GulfSouth Private Bank

GulfSouth Private Bank is headquartered in Destin and is the 142^nd largest bank in the state of Florida. It is also the 3,483^rd largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 27 employees at 4 locations. GulfSouth Private Bank has a 1-star health rating.

GulfSouth Private Bank Routing Number: 063215900

Data for Q1 2012

Institution Statistics GulfSouth Private Bank FDIC Certificate # 58073 BankRate Report View Year Established 2005 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $173.55 million Loans $116.00 million Deposits $160.81 million Equity Capital $7.44 million Loan Loss Allowance $4.53 million Unbacked Noncurrent Loans $23.81 million Real Estate Owned $6.13 million Historic Data - March 2011 Assets $197.55 million Equity Capital $16.18 million Loan Loss Allowance $4.71 million Unbacked Noncurrent Loans $19.40 million Real Estate Owned $5.50 million Profit Margin - Quarterly Net Interest Margin 2.54% Return on Assets -1.11% Return on Equity -25.21% Interest Income $1.50 million

Institution Health Overall Score: 1 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 GulfSouth Private Bank had $29.94 million in non-current loans and owned real-estate with $11.97 million in equity and loan loss allowances on hand to cover it. This gives GulfSouth Private Bank a Texas Ratio of 250.06% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for GulfSouth Private Bank increased slightly from 119.26% as of March 31, 2011 to 250.06% as of March 31, 2012, resulting in a negative change of 109.69%. This indicates that the balance sheet and financial strength for GulfSouth Private Bank has declined slightly in recent periods. Deposit Growth In the past year, GulfSouth Private Bank has decreased its total deposits by -$15.26 million, resulting in -8.67% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth GulfSouth Private Bank has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. GulfSouth Private Bank has $173.55 million in assets with $11.97 million in equity, resulting in a capitalization level of 6.90%, which is below average.

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