Call reports 2024
GULF COAST BANK AND TRUST COMPANY — 2024
What GULF COAST BANK AND TRUST COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,211,996,000 | 3,335,210,000 | 3,314,321,000 | 3,371,364,000 |
| Total loans | 2,285,016,000 | 2,423,705,000 | 2,405,543,000 | 2,406,682,000 |
| Allowance for loan losses | 45,976,000 | 51,123,000 | 51,889,000 | 48,596,000 |
| Securities available for sale | 628,675,000 | 646,895,000 | 661,798,000 | 645,176,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,754,213,000 | 2,879,531,000 | 2,848,778,000 | 2,928,839,000 |
| Interest-bearing deposits | 2,139,702,000 | 2,258,516,000 | 2,270,196,000 | 2,350,792,000 |
| Noninterest-bearing deposits | 614,511,000 | 621,015,000 | 578,582,000 | 578,047,000 |
| Equity capital | 262,571,000 | 264,834,000 | 279,377,000 | 266,456,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 71,048,000 | 146,102,000 | 221,420,000 | 296,999,000 |
| Interest expense | 17,418,000 | 36,041,000 | 55,814,000 | 75,214,000 |
| Net interest income | 53,630,000 | 110,061,000 | 165,606,000 | 221,785,000 |
| Noninterest income | 11,045,000 | 22,121,000 | 33,670,000 | 43,625,000 |
| Noninterest expense | 49,364,000 | 99,750,000 | 152,459,000 | 201,874,000 |
| Provision for loan losses | 10,022,000 | 22,069,000 | 28,266,000 | 49,354,000 |
| Pretax income | 3,409,000 | 8,292,000 | 17,003,000 | 10,576,000 |
| Income tax | 581,000 | 1,803,000 | 3,899,000 | 3,077,000 |
| Net income | 2,828,000 | 6,489,000 | 13,104,000 | 7,499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 281,785,000 | 286,038,000 | 293,008,000 | 287,879,000 |
| Total capital | 311,811,000 | — | 324,720,000 | 322,779,000 |
| Risk-weighted assets | 2,386,172,000 | — | 2,516,806,000 | 2,777,925,000 |