Call reports 2014
GULFSHORE BANK — 2014
What GULFSHORE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 254,036,000 | 262,656,000 | 298,942,000 | 280,737,000 |
| Total loans | 174,759,000 | 174,463,000 | 182,909,000 | 189,370,000 |
| Allowance for loan losses | 2,374,000 | 2,396,000 | 2,283,000 | 2,333,000 |
| Securities available for sale | 14,319,000 | 16,766,000 | 15,645,000 | 15,215,000 |
| Securities held to maturity | 1,496,000 | 1,488,000 | 1,480,000 | 1,472,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,952,000 | 223,244,000 | 258,960,000 | 238,059,000 |
| Interest-bearing deposits | 179,285,000 | 182,413,000 | 214,241,000 | 197,769,000 |
| Noninterest-bearing deposits | 35,667,000 | 40,831,000 | 44,719,000 | 40,290,000 |
| Equity capital | 23,311,000 | 23,581,000 | 23,850,000 | 26,743,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,252,000 | 4,460,000 | 6,701,000 | 9,006,000 |
| Interest expense | 299,000 | 603,000 | 965,000 | 1,336,000 |
| Net interest income | 1,953,000 | 3,857,000 | 5,736,000 | 7,670,000 |
| Noninterest income | 106,000 | 217,000 | 386,000 | 541,000 |
| Noninterest expense | 1,686,000 | 3,250,000 | 4,823,000 | 6,369,000 |
| Provision for loan losses | 41,000 | 51,000 | 136,000 | 182,000 |
| Pretax income | 332,000 | 773,000 | 1,163,000 | 1,660,000 |
| Income tax | 125,000 | 290,000 | 436,000 | 621,000 |
| Net income | 207,000 | 483,000 | 727,000 | 1,039,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,259,000 | 23,545,000 | 23,827,000 | 26,691,000 |
| Total capital | 25,460,000 | 25,742,000 | 26,077,000 | 28,950,000 |
| Risk-weighted assets | 175,937,000 | 175,577,000 | 179,937,000 | 180,674,000 |