Call reports 2021
GULF COAST BANK — 2021
What GULF COAST 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 | 520,876,000 | 519,120,000 | 533,421,000 | 542,756,000 |
| Total loans | 375,802,000 | 325,964,000 | 300,522,000 | 292,605,000 |
| Allowance for loan losses | 2,814,000 | 2,896,000 | 2,757,000 | 2,714,000 |
| Securities available for sale | 24,656,000 | 35,321,000 | 94,201,000 | 137,549,000 |
| Securities held to maturity | 2,138,000 | 2,138,000 | 2,138,000 | 2,138,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 458,681,000 | 456,754,000 | 468,444,000 | 479,008,000 |
| Interest-bearing deposits | 232,313,000 | 232,493,000 | 241,211,000 | 239,812,000 |
| Noninterest-bearing deposits | 226,368,000 | 224,261,000 | 227,233,000 | 239,196,000 |
| Equity capital | 61,237,000 | 60,457,000 | 63,294,000 | 62,205,000 |
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 | 5,667,000 | 11,089,000 | 17,680,000 | 22,668,000 |
| Interest expense | 191,000 | 373,000 | 550,000 | 664,000 |
| Net interest income | 5,476,000 | 10,716,000 | 17,130,000 | 22,004,000 |
| Noninterest income | 1,267,000 | 2,783,000 | 4,367,000 | 5,672,000 |
| Noninterest expense | 3,807,000 | 7,696,000 | 11,584,000 | 16,049,000 |
| Provision for loan losses | 36,000 | 170,000 | 176,000 | 194,000 |
| Pretax income | 3,210,000 | 5,943,000 | 10,047,000 | 11,775,000 |
| Income tax | 484,000 | 1,236,000 | 2,092,000 | 2,464,000 |
| Net income | 2,726,000 | 4,707,000 | 7,955,000 | 9,311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,830,000 | 60,129,000 | 63,377,000 | 63,703,000 |