Call reports 2011
GULFSHORE BANK — 2011
What GULFSHORE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 174,905,000 | 177,581,000 | 195,829,000 | 239,931,000 |
| Total loans | 93,544,000 | 103,970,000 | 111,237,000 | 119,435,000 |
| Allowance for loan losses | 1,336,000 | 1,502,000 | 1,575,000 | 1,850,000 |
| Securities available for sale | 45,764,000 | 29,237,000 | 30,765,000 | 27,196,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,015,000 | 147,383,000 | 168,298,000 | 214,286,000 |
| Interest-bearing deposits | 127,082,000 | 132,710,000 | 151,545,000 | 160,948,000 |
| Noninterest-bearing deposits | 13,933,000 | 14,673,000 | 16,753,000 | 53,338,000 |
| Equity capital | 13,547,000 | 13,801,000 | 14,268,000 | 14,052,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,518,000 | 3,242,000 | 5,051,000 | 6,779,000 |
| Interest expense | 508,000 | 1,030,000 | 1,547,000 | 2,049,000 |
| Net interest income | 1,010,000 | 2,212,000 | 3,504,000 | 4,730,000 |
| Noninterest income | 39,000 | 93,000 | 153,000 | 258,000 |
| Noninterest expense | 1,054,000 | 2,198,000 | 3,296,000 | 4,276,000 |
| Provision for loan losses | 169,000 | 374,000 | 447,000 | 722,000 |
| Pretax income | -268,000 | -348,000 | -167,000 | -12,000 |
| Income tax | -85,000 | -114,000 | -39,000 | 52,000 |
| Net income | -183,000 | -234,000 | -128,000 | -64,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,810,000 | 12,992,000 | 13,189,000 | 13,662,000 |
| Total capital | 14,019,000 | 14,290,000 | 14,624,000 | 15,430,000 |
| Risk-weighted assets | 96,602,000 | 103,674,000 | 114,672,000 | 141,397,000 |