Call reports 2022
GULF COAST BANK AND TRUST COMPANY — 2022
What GULF COAST BANK AND TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,845,563,000 | 2,927,905,000 | 3,071,522,000 | 3,069,873,000 |
| Total loans | 1,845,346,000 | 1,942,346,000 | 2,134,507,000 | 2,120,982,000 |
| Allowance for loan losses | 23,212,000 | 24,623,000 | 23,629,000 | 23,852,000 |
| Securities available for sale | 761,430,000 | 740,779,000 | 677,662,000 | 654,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 5,063,000 | 4,923,000 | 4,521,000 | 4,543,000 |
| Total deposits | 2,579,224,000 | 2,666,643,000 | 2,646,944,000 | 2,601,581,000 |
| Interest-bearing deposits | 1,848,596,000 | 1,891,702,000 | 1,885,623,000 | 1,898,238,000 |
| Noninterest-bearing deposits | 730,628,000 | 774,941,000 | 761,321,000 | 703,343,000 |
| Equity capital | 230,083,000 | 224,781,000 | 223,198,000 | 235,856,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 45,519,000 | 95,061,000 | 154,548,000 | 216,535,000 |
| Interest expense | 1,937,000 | 4,176,000 | 11,739,000 | 19,861,000 |
| Net interest income | 43,582,000 | 90,885,000 | 142,809,000 | 196,674,000 |
| Noninterest income | 12,042,000 | 23,428,000 | 31,955,000 | 40,736,000 |
| Noninterest expense | 38,992,000 | 79,696,000 | 123,698,000 | 169,612,000 |
| Provision for loan losses | 69,000 | 2,701,000 | 2,670,000 | 2,812,000 |
| Pretax income | 16,186,000 | 32,349,000 | 48,540,000 | 65,712,000 |
| Income tax | 3,567,000 | 7,148,000 | 10,844,000 | 14,566,000 |
| Net income | 12,619,000 | 25,201,000 | 37,696,000 | 51,146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 237,171,000 | 246,166,000 | 249,031,000 | 262,916,000 |
| Total capital | 260,383,000 | 270,789,000 | 272,660,000 | 286,768,000 |
| Risk-weighted assets | 2,183,688,000 | 2,249,694,000 | 2,333,067,000 | 2,219,817,000 |