Call reports 2021
GULF CAPITAL BANK — 2021
What GULF CAPITAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 262,347,000 | 318,842,000 | 320,670,000 | 320,723,000 |
| Total loans | 179,581,000 | 178,670,000 | 197,150,000 | 214,531,000 |
| Allowance for loan losses | 1,044,000 | 1,382,000 | 1,944,000 | 2,380,000 |
| Securities available for sale | 7,711,000 | 7,730,000 | 7,764,000 | 45,047,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,967,000 | 232,197,000 | 234,232,000 | 234,225,000 |
| Interest-bearing deposits | 89,625,000 | 145,847,000 | 140,731,000 | 121,014,000 |
| Noninterest-bearing deposits | 85,342,000 | 86,350,000 | 93,501,000 | 113,211,000 |
| Equity capital | 86,905,000 | 85,923,000 | 85,676,000 | 85,865,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,606,000 | 3,592,000 | 6,060,000 | 8,893,000 |
| Interest expense | 70,000 | 167,000 | 276,000 | 383,000 |
| Net interest income | 1,536,000 | 3,425,000 | 5,784,000 | 8,510,000 |
| Noninterest income | 204,000 | 302,000 | 282,000 | 558,000 |
| Noninterest expense | 2,097,000 | 4,874,000 | 6,972,000 | 9,417,000 |
| Provision for loan losses | 114,000 | 452,000 | 1,014,000 | 1,451,000 |
| Pretax income | -470,000 | -1,598,000 | -1,919,000 | -1,799,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -470,000 | -1,598,000 | -1,919,000 | -1,799,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,991,000 | 85,980,000 | 85,693,000 | 85,916,000 |
| Total capital | 88,035,000 | 87,362,000 | 87,523,000 | 88,296,000 |
| Risk-weighted assets | 107,976,000 | 145,745,000 | 146,309,000 | 234,101,000 |