Call reports 2023
GULF COAST BANK AND TRUST COMPANY — 2023
What GULF COAST BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,060,719,000 | 3,046,331,000 | 3,034,409,000 | 3,130,851,000 |
| Total loans | 2,102,820,000 | 2,166,125,000 | 2,206,724,000 | 2,205,578,000 |
| Allowance for loan losses | 33,001,000 | 34,594,000 | 39,921,000 | 38,458,000 |
| Securities available for sale | 673,717,000 | 672,198,000 | 646,521,000 | 629,918,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,587,375,000 | 2,598,326,000 | 2,549,964,000 | 2,651,785,000 |
| Interest-bearing deposits | 1,907,143,000 | 1,960,474,000 | 1,950,207,000 | 2,067,315,000 |
| Noninterest-bearing deposits | 680,232,000 | 637,852,000 | 599,757,000 | 584,470,000 |
| Equity capital | 237,517,000 | 241,722,000 | 249,424,000 | 260,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 61,468,000 | 127,041,000 | 196,476,000 | 266,740,000 |
| Interest expense | 10,405,000 | 22,796,000 | 36,577,000 | 52,770,000 |
| Net interest income | 51,063,000 | 104,245,000 | 159,899,000 | 213,970,000 |
| Noninterest income | 8,104,000 | 16,732,000 | 26,105,000 | 34,230,000 |
| Noninterest expense | 46,094,000 | 93,477,000 | 140,889,000 | 186,725,000 |
| Provision for loan losses | 5,034,000 | 8,420,000 | 13,565,000 | 26,327,000 |
| Pretax income | 8,217,000 | 19,459,000 | 31,536,000 | 34,564,000 |
| Income tax | 1,650,000 | 4,205,000 | 7,151,000 | 8,402,000 |
| Net income | 6,567,000 | 15,254,000 | 24,385,000 | 26,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 265,723,000 | 275,072,000 | 284,481,000 | 286,663,000 |
| Total capital | 293,262,000 | 302,921,000 | 312,990,000 | 315,068,000 |
| Risk-weighted assets | 2,197,694,000 | 2,221,253,000 | 2,269,344,000 | 2,262,370,000 |