304,000 | 15,312,000 |
| Net interest income | 30,278,000 | 60,504,000 | 92,408,000 | 125,807,000 |
| Noninterest income | 7,891,000 | 20,528,000 | 38,613,000 | 52,896,000 |
| Noninterest expense | 33,260,000 | 65,154,000 | 98,120,000 | 133,101,000 |
| Provision for loan losses | 5,224,000 | 7,243,000 | 10,740,000 | 17,402,000 |
| Pretax income | -315,000 | 8,635,000 | 22,372,000 | 28,427,000 |
| Income tax | 29,000 | 2,184,000 | 5,177,000 | 5,717,000 |
| Net income | -344,000 | 6,451,000 | 17,195,000 | 22,710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 161,778,000 | 168,180,000 | 178,866,000 | 183,370,000 |
| Total capital | 182,065,000 | 187,775,000 | 199,407,000 | 205,130,000 |
| Risk-weighted assets | 1,618,816,000 | 1,561,983,000 | 1,637,298,000 | 1,733,150,000 |