Call reports 2023
GULFSIDE BANK — 2023
What GULFSIDE BANK 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 | 282,422,000 | 286,757,000 | 277,251,000 | 268,693,000 |
| Total loans | 167,428,000 | 173,538,000 | 178,821,000 | 184,828,000 |
| Allowance for loan losses | 1,970,000 | 2,097,000 | 2,127,000 | 2,156,000 |
| Securities available for sale | 44,930,000 | 44,076,000 | 41,296,000 | 42,234,000 |
| Securities held to maturity | 17,286,000 | 17,282,000 | 17,278,000 | 17,274,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,197,000 | 264,920,000 | 255,374,000 | 244,889,000 |
| Interest-bearing deposits | 198,523,000 | 203,989,000 | 194,308,000 | 185,018,000 |
| Noninterest-bearing deposits | 62,674,000 | 60,931,000 | 61,066,000 | 59,871,000 |
| Equity capital | 19,900,000 | 20,585,000 | 20,479,000 | 22,439,000 |
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 | 2,839,000 | 6,083,000 | 9,480,000 | 12,832,000 |
| Interest expense | 610,000 | 1,437,000 | 2,433,000 | 3,578,000 |
| Net interest income | 2,229,000 | 4,646,000 | 7,047,000 | 9,254,000 |
| Noninterest income | 240,000 | 535,000 | 810,000 | 985,000 |
| Noninterest expense | 1,568,000 | 3,210,000 | 4,842,000 | 6,374,000 |
| Provision for loan losses | 190,000 | 317,000 | 347,000 | 376,000 |
| Pretax income | 680,000 | 1,615,000 | 2,627,000 | 3,439,000 |
| Income tax | 150,000 | 356,000 | 581,000 | 755,000 |
| Net income | 530,000 | 1,259,000 | 2,046,000 | 2,684,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,342,000 | 25,103,000 | 25,915,000 | 26,699,000 |