This institution is no longer active
Operations ceased on May 7, 1994. CRA examination history below reflects the period it was active.
GULF SHORES BANK
CRYSTAL BEACH, TX · Supervised by FDIC
Institution Profile
FDIC BankFindAddress
157 Highway 87 At Driftwood Street, CRYSTAL BEACH, TX
County
Galveston County
Established
July 6, 1985
Total Assets
$15M(latest call report)
Financial Snapshot
As of Q1 1994Call Report / FDIC
Total Assets
$15M
Total Deposits
$13M
Net Loans
$4M
Net Income
$21K
ROA
0.57%
ROE
5.88%
Risk-Based Capital
26.09%
Total Assets — Last 8 Quarters
Total AssetsROA
Current Examination
CRA / FFIECOverall Rating
Satisfactory
Exam Date
September 1, 1993
Exam Type
Not Reported
Regulator
FDIC
Rating History
CRA / FFIEC1 previous rating locked — dating back to 1990
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Rating Over Time
🔒 LockedOutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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