Call reports 2013
GULFSHORE BANK — 2013
What GULFSHORE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 234,458,000 | 239,592,000 | 241,761,000 | 247,166,000 |
| Total loans | 154,400,000 | 156,298,000 | 165,529,000 | 173,073,000 |
| Allowance for loan losses | 2,225,000 | 2,229,000 | 2,328,000 | 2,331,000 |
| Securities available for sale | 16,444,000 | 11,258,000 | 13,685,000 | 14,856,000 |
| Securities held to maturity | 0 | 1,521,000 | 1,513,000 | 1,505,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,482,000 | 207,962,000 | 205,822,000 | 208,728,000 |
| Interest-bearing deposits | 169,987,000 | 173,880,000 | 173,743,000 | 177,625,000 |
| Noninterest-bearing deposits | 28,495,000 | 34,082,000 | 32,079,000 | 31,103,000 |
| Equity capital | 20,513,000 | 20,902,000 | 21,123,000 | 22,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,925,000 | 3,901,000 | 5,896,000 | 8,080,000 |
| Interest expense | 343,000 | 669,000 | 969,000 | 1,261,000 |
| Net interest income | 1,582,000 | 3,232,000 | 4,927,000 | 6,819,000 |
| Noninterest income | 160,000 | 439,000 | 561,000 | 678,000 |
| Noninterest expense | 1,396,000 | 2,807,000 | 4,241,000 | 5,730,000 |
| Provision for loan losses | 66,000 | 70,000 | 169,000 | 170,000 |
| Pretax income | 280,000 | 679,000 | 963,000 | 1,482,000 |
| Income tax | 114,000 | 267,000 | 372,000 | 568,000 |
| Net income | 166,000 | 412,000 | 591,000 | 914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,420,000 | 20,866,000 | 21,057,000 | 22,342,000 |
| Total capital | 22,272,000 | 22,731,000 | 23,079,000 | 24,481,000 |
| Risk-weighted assets | 147,786,000 | 148,849,000 | 161,465,000 | 170,958,000 |