Call reports 2021
GULFSIDE BANK — 2021
What GULFSIDE BANK 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 | 205,402,000 | 216,254,000 | 226,258,000 | 217,297,000 |
| Total loans | 104,992,000 | 105,353,000 | 108,687,000 | 117,429,000 |
| Allowance for loan losses | 1,233,000 | 1,267,000 | 1,287,000 | 1,422,000 |
| Securities available for sale | 51,607,000 | 58,424,000 | 53,577,000 | 47,918,000 |
| Securities held to maturity | 0 | 0 | 7,857,000 | 12,403,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,347,000 | 193,825,000 | 203,701,000 | 194,643,000 |
| Interest-bearing deposits | 146,069,000 | 156,294,000 | 164,797,000 | 153,671,000 |
| Noninterest-bearing deposits | 37,278,000 | 37,531,000 | 38,904,000 | 40,972,000 |
| Equity capital | 21,792,000 | 22,061,000 | 22,060,000 | 22,084,000 |
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 | 1,204,000 | 2,462,000 | 3,831,000 | 5,365,000 |
| Interest expense | 124,000 | 232,000 | 339,000 | 443,000 |
| Net interest income | 1,080,000 | 2,230,000 | 3,492,000 | 4,922,000 |
| Noninterest income | 43,000 | 74,000 | 118,000 | 372,000 |
| Noninterest expense | 955,000 | 1,983,000 | 3,098,000 | 4,292,000 |
| Provision for loan losses | 56,000 | 90,000 | 110,000 | 245,000 |
| Pretax income | 112,000 | 231,000 | 406,000 | 761,000 |
| Income tax | 28,000 | 58,000 | 101,000 | 180,000 |
| Net income | 84,000 | 173,000 | 305,000 | 581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,182,000 | 21,338,000 | 21,555,000 | 21,950,000 |