Call reports 2009
GULFSHORE BANK — 2009
What GULFSHORE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 37,403,000 | 49,519,000 | 63,267,000 | 77,588,000 |
| Total loans | 21,280,000 | 25,907,000 | 35,260,000 | 40,387,000 |
| Allowance for loan losses | 255,000 | 334,000 | 458,000 | 545,000 |
| Securities available for sale | 3,991,000 | 6,589,000 | 8,311,000 | 7,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,205,000 | 33,762,000 | 45,543,000 | 60,290,000 |
| Interest-bearing deposits | 21,753,000 | 26,828,000 | 36,911,000 | 48,207,000 |
| Noninterest-bearing deposits | 3,452,000 | 6,934,000 | 8,632,000 | 12,083,000 |
| Equity capital | 10,114,000 | 9,365,000 | 8,435,000 | 8,128,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 322,000 | 751,000 | 1,327,000 | 2,017,000 |
| Interest expense | 127,000 | 288,000 | 478,000 | 705,000 |
| Net interest income | 195,000 | 463,000 | 849,000 | 1,312,000 |
| Noninterest income | 8,000 | 20,000 | 35,000 | 54,000 |
| Noninterest expense | 605,000 | 1,511,000 | 2,869,000 | 2,793,000 |
| Provision for loan losses | 43,000 | 122,000 | 246,000 | 333,000 |
| Pretax income | -445,000 | -1,150,000 | -2,231,000 | -1,760,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -445,000 | -1,150,000 | -2,231,000 | -2,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,039,000 | 9,341,000 | 8,266,000 | 7,991,000 |
| Total capital | 10,294,000 | 9,675,000 | 8,724,000 | 8,536,000 |
| Risk-weighted assets | 24,280,000 | 30,607,000 | 38,283,000 | 44,872,000 |