Call reports 2023
GULF COAST BANK — 2023
What GULF COAST 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 | 514,018,000 | 497,803,000 | 487,895,000 | 492,042,000 |
| Total loans | 286,637,000 | 289,963,000 | 292,439,000 | 291,079,000 |
| Allowance for loan losses | 3,097,000 | 3,130,000 | 3,245,000 | 3,208,000 |
| Securities available for sale | 126,255,000 | 120,132,000 | 120,380,000 | 128,302,000 |
| Securities held to maturity | 1,244,000 | 1,244,000 | 1,244,000 | 1,769,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 458,555,000 | 442,767,000 | 434,533,000 | 434,060,000 |
| Interest-bearing deposits | 231,270,000 | 227,060,000 | 224,276,000 | 225,835,000 |
| Noninterest-bearing deposits | 227,285,000 | 215,707,000 | 210,257,000 | 208,225,000 |
| Equity capital | 52,659,000 | 51,901,000 | 49,637,000 | 53,754,000 |
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 | 5,284,000 | 10,691,000 | 16,412,000 | 22,300,000 |
| Interest expense | 353,000 | 956,000 | 1,774,000 | 2,700,000 |
| Net interest income | 4,931,000 | 9,735,000 | 14,638,000 | 19,600,000 |
| Noninterest income | 1,531,000 | 3,122,000 | 4,449,000 | 5,676,000 |
| Noninterest expense | 4,433,000 | 8,862,000 | 13,217,000 | 18,245,000 |
| Provision for loan losses | 0 | 126,000 | 297,000 | 311,000 |
| Pretax income | 2,029,000 | 3,859,000 | 5,563,000 | 6,710,000 |
| Income tax | 422,000 | 828,000 | 1,174,000 | 1,310,000 |
| Net income | 1,607,000 | 3,031,000 | 4,389,000 | 5,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,740,000 | 69,664,000 | 71,022,000 | 70,896,000 |