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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Mortgage Data

Bank Data

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 an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New Orleans, Baton Rouge, Hammond, Houma, and Gulfport among others. We have data for 67 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% 4/28/24
30 Year Conventional Purchase 6.67% 4/28/24
30 Year Conventional Refi 6.43% 4/28/24
30 Year Cash-out Refi 6.68% 4/28/24
30 Year FHA Purchase 7.25% 4/28/24
30 Year FHA Refi 7.06% 4/28/24
30 Year VA Purchase 6.39% 4/28/24
30 Year USDA Purchase 6.76% 4/28/24
15 Year Conventional Purchase 6.20% 4/28/24
15 Year Conventional Refi 5.79% 4/28/24
15 Year Cash-out Refi 5.79% 4/28/24
15 Year FHA Refi 7.09% 4/28/24
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

2,964

Origination Dollar Volume (All Markets)

$804,950,000

Employee count

718 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) 2,125 $580,445,000 $273,151 $5,631 3.70%
BATON ROUGE, LA (FHA|USDA|VA) 274 $70,250,000 $256,387 $5,684 3.24%
HAMMOND, LA (FHA|USDA|VA) 206 $48,810,000 $236,942 $6,309 3.16%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 90 $22,040,000 $244,889 $5,595 2.98%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 41 $10,125,000 $246,951 $5,477 3.76%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 23 $8,345,000 $362,826 $5,506 3.14%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 17 $7,535,000 $443,235 $7,040 3.79%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 19 $6,995,000 $368,158 $5,084 3.07%
Picayune, MS (FHA|USDA|VA) 17 $3,655,000 $215,000 $5,248 3.74%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $3,565,000 $396,111 $6,477 3.03%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 10 $3,320,000 $332,000 $4,713 2.76%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $3,220,000 $268,333 $5,420 2.90%
LAFAYETTE, LA (FHA|USDA|VA) 13 $2,415,000 $185,769 $5,520 3.95%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $2,410,000 $602,500 $5,103 3.34%
Bogalusa, LA (FHA|USDA|VA) 9 $2,365,000 $262,778 $5,784 3.13%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 8 $2,350,000 $293,750 $4,190 3.29%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $2,145,000 $238,333 $4,283 3.65%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,935,000 $645,000 $5,117 3.00%
Outside of Metro Areas 7 $1,865,000 $266,429 $4,859 3.04%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $1,865,000 $621,667 $5,110 3.04%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $1,765,000 $353,000 $4,850 2.75%
Cullman, AL (FHA|USDA|VA) 2 $1,280,000 $640,000 $12,524 4.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 3 $915,000 $305,000 $5,210 3.00%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $900,000 $450,000 $6,369 4.19%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $850,000 $212,500 $4,089 3.06%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $740,000 $370,000 $10,029 4.31%
Heber, UT (FHA|USDA|VA) 1 $645,000 $645,000 $0 3.50%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $625,000 $625,000 $10,706 4.50%
Ruston, LA (FHA|USDA|VA) 2 $610,000 $305,000 $7,871 2.75%
MOBILE, AL (FHA|USDA|VA) 1 $595,000 $595,000 $0 4.26%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $590,000 $295,000 $3,856 3.31%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $580,000 $290,000 $3,819 3.40%
KNOXVILLE, TN (FHA|USDA|VA) 3 $555,000 $185,000 $3,157 3.17%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $545,000 $545,000 $3,900 2.63%
Milledgeville, GA (FHA|USDA|VA) 1 $535,000 $535,000 $8,323 3.75%
PANAMA CITY, FL (FHA|USDA|VA) 1 $495,000 $495,000 $14,719 2.88%
RENO, NV (FHA|USDA|VA) 1 $475,000 $475,000 $8,572 3.00%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $445,000 $445,000 $5,060 2.50%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $415,000 $415,000 $1,946 2.75%
Sevierville, TN (FHA|USDA|VA) 1 $315,000 $315,000 $4,330 3.88%
Bay City, TX (FHA|USDA|VA) 1 $305,000 $305,000 $9,224 2.50%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $0 3.88%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $295,000 $295,000 $5,487 2.75%
TYLER, TX (FHA|USDA|VA) 1 $275,000 $275,000 $3,558 2.63%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $275,000 $275,000 $2,782 2.63%
GAINESVILLE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $9,089 2.63%
Cullowhee, NC (FHA|USDA|VA) 1 $255,000 $255,000 $4,678 2.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $255,000 $255,000 $3,502 3.13%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,125 2.63%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $235,000 $235,000 $3,203 2.75%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $205,000 $205,000 $2,819 2.75%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.88%
TOLEDO, OH (FHA|USDA|VA) 1 $205,000 $205,000 $3,347 2.75%
Okeechobee, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,980 2.88%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.88%
BELLINGHAM, WA (FHA|USDA|VA) 1 $195,000 $195,000 $2,106 3.63%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,265 2.50%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $3,232 2.38%
TULSA, OK (FHA|USDA|VA) 1 $175,000 $175,000 $6,575 2.63%
AKRON, OH (FHA|USDA|VA) 1 $165,000 $165,000 $3,860 3.13%
Opelousas, LA (FHA|USDA|VA) 1 $155,000 $155,000 $6,567 2.50%
MONTGOMERY, AL (FHA|USDA|VA) 1 $145,000 $145,000 $3,437 2.50%
Palestine, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,109 3.00%
JACKSON, MS (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.60%
Morgan City, LA (FHA|USDA|VA) 2 $110,000 $55,000 $0 3.50%
MONROE, LA (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.13%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $75,000 $75,000 $2,531 2.88%
Gulf Coast Bank And Trust Company's top markets include New Orleans, Baton Rouge, Hammond, Houma, and Gulfport among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,308 $643,150,000 $278,661 $5,109 3.54%
    FHA 269 $63,735,000 $236,933 $8,295 2.95%
    HELOC 220 $55,050,000 $250,227 n/a 5.21%
    USDA 90 $17,070,000 $189,667 $5,789 2.78%
    VA 77 $25,945,000 $336,948 $8,420 2.77%

    For 2021, Gulf Coast Bank And Trust Company's most frequently originated type of loan was Conventional, with 2,308 originations. Their 2nd most popular type was FHA, with 269 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,891 $530,505,000 $280,542 $6,406 3.64%
    Refi 663 $179,815,000 $271,214 $4,258 3.36%
    Cash Out Refi 269 $67,045,000 $249,238 $4,695 3.18%
    Other 72 $14,840,000 $206,111 $4,074 3.89%
    Home Improvement 69 $12,745,000 $184,710 $4,894 4.70%

    For 2021, Gulf Coast Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 1,891 originations. The 2nd most popular reason was Refi, with 663 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,681 $444,955,000 $264,697 $5,495 3.05%
    20 Year 314 $75,530,000 $240,541 $3,997 4.69%
    Other 282 $78,110,000 $276,986 $4,541 4.88%
    30+ year 278 $111,860,000 $402,374 $8,193 3.78%
    15 Year 220 $47,690,000 $216,773 $4,005 2.79%
    1 Year 163 $42,335,000 $259,724 $0 5.11%
    10 Year 23 $3,735,000 $162,391 $4,084 3.40%
    3 Year 3 $735,000 $245,000 $0 4.73%

    For 2021, Gulf Coast Bank And Trust Company's most frequently cited loan duration was 30 Year, with 1,681 originations. The 2nd most popular length was 20 Year, with 314 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,419 $367,955,000 $259,306
    $2k-3k 229 $58,965,000 $257,489
    $3k-4k 211 $65,415,000 $310,024
    $4k-5k 144 $63,760,000 $442,778
    $5k+ 67 $30,455,000 $454,552
    $<1k 29 $7,115,000 $245,345

    Gulf Coast Bank And Trust Company's average total fees were $5,495, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,419 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 913 $247,925,000 $271,550
    3-4% 857 $252,605,000 $294,755
    4-5% 574 $172,480,000 $300,488
    <2.5% 344 $82,020,000 $238,430
    5-6% 247 $46,685,000 $189,008
    6-7% 22 $2,820,000 $128,182
    Over 8% 4 $190,000 $47,500
    7-8% 3 $225,000 $75,000

    During 2021, Gulf Coast Bank And Trust Company's average interest rate for loans was 3.05%, while their most frequently originated rate bucket for loans was 2.5-3%, with 913 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,336 $373,950,000 $279,903 $5,813 3.39%
    $100k-200k 917 $140,695,000 $153,430 $4,491 3.61%
    $400k-600k 410 $197,660,000 $482,098 $7,347 3.55%
    $100,000 or less 213 $15,445,000 $72,512 $3,426 4.38%
    $600k-1MM 65 $47,025,000 $723,462 $8,988 3.87%
    $1MM+ 23 $30,175,000 $1,311,957 $9,150 4.11%

    2021 saw Gulf Coast Bank And Trust Company place emphasis on $200k-400k loans with 1,336 originations, totaling $373,950,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 540 $113,890,000 $210,907 $5,294 3.11%
    $100k-150k 489 $151,595,000 $310,010 $6,092 3.27%
    $75k-100k 420 $106,400,000 $253,333 $5,816 3.14%
    $150k-250k 346 $125,710,000 $363,324 $6,202 3.33%
    $50k or less 317 $50,715,000 $159,984 $4,921 3.04%
    $250k+ 177 $79,205,000 $447,486 $6,120 3.40%

    Gulf Coast Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 540 originations. The second most popular income band? $100k-150k, with 489 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 500 $130,710,000 $261,420 $5,022 3.11%
    30-36% 433 $117,835,000 $272,136 $5,576 3.14%
    <20% 150 $42,130,000 $280,867 $4,705 3.10%
    44% 114 $33,050,000 $289,912 $6,304 3.36%
    40% 97 $26,605,000 $274,278 $5,925 3.23%
    50-60% 96 $24,350,000 $253,646 $8,160 2.96%
    42% 95 $29,425,000 $309,737 $6,407 3.25%
    37% 93 $23,925,000 $257,258 $5,614 3.26%
    39% 90 $28,070,000 $311,889 $6,014 3.29%
    45% 89 $21,895,000 $246,011 $5,243 3.25%
    41% 89 $27,455,000 $308,483 $6,076 3.22%
    38% 82 $24,830,000 $302,805 $6,375 3.24%
    43% 80 $22,500,000 $281,250 $5,936 3.28%
    36% 64 $15,220,000 $237,813 $5,044 3.21%
    46% 56 $15,850,000 $283,036 $5,680 2.97%
    49% 52 $15,130,000 $290,962 $6,096 3.06%
    47% 51 $11,575,000 $226,961 $5,379 3.12%
    48% 47 $12,605,000 $268,191 $6,216 3.08%

    Gulf Coast Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 500 originations. The next most common DTI ratio? 30-36%, with 433 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,785 $498,765,000 $279,420 $5,500 3.17%
    Not applicable 616 $159,890,000 $259,562 $0 4.98%
    Black 329 $82,175,000 $249,772 $6,512 3.32%
    Not provided 120 $34,340,000 $286,167 $5,912 3.18%
    Asian 95 $24,695,000 $259,947 $5,402 3.21%
    American Indian 17 $4,485,000 $263,824 $6,064 3.10%
    Native Hawaiian or Islander 2 $600,000 $300,000 $7,250 2.81%

    Approval Rates

    Total approvals of all applications
    94.18%

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

    Pick Rate

    Approvals leading to origination
    77.70%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,964 $804,950,000 $271,576

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,964 $804,950,000 $271,576

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 132 $26,350,000 $199,621 $3,718 3.72%
    40-60% 334 $87,740,000 $262,695 $4,168 3.42%
    60-80% 1,166 $325,220,000 $278,919 $5,012 3.85%
    80-100% 1,176 $333,460,000 $283,554 $6,346 3.16%
    Over 100% 22 $7,510,000 $341,364 $13,670 2.90%
    Under 20% 32 $3,790,000 $118,438 $2,917 5.18%

    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 $113,082
    Gulf Coast Bank and Trust Company 13906 Perkins Rd Baton Rouge, LA 70810 Full Service B&M $65,019
    Gulf Coast Bank and Trust Company 1801 East Judge Perez Chalmette, LA 70043 Full Service B&M $76,490
    Gulf Coast Bank and Trust Company 1825 Veterans Highway Metairie, LA 70005 Full Service B&M $263,068
    Gulf Coast Bank and Trust Company 1900 Oak Harbor Blvd Slidell, LA 70458 Full Service B&M $95,705
    Gulf Coast Bank and Trust Company 1901 Manhattan Boulevard, Building F, Suite 103 Harvey, LA 70058 Full Service B&M $145,371
    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 $429,336
    Gulf Coast Bank and Trust Company 201 Huey P Long Ave Gretna, LA 70053 Full Service B&M $108,738
    Gulf Coast Bank and Trust Company 201 North Carrollton Ave. New Orleans, LA 70119 Full Service B&M $50,241
    Gulf Coast Bank and Trust Company 300 West Morris Avenue Hammond, LA 70404 Full Service B&M $40,413
    Gulf Coast Bank and Trust Company 3200 Magazine Street New Orleans, LA 70115 Full Service B&M $48,370
    Gulf Coast Bank and Trust Company 3410 Williams Boulevard Kenner, LA 70065 Full Service B&M $157,568
    Gulf Coast Bank and Trust Company 423 East Boston Street Covington, LA 70433 Full Service B&M $112,887
    Gulf Coast Bank and Trust Company 4565 Lasalle Street Mandeville, LA 70471 Full Service B&M $52,800
    Gulf Coast Bank and Trust Company 5001 Veterans Boulevard Metairie, LA 70006 Full Service B&M $140,495
    Gulf Coast Bank and Trust Company 7235 Jefferson Highway Baton Rouge, LA 70806 Full Service B&M $60,671
    Gulf Coast Bank and Trust Company 737 Terry Pkwy Terrytown, LA 70056 Full Service B&M $96,951
    Gulf Coast Bank and Trust Company 8216 West Judge Perez Drive Chalmette, LA 70043 Full Service B&M $145,893
    Gulf Coast Bank and Trust Company 848 Harrison Avenue New Orleans, LA 70124 Full Service B&M $129,792

    For 2021, Gulf Coast Bank And Trust Company had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $173,041
    Net interest income $163,495
    Total noninterest income $54,634
    Gross Fiduciary activities income $2,503
    Service charges on deposit accounts $4,869
    Trading account gains and fees $320
    Additional Noninterest Income $46,942
    Pre-tax net operating income $61,360
    Securities gains (or losses, -) $315
    Income before extraordinary items $48,468
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $48,468
    Minority interest net income $0
    Net income $48,468
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $48,219

    Gulf Coast Bank And Trust Company's gross interest income from loans was $173,041,000.
    Gulf Coast Bank And Trust Company's net interest income from loans was $163,495,000.
    Gulf Coast Bank And Trust Company's fee based income from loans was $4,869,000.
    Gulf Coast Bank And Trust Company's net income from loans was $48,468,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $9,546
    Provision for credit losses $8,188
    Total noninterest expense $148,581
    Salaries and employee benefits $105,055
    Premises and equipment expense $8,224
    Additional noninterest expense $35,302
    Applicable income taxes $13,207
    Net charge-offs $14,041
    Cash dividends $4,579

    Gulf Coast Bank And Trust Company's interest expense for loans was $9,546,000.
    Gulf Coast Bank And Trust Company's payroll and benefits expense were $105,055,000.
    Gulf Coast Bank And Trust Company's property, plant and equipment expenses $8,224,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    Personal loans 1.0%
    Credit card loans 2.0%
    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 $2,552,602
    Deposits held in domestic offices $2,552,602
    Deposits by Individuals, partnerships, and corporations $2,404,274
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $123,043
    Deposits by Commercial banks and other depository institutions in U.S. $25,285
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,704,133
    Demand deposits $700,633
    Nontransaction accounts $848,469
    Money market deposit accounts (MMDAs) $328,205
    Other savings deposits (excluding MMDAs) $311,535
    Total time deposits $208,729
    Total time and savings deposits $1,851,969
    Noninterest-bearing deposits $692,331
    Interest-bearing deposits $1,860,271
    Retail deposits $2,490,423
    IRAs and Keogh plan accounts $33,785
    Brokered deposits $15,936
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,823,154
    Cash & Balances due from depository institutions $292,089
    Interest-bearing balances $238,745
    Total securities $635,723
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,798,736
    Loan and leases loss allowance $23,607
    Trading account assets $5,239
    Bank premises and fixed assets $51,829
    Other real estate owned $666
    Goodwill and other intangibles $6,315
    All other assets $32,557

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,823,154
    Total Liabilities $2,588,515
    Total deposits $2,552,602
    Interest-bearing deposits $1,860,271
    Deposits held in domestic offices $2,552,602
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $8,080
    Subordinated debt $0
    All other liabilities $27,833

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,798,736
    Loan and leases loss allowance $23,607
    Total loans and leases (domestic) $1,822,343
    All real estate loans $1,036,562
    Real estate loans in domestic offices $1,036,562
    Construction and development loans $145,432
    Residential 1-4 family construction $122,705
    Other construction, all land development and other land $22,727
    Loans secured by nonfarm nonresidential properties $440,253
    Nonfarm nonresidential secured by owner-occupied properties $222,115
    Commercial real estate & other non-farm, non-residential $218,138
    Multifamily residential real estate $59,993
    1-4 family residential loans $390,605
    Farmland loans $279
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $759,991
    To non-U.S. addressees $0
    Loans to individuals $25,790
    Credit card loans $2,577
    Related Plans $0
    Consumer Auto Loans $28
    Other loans to individuals $23,185
    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 $2,789
    Non 1-4 family restructured loans & leases $2,546
    Total loans and leases (foreign) $0

    Gulf Coast Bank and Trust Company had $1,798,736,000 of loans outstanding in 2021. $1,036,562,000 of loans were in real estate loans. $145,432,000 of loans were in development loans. $59,993,000 of loans were in multifamily mortgage loans. $390,605,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $2,577,000 of loans were in credit card loans. $28,000 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 1,127 $247,180 $219,326
    Nonfarm, nonresidential loans - <$100k 120 $5,438 $45,317
    Nonfarm, nonresidential loans - $100-250k 405 $51,444 $127,022
    Nonfarm, nonresidential loans - $250k-1MM 602 $190,298 $316,110
    Commercial & Industrial, US addressed loans - <$1MM 4,366 $298,004 $68,256
    Commercial & Industrial, US addressed loans - <$100k 2,682 $58,844 $21,940
    Commercial & Industrial, US addressed loans - $100-250k 953 $70,695 $74,182
    Commercial & Industrial, US addressed loans - $250k-1MM 731 $168,465 $230,458
    Farmland loans - <$1MM 3 $279 $93,000
    Farmland loans - <$100k 2 $112 $56,000
    Farmland loans - $100-250k 1 $167 $167,000