Call reports 2024
GULFSIDE BANK — 2024
What GULFSIDE BANK 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 | 292,765,000 | 283,111,000 | 281,062,000 | 291,658,000 |
| Total loans | 192,548,000 | 194,469,000 | 201,654,000 | 214,926,000 |
| Allowance for loan losses | 2,188,000 | 2,301,000 | 2,294,000 | 2,367,000 |
| Securities available for sale | 38,713,000 | 35,804,000 | 35,337,000 | 33,467,000 |
| Securities held to maturity | 17,271,000 | 17,267,000 | 17,264,000 | 17,260,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,559,000 | 257,667,000 | 253,495,000 | 262,549,000 |
| Interest-bearing deposits | 206,981,000 | 193,463,000 | 187,962,000 | 198,361,000 |
| Noninterest-bearing deposits | 61,578,000 | 64,204,000 | 65,533,000 | 64,188,000 |
| Equity capital | 22,924,000 | 24,136,000 | 26,085,000 | 26,218,000 |
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 | 3,519,000 | 7,394,000 | 11,093,000 | 14,866,000 |
| Interest expense | 1,202,000 | 2,488,000 | 3,677,000 | 4,767,000 |
| Net interest income | 2,317,000 | 4,906,000 | 7,416,000 | 10,099,000 |
| Noninterest income | 195,000 | 582,000 | 1,120,000 | 1,377,000 |
| Noninterest expense | 1,580,000 | 3,241,000 | 4,879,000 | 6,641,000 |
| Provision for loan losses | 32,000 | 145,000 | 138,000 | 211,000 |
| Pretax income | 898,000 | 2,125,000 | 3,536,000 | 4,670,000 |
| Income tax | 204,000 | 493,000 | 828,000 | 1,092,000 |
| Net income | 694,000 | 1,632,000 | 2,708,000 | 3,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,420,000 | 28,341,000 | 29,365,000 | 30,410,000 |