Our Financials  

An advantage of trusting United Capital Funding with your accounts receivable financing is that our parent company, Gulf Coast Bank & Trust, publishes its financial information.

We provide this as a courtesy to our clients so that you can rest assured your money is safe. Many of our competitors do not provide their clients with this luxury, so if they decided to close their doors tomorrow, you’d have no warning.

Click here to read Gulf Coast Bank & Trust Company’s 2022 annual report. Our statement of financial condition and operations are also reflected in the figures below.

Gulf Coast Bank Assets (in thousands)
Cash & Due From Banks$184,784$292.089
Investment Securities$667,206$635,723
Other Assets$110,334$97,116
TOTAL ASSETS$3,069,873$2,823,154
Liabilities & Equity (in thousands)
Other Liabilities$33,500$27,833
Equity Capital$235,856$234,639
TOTAL LIABILITIES & EQUITY$3,069,873$2,823,154
Statement of Operations (in thousands)
Interest Income$216,535$173,041
Interest Expense($19,861)($9,546)
Loan Loss Provision($2,813)($8,188)
Non-Interest Income$42,757$55,081
Non-Interest Expense($170,907)($148,713)
Income Tax Expense($14,566)($13,207)
NET INCOME$51,146$48,468