Call reports 2019
GULFSIDE BANK — 2019
What GULFSIDE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 58,968,000 | 72,461,000 | 83,122,000 | 77,978,000 |
| Total loans | 9,446,000 | 14,931,000 | 26,373,000 | 40,091,000 |
| Allowance for loan losses | 119,000 | 187,000 | 330,000 | 499,000 |
| Securities available for sale | 25,413,000 | 29,771,000 | 36,810,000 | 34,727,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,361,000 | 49,958,000 | 61,051,000 | 56,315,000 |
| Interest-bearing deposits | 33,160,000 | 46,722,000 | 54,676,000 | 50,319,000 |
| Noninterest-bearing deposits | 3,201,000 | 3,236,000 | 6,375,000 | 5,996,000 |
| Equity capital | 22,358,000 | 22,094,000 | 21,610,000 | 21,162,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 371,000 | 900,000 | 1,549,000 | 2,240,000 |
| Interest expense | 90,000 | 223,000 | 402,000 | 538,000 |
| Net interest income | 281,000 | 677,000 | 1,147,000 | 1,702,000 |
| Noninterest income | 2,000 | 12,000 | 19,000 | 30,000 |
| Noninterest expense | 696,000 | 1,546,000 | 2,372,000 | 3,192,000 |
| Provision for loan losses | 95,000 | 164,000 | 307,000 | 476,000 |
| Pretax income | -508,000 | -1,021,000 | -1,459,000 | -1,882,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -508,000 | -1,021,000 | -1,459,000 | -1,882,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,918,000 | 21,442,000 | 21,042,000 | 20,655,000 |
| Total capital | 22,037,000 | 21,629,000 | 21,372,000 | 21,154,000 |
| Risk-weighted assets | 22,177,000 | 30,666,000 | 41,545,000 | 47,051,000 |