Call reports 2007
GULFSHORE BANK — 2007
What GULFSHORE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Total assets | 13,797,000 | 17,527,000 |
| Total loans | 246,000 | 4,030,000 |
| Allowance for loan losses | 0 | 47,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,280,000 | 5,315,000 |
| Interest-bearing deposits | 956,000 | 4,086,000 |
| Noninterest-bearing deposits | 324,000 | 1,229,000 |
| Equity capital | 12,516,000 | 12,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Interest income | 306,000 | 500,000 |
| Interest expense | 29,000 | 56,000 |
| Net interest income | 277,000 | 444,000 |
| Noninterest income | 0 | 0 |
| Noninterest expense | 1,078,000 | 1,575,000 |
| Provision for loan losses | 0 | 47,000 |
| Pretax income | -801,000 | -1,178,000 |
| Income tax | 0 | 0 |
| Net income | -801,000 | -1,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Tier 1 capital | 12,516,000 | 12,146,000 |
| Total capital | 12,516,000 | 12,193,000 |
| Risk-weighted assets | 3,591,000 | 6,926,000 |