Call reports 2022
GULF COAST BUSINESS BANK — 2022
What GULF COAST BUSINESS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|
| Total assets | 24,701,000 | 41,371,000 | 47,521,000 |
| Total loans | 0 | 9,552,000 | 17,505,000 |
| Allowance for loan losses | 0 | 120,000 | 222,000 |
| Securities available for sale | 0 | 9,447,000 | 9,157,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,491,000 | 19,082,000 | 25,962,000 |
| Interest-bearing deposits | 1,090,000 | 17,534,000 | 21,813,000 |
| Noninterest-bearing deposits | 401,000 | 1,548,000 | 4,149,000 |
| Equity capital | 22,282,000 | 21,260,000 | 20,690,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|
| Interest income | 19,000 | 248,000 | 719,000 |
| Interest expense | 0 | 26,000 | 111,000 |
| Net interest income | 19,000 | 222,000 | 608,000 |
| Noninterest income | 0 | 2,000 | 7,000 |
| Noninterest expense | 1,258,000 | 2,220,000 | 3,113,000 |
| Provision for loan losses | 0 | 120,000 | 222,000 |
| Pretax income | -1,239,000 | -2,116,000 | -2,720,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -1,239,000 | -2,116,000 | -2,720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|
| Tier 1 capital | 22,282,000 | 21,441,000 | 20,846,000 |