Gulf Coast Bank
Gulf Coast Bank
Overview / Commentary
Gulf Coast Bank is headquartered in ABBEVILLE and is the 41st largest bank in the state of Louisiana. It is also the 1,819th largest bank in the nation. It was established in 1971 and as of September of 2024, it had grown to 126 employees at 9 locations. Gulf Coast Bank has a B+ health rating.
Health
B+
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 20353 |
| Year Established | 1971 |
| Employees | 126 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.12% |
| Return on Equity - YTD | 9.93% |
| Annual Interest Income | $18.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $492.9MM$487.9MM |
| Loans | Q3 2024vs Q3 2023 | $299.6MM$289.2MM |
| Deposits | Q3 2024vs Q3 2023 | $427.6MM$434.5MM |
| Equity Capital | Q3 2024vs Q3 2023 | $60.7MM$49.6MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $3.2MM$3.2MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $967K$1.4MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $1MM$87K |