Call reports 2021
GULF COAST BANK AND TRUST COMPANY — 2021
What GULF COAST BANK AND TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,411,236,000 | 2,575,092,000 | 2,646,924,000 | 2,823,154,000 |
| Total loans | 1,857,292,000 | 1,869,520,000 | 1,862,266,000 | 1,822,343,000 |
| Allowance for loan losses | 22,538,000 | 21,796,000 | 22,838,000 | 23,607,000 |
| Securities available for sale | 343,698,000 | 462,803,000 | 556,935,000 | 625,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 4,673,000 | 4,708,000 | 2,574,000 | 5,239,000 |
| Total deposits | 2,186,465,000 | 2,332,888,000 | 2,379,385,000 | 2,552,602,000 |
| Interest-bearing deposits | 1,607,276,000 | 1,705,725,000 | 1,723,204,000 | 1,860,271,000 |
| Noninterest-bearing deposits | 579,189,000 | 627,163,000 | 656,181,000 | 692,331,000 |
| Equity capital | 198,470,000 | 212,412,000 | 224,154,000 | 234,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 38,051,000 | 79,456,000 | 125,083,000 | 173,041,000 |
| Interest expense | 2,577,000 | 5,014,000 | 7,478,000 | 9,546,000 |
| Net interest income | 35,474,000 | 74,442,000 | 117,605,000 | 163,495,000 |
| Noninterest income | 14,642,000 | 28,411,000 | 40,983,000 | 54,634,000 |
| Noninterest expense | 34,647,000 | 70,651,000 | 107,820,000 | 148,581,000 |
| Provision for loan losses | 4,714,000 | 4,721,000 | 4,796,000 | 8,188,000 |
| Pretax income | 10,907,000 | 27,802,000 | 46,397,000 | 61,675,000 |
| Income tax | 2,387,000 | 6,002,000 | 10,043,000 | 13,207,000 |
| Net income | 8,520,000 | 21,800,000 | 36,354,000 | 48,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 191,318,000 | 203,594,000 | 214,244,000 | 225,228,000 |
| Total capital | 213,487,000 | 225,390,000 | 237,082,000 | 248,835,000 |
| Risk-weighted assets | 1,773,224,000 | 1,853,487,000 | 1,982,904,000 | 2,034,276,000 |