Call reports 2022
GULFSIDE BANK — 2022
What GULFSIDE BANK 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 | 240,573,000 | 246,743,000 | 245,425,000 | 251,784,000 |
| Total loans | 113,720,000 | 133,364,000 | 145,088,000 | 150,407,000 |
| Allowance for loan losses | 1,552,000 | 1,646,000 | 1,815,000 | 1,865,000 |
| Securities available for sale | 50,887,000 | 54,074,000 | 51,407,000 | 51,500,000 |
| Securities held to maturity | 12,400,000 | 17,296,000 | 17,293,000 | 17,289,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,161,000 | 227,406,000 | 226,362,000 | 231,428,000 |
| Interest-bearing deposits | 171,653,000 | 168,110,000 | 170,721,000 | 179,672,000 |
| Noninterest-bearing deposits | 48,508,000 | 59,296,000 | 55,641,000 | 51,756,000 |
| Equity capital | 19,946,000 | 18,696,000 | 18,118,000 | 18,942,000 |
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 | 1,498,000 | 3,244,000 | 5,476,000 | 7,987,000 |
| Interest expense | 99,000 | 210,000 | 443,000 | 874,000 |
| Net interest income | 1,399,000 | 3,034,000 | 5,033,000 | 7,113,000 |
| Noninterest income | 460,000 | 648,000 | 1,052,000 | 1,373,000 |
| Noninterest expense | 1,491,000 | 2,918,000 | 4,391,000 | 5,909,000 |
| Provision for loan losses | 130,000 | 224,000 | 393,000 | 443,000 |
| Pretax income | 238,000 | 540,000 | 1,301,000 | 2,134,000 |
| Income tax | 56,000 | 128,000 | 317,000 | 523,000 |
| Net income | 182,000 | 412,000 | 984,000 | 1,611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,206,000 | 22,531,000 | 23,123,000 | 23,775,000 |