Call reports 2010

GULFSHORE BANK — 2010

Name: GULFSHORE BANK — FFIEC call report 2010
Creator: GULFSHORE BANK

What GULFSHORE BANK reported to the FFIEC in 2010, quarter by quarter.

PERIOD: 2010SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/96f7ae8a-569e-4fc2-9b76-edf0d8a9d2a1/2010

Balance sheet

What the bank holds and owes at quarter end

Measure	2010Q1	2010Q2	2010Q3	2010Q4
Total assets	93,062,000	112,496,000	128,049,000	149,655,000
Total loans	48,135,000	60,623,000	67,915,000	80,531,000
Allowance for loan losses	650,000	818,000	952,000	1,167,000
Securities available for sale	9,035,000	15,623,000	16,662,000	33,685,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	69,186,000	84,596,000	100,206,000	117,692,000
Interest-bearing deposits	50,481,000	68,983,000	86,909,000	105,921,000
Noninterest-bearing deposits	18,705,000	15,613,000	13,297,000	11,771,000
Equity capital	11,725,000	13,752,000	13,662,000	13,776,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2010Q1	2010Q2	2010Q3	2010Q4
Interest income	807,000	1,744,000	2,905,000	4,204,000
Interest expense	258,000	549,000	929,000	1,405,000
Net interest income	549,000	1,195,000	1,976,000	2,799,000
Noninterest income	30,000	49,000	81,000	130,000
Noninterest expense	758,000	1,512,000	2,383,000	3,197,000
Provision for loan losses	105,000	273,000	435,000	650,000
Pretax income	-284,000	-541,000	-761,000	-770,000
Income tax	-108,000	-198,000	-283,000	-824,000
Net income	-176,000	-343,000	-478,000	54,000

Basel measures — not reported for every quarter

Measure	2010Q1	2010Q2	2010Q3	2010Q4
Tier 1 capital	11,525,000	13,504,000	13,060,000	13,041,000
Total capital	12,175,000	14,308,000	13,852,000	14,054,000
Risk-weighted assets	53,479,000	64,304,000	63,219,000	80,919,000