Call reports 2022
GULF CAPITAL BANK — 2022
What GULF CAPITAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 312,014,000 | 363,136,000 | 460,218,000 | 487,001,000 |
| Total loans | 203,062,000 | 202,429,000 | 222,831,000 | 246,274,000 |
| Allowance for loan losses | 2,455,000 | 2,528,000 | 2,800,000 | 9,100,000 |
| Securities available for sale | 63,149,000 | 135,014,000 | 189,879,000 | 217,267,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,967,000 | 281,660,000 | 326,252,000 | 408,129,000 |
| Interest-bearing deposits | 108,917,000 | 157,376,000 | 181,979,000 | 279,787,000 |
| Noninterest-bearing deposits | 119,050,000 | 124,284,000 | 144,273,000 | 128,342,000 |
| Equity capital | 83,611,000 | 80,826,000 | 78,806,000 | 74,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,451,000 | 5,377,000 | 9,641,000 | 15,236,000 |
| Interest expense | 95,000 | 298,000 | 1,068,000 | 2,847,000 |
| Net interest income | 2,356,000 | 5,079,000 | 8,573,000 | 12,389,000 |
| Noninterest income | 489,000 | 737,000 | 996,000 | 1,263,000 |
| Noninterest expense | 2,575,000 | 5,181,000 | 7,779,000 | 10,529,000 |
| Provision for loan losses | 74,000 | 147,000 | 420,000 | 6,720,000 |
| Pretax income | 196,000 | 488,000 | 1,416,000 | -3,551,000 |
| Income tax | 0 | 9,000 | 20,000 | 125,000 |
| Net income | 196,000 | 479,000 | 1,396,000 | -3,676,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,099,000 | 86,480,000 | 87,486,000 | 82,505,000 |
| Total capital | 88,554,000 | 89,008,000 | 90,286,000 | 87,264,000 |
| Risk-weighted assets | 219,261,000 | 284,545,000 | 330,830,000 | 376,362,000 |