Call reports 2024
GULF COAST BANK — 2024
What GULF COAST 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 | 502,676,000 | 498,047,000 | 492,851,000 | 495,122,000 |
| Total loans | 305,152,000 | 297,688,000 | 302,770,000 | 299,036,000 |
| Allowance for loan losses | 3,302,000 | 3,269,000 | 3,185,000 | 3,212,000 |
| Securities available for sale | 126,701,000 | 128,042,000 | 133,963,000 | 135,114,000 |
| Securities held to maturity | 1,549,000 | 2,697,000 | 2,697,000 | 2,697,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 444,604,000 | 438,263,000 | 427,598,000 | 434,006,000 |
| Interest-bearing deposits | 238,499,000 | 236,555,000 | 230,827,000 | 232,485,000 |
| Noninterest-bearing deposits | 206,105,000 | 201,708,000 | 196,771,000 | 201,521,000 |
| Equity capital | 53,992,000 | 55,694,000 | 60,748,000 | 56,447,000 |
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 | 5,894,000 | 12,158,000 | 18,433,000 | 24,818,000 |
| Interest expense | 1,083,000 | 2,224,000 | 3,400,000 | 4,532,000 |
| Net interest income | 4,811,000 | 9,934,000 | 15,033,000 | 20,286,000 |
| Noninterest income | 1,223,000 | 2,609,000 | 3,947,000 | 5,419,000 |
| Noninterest expense | 4,302,000 | 8,718,000 | 13,115,000 | 18,016,000 |
| Provision for loan losses | 273,000 | 291,000 | 302,000 | 321,000 |
| Pretax income | 1,381,000 | 3,305,000 | 5,283,000 | 7,054,000 |
| Income tax | 332,000 | 689,000 | 1,108,000 | 1,283,000 |
| Net income | 1,049,000 | 2,616,000 | 4,175,000 | 5,771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,945,000 | 73,512,000 | 75,071,000 | 75,032,000 |