Call reports 2016
GULFSHORE BANK — 2016
What GULFSHORE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 301,505,000 | 316,490,000 | 331,179,000 | 327,680,000 |
| Total loans | 223,905,000 | 233,236,000 | 252,554,000 | 262,279,000 |
| Allowance for loan losses | 2,465,000 | 2,650,000 | 2,766,000 | 2,821,000 |
| Securities available for sale | 18,666,000 | 17,764,000 | 14,384,000 | 13,846,000 |
| Securities held to maturity | 1,428,000 | 1,419,000 | 1,411,000 | 1,402,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,905,000 | 265,058,000 | 279,110,000 | 275,562,000 |
| Interest-bearing deposits | 202,022,000 | 210,296,000 | 223,102,000 | 212,315,000 |
| Noninterest-bearing deposits | 48,883,000 | 54,762,000 | 56,008,000 | 63,247,000 |
| Equity capital | 34,790,000 | 35,260,000 | 35,617,000 | 35,702,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,640,000 | 5,304,000 | 8,093,000 | 11,004,000 |
| Interest expense | 377,000 | 747,000 | 1,134,000 | 1,521,000 |
| Net interest income | 2,263,000 | 4,557,000 | 6,959,000 | 9,483,000 |
| Noninterest income | 164,000 | 483,000 | 722,000 | 909,000 |
| Noninterest expense | 1,939,000 | 3,685,000 | 5,583,000 | 7,871,000 |
| Provision for loan losses | 84,000 | 267,000 | 401,000 | 455,000 |
| Pretax income | 403,000 | 1,081,000 | 1,690,000 | 2,059,000 |
| Income tax | 141,000 | 379,000 | 595,000 | 726,000 |
| Net income | 262,000 | 702,000 | 1,095,000 | 1,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,646,000 | 35,078,000 | 35,475,000 | 35,722,000 |
| Total capital | 37,111,000 | 37,728,000 | 38,241,000 | 38,543,000 |
| Risk-weighted assets | 242,570,000 | 251,596,000 | 271,187,000 | 292,299,000 |