Call reports 2023
GULF CAPITAL BANK — 2023
What GULF CAPITAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 531,909,000 | 513,935,000 | 536,831,000 | 580,214,000 |
| Total loans | 260,702,000 | 249,004,000 | 253,040,000 | 217,187,000 |
| Allowance for loan losses | 8,838,000 | 8,838,000 | 7,486,000 | 3,186,000 |
| Securities available for sale | 238,355,000 | 244,634,000 | 250,906,000 | 296,467,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 386,454,000 | 384,293,000 | 394,139,000 | 414,638,000 |
| Interest-bearing deposits | 301,925,000 | 303,250,000 | 309,249,000 | 340,539,000 |
| Noninterest-bearing deposits | 84,529,000 | 81,043,000 | 84,890,000 | 74,099,000 |
| Equity capital | 75,694,000 | 73,993,000 | 67,065,000 | 69,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,200,000 | 14,664,000 | 22,538,000 | 30,448,000 |
| Interest expense | 3,264,000 | 7,359,000 | 11,862,000 | 17,027,000 |
| Net interest income | 3,936,000 | 7,305,000 | 10,676,000 | 13,421,000 |
| Noninterest income | 275,000 | 492,000 | 703,000 | 856,000 |
| Noninterest expense | 2,880,000 | 5,894,000 | 8,601,000 | 12,043,000 |
| Provision for loan losses | 229,000 | 229,000 | 4,877,000 | 9,255,000 |
| Pretax income | 793,000 | 1,365,000 | -2,408,000 | -7,330,000 |
| Income tax | 46,000 | 65,000 | -105,000 | -316,000 |
| Net income | 747,000 | 1,300,000 | -2,303,000 | -7,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,599,000 | 84,222,000 | 80,691,000 | 76,053,000 |
| Total capital | 88,480,000 | 89,203,000 | 85,591,000 | 79,454,000 |
| Risk-weighted assets | 386,487,000 | 394,469,000 | 389,237,000 | 378,417,000 |