Call reports 2020
GULF CAPITAL BANK — 2020
What GULF CAPITAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 40,181,000 | 135,446,000 | 145,252,000 | 203,684,000 |
| Total loans | 0 | 84,857,000 | 102,045,000 | 143,134,000 |
| Allowance for loan losses | 0 | 23,000 | 222,000 | 930,000 |
| Securities available for sale | 0 | 1,000,000 | 6,095,000 | 6,083,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,320,000 | 43,529,000 | 55,601,000 | 106,819,000 |
| Interest-bearing deposits | 2,307,000 | 7,863,000 | 26,813,000 | 43,769,000 |
| Noninterest-bearing deposits | 1,013,000 | 35,666,000 | 28,788,000 | 63,050,000 |
| Equity capital | 36,756,000 | 90,723,000 | 88,401,000 | 86,986,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 120,000 | 2,507,000 | 949,000 | 2,760,000 |
| Interest expense | 0 | 4,000 | 18,000 | 44,000 |
| Net interest income | 120,000 | 2,503,000 | 931,000 | 2,716,000 |
| Noninterest income | 0 | 0 | 2,000 | 14,000 |
| Noninterest expense | 1,299,000 | 2,785,000 | 3,403,000 | 5,969,000 |
| Provision for loan losses | 0 | 23,000 | 222,000 | 930,000 |
| Pretax income | -1,179,000 | -305,000 | -2,692,000 | -4,169,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,179,000 | -305,000 | -2,692,000 | -4,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,756,000 | 90,723,000 | 88,401,000 | 86,986,000 |
| Total capital | 36,756,000 | 90,746,000 | 88,537,000 | 87,916,000 |
| Risk-weighted assets | 9,282,000 | 9,957,000 | 10,807,000 | 83,179,000 |