Gulf Coast Bank And Trust Company Mortgage Rates, Fees & Info

New Orleans, LA

LEI: 5493008RSN6F31BTGT93

Tax ID: 72-1167423

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Gulf Coast Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Gulf Coast Bank And Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: New Orleans, Baton Rouge, Hammond, Houma, and Crestview among others. We have data for 63 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Gulf Coast Bank And Trust Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Gulf Coast Bank And Trust Company is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 12/16/24
    30 Year Conventional Purchase 6.67% 12/16/24
    30 Year Conventional Refi 6.43% 12/16/24
    30 Year Cash-out Refi 6.68% 12/16/24
    30 Year FHA Purchase 7.25% 12/16/24
    30 Year FHA Refi 7.06% 12/16/24
    30 Year VA Purchase 6.39% 12/16/24
    30 Year USDA Purchase 6.76% 12/16/24
    15 Year Conventional Purchase 6.20% 12/16/24
    15 Year Conventional Refi 5.79% 12/16/24
    15 Year Cash-out Refi 5.79% 12/16/24
    15 Year FHA Refi 7.09% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Gulf Coast Bank And Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Gulf Coast Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    3,300

    Origination Dollar Volume (All Markets)

    $840,260,000

    Employee count

    658 Show all (5) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2,259 $586,175,000 $259,484 $4,717 3.63%
    BATON ROUGE, LA (FHA|USDA|VA) 365 $84,205,000 $230,699 $4,222 3.32%
    HAMMOND, LA (FHA|USDA|VA) 256 $55,100,000 $215,234 $5,358 3.28%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 129 $28,865,000 $223,760 $5,183 3.12%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 31 $18,235,000 $588,226 $5,315 3.80%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 49 $11,265,000 $229,898 $4,016 3.55%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 32 $8,360,000 $261,250 $4,621 3.13%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 18 $5,860,000 $325,556 $4,256 3.06%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 14 $3,780,000 $270,000 $5,416 2.87%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $3,680,000 $306,667 $5,357 3.05%
    LAFAYETTE, LA (FHA|USDA|VA) 11 $2,405,000 $218,636 $4,758 3.64%
    Picayune, MS (FHA|USDA|VA) 12 $2,220,000 $185,000 $5,573 3.56%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 7 $2,215,000 $316,429 $5,801 3.57%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 7 $2,005,000 $286,429 $6,197 3.46%
    Outside of Metro Areas 8 $1,970,000 $246,250 $3,608 3.05%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,865,000 $373,000 $5,273 2.75%
    Bogalusa, LA (FHA|USDA|VA) 9 $1,815,000 $201,667 $6,112 3.85%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $1,680,000 $840,000 $5,213 3.31%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,195,000 $398,333 $4,428 2.88%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $1,000,000 $250,000 $2,701 2.72%
    KNOXVILLE, TN (FHA|USDA|VA) 4 $990,000 $247,500 $4,235 2.72%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $930,000 $465,000 $3,869 4.56%
    Morgan City, LA (FHA|USDA|VA) 4 $910,000 $227,500 $5,639 3.90%
    BOULDER, CO (FHA|USDA|VA) 1 $845,000 $845,000 $0 4.75%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $765,000 $255,000 $2,923 3.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $725,000 $241,667 $3,784 2.96%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $680,000 $340,000 $8,765 2.88%
    JACKSONVILLE, FL (FHA|USDA|VA) 3 $675,000 $225,000 $4,349 3.74%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $620,000 $310,000 $5,103 3.13%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 3 $545,000 $181,667 $3,862 2.92%
    Albertville, AL (FHA|USDA|VA) 1 $475,000 $475,000 $3,540 2.63%
    COLUMBUS, OH (FHA|USDA|VA) 2 $440,000 $220,000 $3,036 3.25%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $405,000 $405,000 $4,143 2.50%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $405,000 $405,000 $3,554 2.88%
    LAKE CHARLES, LA (FHA|USDA|VA) 2 $400,000 $200,000 $3,502 3.00%
    TUCSON, AZ (FHA|USDA|VA) 2 $390,000 $195,000 $2,787 3.19%
    ENID, OK (FHA|USDA|VA) 1 $375,000 $375,000 $2,984 2.63%
    ALEXANDRIA, LA (FHA|USDA|VA) 1 $365,000 $365,000 $4,196 2.75%
    ROCHESTER, NY (FHA|USDA|VA) 1 $355,000 $355,000 $3,725 2.75%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $345,000 $345,000 $4,006 2.88%
    Laurel, MS (FHA|USDA|VA) 2 $330,000 $165,000 $4,140 2.81%
    HATTIESBURG, MS (FHA|USDA|VA) 2 $330,000 $165,000 $4,880 3.38%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $275,000 $275,000 $7,560 4.25%
    Heber, UT (FHA|USDA|VA) 1 $265,000 $265,000 $2,371 2.13%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $255,000 $255,000 $3,639 3.25%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $255,000 $255,000 $3,230 2.75%
    TULSA, OK (FHA|USDA|VA) 2 $250,000 $125,000 $3,445 2.44%
    Sevierville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $6,284 3.38%
    Marion, OH (FHA|USDA|VA) 1 $215,000 $215,000 $3,919 2.88%
    Natchez, MS-LA (FHA|USDA|VA) 1 $215,000 $215,000 $0 4.74%
    Opelousas, LA (FHA|USDA|VA) 2 $210,000 $105,000 $2,888 3.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.40%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $205,000 $205,000 $2,696 2.75%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,694 2.75%
    Tupelo, MS (FHA|USDA|VA) 1 $195,000 $195,000 $4,464 2.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,950 2.75%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $7,416 3.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $165,000 $165,000 $6,276 5.63%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,556 3.00%
    Ruston, LA (FHA|USDA|VA) 1 $135,000 $135,000 $3,530 3.63%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $115,000 $115,000 $2,316 2.50%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $85,000 $85,000 $3,108 3.00%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.25%
    Gulf Coast Bank And Trust Company's top markets include New Orleans, Baton Rouge, Hammond, Houma, and Crestview among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Gulf Coast Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Similarity Rank: 1400
    Origin Bank
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,706 $703,740,000 $260,067 $4,366 3.47%
    HELOC 200 $55,260,000 $276,300 n/a 5.13%
    FHA 177 $36,415,000 $205,734 $7,430 3.17%
    USDA 150 $25,910,000 $172,733 $5,265 3.01%
    VA 67 $18,935,000 $282,612 $8,138 2.98%

    For 2020, Gulf Coast Bank And Trust Company's most frequently originated type of loan was Conventional, with 2,706 originations. Their 2nd most popular type was HELOC, with 200 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,611 $412,485,000 $256,043 $5,605 3.75%
    Refi 1,142 $299,500,000 $262,259 $3,828 3.21%
    Cash Out Refi 391 $99,895,000 $255,486 $4,344 3.16%
    Home Improvement 80 $14,120,000 $176,500 $5,593 4.82%
    Other 76 $14,260,000 $187,632 $3,956 3.78%

    For 2020, Gulf Coast Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 1,611 originations. The 2nd most popular reason was Refi, with 1,142 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,874 $465,300,000 $248,292 $4,722 3.19%
    15 Year 444 $96,510,000 $217,365 $3,615 2.65%
    20 Year 390 $89,650,000 $229,872 $3,698 4.46%
    Other 235 $68,785,000 $292,702 $4,233 4.73%
    30+ year 211 $76,285,000 $361,540 $7,726 4.22%
    1 Year 116 $38,690,000 $333,534 $0 5.38%
    10 Year 25 $3,805,000 $152,200 $3,340 2.98%
    3 Year 3 $1,085,000 $361,667 $0 4.67%
    5 Year 2 $150,000 $75,000 $0 6.43%

    For 2020, Gulf Coast Bank And Trust Company's most frequently cited loan duration was 30 Year, with 1,874 originations. The 2nd most popular length was 15 Year, with 444 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,988 $481,800,000 $242,354
    $2k-3k 217 $50,645,000 $233,387
    $3k-4k 178 $55,400,000 $311,236
    $4k-5k 80 $33,890,000 $423,625
    $<1k 63 $13,845,000 $219,762
    $5k+ 33 $14,705,000 $445,606

    Gulf Coast Bank And Trust Company's average total fees were $4,722, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,988 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,113 $284,845,000 $255,925
    2.5-3% 1,037 $263,225,000 $253,833
    4-5% 468 $145,610,000 $311,132
    <2.5% 355 $76,975,000 $216,831
    5-6% 290 $58,260,000 $200,897
    6-7% 28 $10,690,000 $381,786
    Over 8% 5 $315,000 $63,000
    7-8% 4 $340,000 $85,000

    During 2020, Gulf Coast Bank And Trust Company's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 1,113 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,455 $405,075,000 $278,402 $4,922 3.41%
    $100k-200k 1,149 $176,135,000 $153,294 $4,077 3.46%
    $400k-600k 384 $180,710,000 $470,599 $6,069 3.50%
    $100,000 or less 253 $18,765,000 $74,170 $3,305 4.24%
    $600k-1MM 44 $32,320,000 $734,545 $9,508 4.37%
    $1MM+ 15 $27,255,000 $1,817,000 $0 4.62%

    2020 saw Gulf Coast Bank And Trust Company place emphasis on $200k-400k loans with 1,455 originations, totaling $405,075,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 634 $123,270,000 $194,432 $4,568 3.23%
    $100k-150k 588 $161,880,000 $275,306 $4,964 3.28%
    $75k-100k 507 $123,605,000 $243,797 $4,738 3.23%
    $50k or less 401 $59,305,000 $147,893 $4,342 3.09%
    $150k-250k 386 $130,150,000 $337,176 $5,281 3.30%
    $250k+ 181 $69,435,000 $383,619 $4,996 3.44%

    Gulf Coast Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 634 originations. The second most popular income band? $100k-150k, with 588 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 634 $157,520,000 $248,454 $4,354 3.14%
    30-36% 538 $129,930,000 $241,506 $4,660 3.22%
    <20% 240 $55,640,000 $231,833 $3,955 3.07%
    44% 151 $40,005,000 $264,934 $5,481 3.51%
    43% 121 $30,915,000 $255,496 $4,998 3.40%
    40% 114 $26,600,000 $233,333 $4,686 3.29%
    36% 112 $30,150,000 $269,196 $5,038 3.35%
    38% 111 $28,745,000 $258,964 $5,193 3.23%
    42% 106 $26,810,000 $252,925 $5,040 3.48%
    41% 105 $25,015,000 $238,238 $4,746 3.23%
    39% 92 $22,750,000 $247,283 $5,159 3.23%
    37% 90 $25,010,000 $277,889 $4,835 3.27%
    45% 78 $18,540,000 $237,692 $4,696 3.32%
    49% 57 $14,615,000 $256,404 $4,739 3.17%
    50-60% 52 $11,530,000 $221,731 $7,069 3.12%
    48% 52 $13,050,000 $250,962 $4,760 2.99%
    47% 50 $13,060,000 $261,200 $4,989 2.95%
    46% 45 $10,065,000 $223,667 $4,815 3.17%

    Gulf Coast Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 634 originations. The next most common DTI ratio? 30-36%, with 538 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,315 $579,835,000 $250,469 $4,678 3.22%
    Not applicable 492 $145,280,000 $295,285 $0 5.09%
    Black 268 $60,210,000 $224,664 $5,634 3.55%
    Asian 109 $26,655,000 $244,541 $4,170 3.19%
    Not provided 95 $23,155,000 $243,737 $4,119 3.13%
    American Indian 12 $2,700,000 $225,000 $5,038 3.39%
    Native Hawaiian or Islander 9 $2,425,000 $269,444 $3,999 3.36%

    Approval Rates

    Total approvals of all applications
    93.12%

    Gulf Coast Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.00%

    Gulf Coast Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,300 $840,260,000 $254,624

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 4 $1,930,000 $482,500
    Multifamily:Site-Built 73 $34,085,000 $466,918
    Single Family (1-4 Units):Site-Built 3,223 $804,245,000 $249,533

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 185 $36,465,000 $197,108 $3,461 3.57%
    40-60% 403 $97,545,000 $242,047 $3,692 3.29%
    60-80% 1,346 $358,400,000 $266,270 $4,141 3.69%
    80-100% 1,243 $319,335,000 $256,907 $5,466 3.30%
    Over 100% 23 $10,115,000 $439,783 $10,931 3.10%
    Under 20% 34 $3,280,000 $96,471 $4,235 5.02%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Gulf Coast Bank and Trust Company 1110 Highway 190 Covington, LA 70433 Full Service B&M $93,907
    Gulf Coast Bank and Trust Company 13906 Perkins Rd Baton Rouge, LA 70810 Full Service B&M $70,775
    Gulf Coast Bank and Trust Company 1801 East Judge Perez Chalmette, LA 70043 Full Service B&M $61,191
    Gulf Coast Bank and Trust Company 1825 Veterans Highway Metairie, LA 70005 Full Service B&M $204,483
    Gulf Coast Bank and Trust Company 1900 Oak Harbor Blvd Slidell, LA 70458 Full Service B&M $77,671
    Gulf Coast Bank and Trust Company 1901 Manhattan Boulevard, Building F, Suite 103 Harvey, LA 70058 Full Service B&M $119,122
    Gulf Coast Bank and Trust Company 200 St. Charles Avenue New Orleans, LA 70130 Limited, Mobile/Seasonal Office $0
    Gulf Coast Bank and Trust Company 200 St. Charles Avenue New Orleans, LA 70130 Full Service B&M $403,565
    Gulf Coast Bank and Trust Company 201 Huey P Long Ave Gretna, LA 70053 Full Service B&M $87,177
    Gulf Coast Bank and Trust Company 201 North Carrollton Ave. New Orleans, LA 70119 Full Service B&M $37,461
    Gulf Coast Bank and Trust Company 215 Celebration Place Suite 300 Kissimmee, FL 34747 Full Service B&M $52,067
    Gulf Coast Bank and Trust Company 300 West Morris Avenue Hammond, LA 70404 Full Service B&M $35,665
    Gulf Coast Bank and Trust Company 3200 Magazine Street New Orleans, LA 70115 Full Service B&M $38,583
    Gulf Coast Bank and Trust Company 3410 Williams Boulevard Kenner, LA 70065 Full Service B&M $121,622
    Gulf Coast Bank and Trust Company 423 East Boston Street Covington, LA 70433 Full Service B&M $82,235
    Gulf Coast Bank and Trust Company 4565 Lasalle Street Mandeville, LA 70471 Full Service B&M $38,828
    Gulf Coast Bank and Trust Company 5001 Veterans Boulevard Metairie, LA 70006 Full Service B&M $130,242
    Gulf Coast Bank and Trust Company 5949 Sherry Lane, Suite 785 Dallas, TX 75225 Full Service B&M $1,597
    Gulf Coast Bank and Trust Company 7235 Jefferson Highway Baton Rouge, LA 70806 Full Service B&M $52,852
    Gulf Coast Bank and Trust Company 737 Terry Pkwy Gretna, LA 70056 Full Service B&M $88,867
    Gulf Coast Bank and Trust Company 8216 West Judge Perez Drive Chalmette, LA 70043 Full Service B&M $112,221
    Gulf Coast Bank and Trust Company 848 Harrison Avenue New Orleans, LA 70124 Full Service B&M $101,126

    For 2020, Gulf Coast Bank And Trust Company had 22 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $141,119
    Net interest income $125,807
    Total noninterest income $52,896
    Gross Fiduciary activities income $2,182
    Service charges on deposit accounts $4,179
    Trading account gains and fees $-200
    Additional Noninterest Income $46,735
    Pre-tax net operating income $28,200
    Securities gains (or losses, -) $227
    Income before extraordinary items $22,710
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $22,710
    Minority interest net income $0
    Net income $22,710
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $22,528

    Gulf Coast Bank And Trust Company's gross interest income from loans was $141,119,000.
    Gulf Coast Bank And Trust Company's net interest income from loans was $125,807,000.
    Gulf Coast Bank And Trust Company's fee based income from loans was $4,179,000.
    Gulf Coast Bank And Trust Company's net income from loans was $22,710,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $15,312
    Provision for credit losses $17,402
    Total noninterest expense $133,101
    Salaries and employee benefits $94,646
    Premises and equipment expense $7,215
    Additional noninterest expense $31,240
    Applicable income taxes $5,717
    Net charge-offs $6,838
    Cash dividends $3,381

    Gulf Coast Bank And Trust Company's interest expense for loans was $15,312,000.
    Gulf Coast Bank And Trust Company's payroll and benefits expense were $94,646,000.
    Gulf Coast Bank And Trust Company's property, plant and equipment expenses $7,215,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 2.0%
    Personal loans 1.0%
    Credit card loans 0.9%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $2,059,287
    Deposits held in domestic offices $2,059,287
    Deposits by Individuals, partnerships, and corporations $1,926,369
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $96,887
    Deposits by Commercial banks and other depository institutions in U.S. $36,031
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $440,894
    Demand deposits $138,994
    Nontransaction accounts $1,618,393
    Money market deposit accounts (MMDAs) $275,453
    Other savings deposits (excluding MMDAs) $1,073,363
    Total time deposits $269,577
    Total time and savings deposits $1,920,293
    Noninterest-bearing deposits $134,094
    Interest-bearing deposits $1,925,193
    Retail deposits $1,973,090
    IRAs and Keogh plan accounts $35,051
    Brokered deposits $33,476
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,296,578
    Cash & Balances due from depository institutions $154,231
    Interest-bearing balances $114,651
    Total securities $250,033
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,802,422
    Loan and leases loss allowance $29,460
    Trading account assets $3,626
    Bank premises and fixed assets $49,422
    Other real estate owned $1,203
    Goodwill and other intangibles $4,285
    All other assets $31,356

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,296,578
    Total Liabilities $2,103,525
    Total deposits $2,059,287
    Interest-bearing deposits $1,925,193
    Deposits held in domestic offices $2,059,287
    % insured (estimated) $78
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $21,102
    Subordinated debt $0
    All other liabilities $23,136

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,802,422
    Loan and leases loss allowance $29,460
    Total loans and leases (domestic) $1,831,882
    All real estate loans $1,017,676
    Real estate loans in domestic offices $1,017,676
    Construction and development loans $123,630
    Residential 1-4 family construction $98,075
    Other construction, all land development and other land $25,555
    Loans secured by nonfarm nonresidential properties $443,480
    Nonfarm nonresidential secured by owner-occupied properties $232,915
    Commercial real estate & other non-farm, non-residential $210,565
    Multifamily residential real estate $58,923
    1-4 family residential loans $391,194
    Farmland loans $449
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $787,234
    To non-U.S. addressees $0
    Loans to individuals $26,972
    Credit card loans $2,236
    Related Plans $0
    Consumer Auto Loans $46
    Other loans to individuals $24,690
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $3,538
    Non 1-4 family restructured loans & leases $2,847
    Total loans and leases (foreign) $0

    Gulf Coast Bank and Trust Company had $1,802,422,000 of loans outstanding in 2020. $1,017,676,000 of loans were in real estate loans. $123,630,000 of loans were in development loans. $58,923,000 of loans were in multifamily mortgage loans. $391,194,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $2,236,000 of loans were in credit card loans. $46,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 1,254 $238,994 $190,585
    Nonfarm, nonresidential loans - <$100k 150 $6,019 $40,127
    Nonfarm, nonresidential loans - $100-250k 469 $52,084 $111,053
    Nonfarm, nonresidential loans - $250k-1MM 635 $180,891 $284,868
    Commercial & Industrial, US addressed loans - <$1MM 3,114 $231,737 $74,418
    Commercial & Industrial, US addressed loans - <$100k 1,736 $43,588 $25,108
    Commercial & Industrial, US addressed loans - $100-250k 763 $51,461 $67,446
    Commercial & Industrial, US addressed loans - $250k-1MM 615 $136,688 $222,257
    Farmland loans - <$1MM 5 $444 $88,800
    Farmland loans - <$100k 2 $137 $68,500
    Farmland loans - $250k-1MM 3 $307 $102,333