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Recipes for Success

Table of ContentsForeword2

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34

President's Letter

2019 Financial Highlights

Recipe: Crab Salad with Endive

La Carreta & Si Señor Taqueria

Del Porto Ristorante

Pastime Restaurant

Recipe: Louisiana Blackened Redfish

Austin's Seafood & Steakhouse

Seed

Rocky & Carlo's Restaurant & Bar

Gus Riess Spotlight

Recipe: Baked Macaroni & Cheese

Café Hope

Board of Directors

Management Team

Services

Recipe: Spicy Candied Pecans

Locations

If happiness is good food and great

company, we are truly happy here at

Gulf Coast Bank & Trust Company! We live

in a culinary capital known all over the world

for the iconic dishes we serve. Additionally,

Gulf Coast Bank has excellent clients,

who, through their personal and business

endeavors, make the world a better place.

In this 2019 edition of our annual report,

we’re pleased to share with you the financial

progress of Gulf Coast Bank, and also the

amazing accomplishments of our partner

clients and outstanding employees.

Life on the Gulf Coast is endlessly delicious. So pull up a chair, take a taste and join the feast.

BoNAppéTIt!

Dear Friends,

As any good cook knows, it takes both great ingredients and effort to make great food. This is true here at Gulf Coast Bank & Trust Company. 2019 was a banner year for the bank due to the ingredients of our outstanding customers, dedicated employees and our core mission of doing the right thing. We are committed to serving the financial needs of our customers, whether that is the purchase of a first home, a business loan to open a neighborhood restaurant, or help in developing a solid retirement plan.

Among the significant milestones of 2019 were pre-tax earnings of $30,771,804 and total equity capital at year-end of $168,521,853.

Famous chef and cookbook author Julia Child said, "No one is born a great cook. One learns by doing."

We are lifelong learners at Gulf Coast Bank and continue to improve our team through both personal and professional development, including community leadership programs, continuing education seminars and graduate school programs in banking. The 650+ employees at Gulf Coast Bank are worth the continued investment.

Our success allowed us to give back to the community in significant ways. We have raised over $1 million through our Auctions in August program over its 13 years. We also provided both publicity and funding for our local non-profit community through our Community Rewards Contest, which distributed $75,000.

The Gulf Coast Bank Foundation, established in 2019, awarded funds to a number of non-profits, charities and causes that serve the people in South Louisiana. One such organization is Café Hope, a non-profit culinary arts and life skills program serving youth aged 17–24 in the Greater New Orleans area. You'll see what is being served up at Café Hope in the pages to follow.

We are looking forward to exciting opportunities in the year ahead. With the continued trust of our customers and the continued dedication of our employees, I have no doubt that we will achieve amazing results. In the meantime, the "House Rules" remain...Good Food, Good People, Good Times! Life is too short for anything less!

Red Beans & Ricely Yours,

Guy T. Williams, President & CEO

From the President

2 GULF COAST BANK 2019 ANNUAL REPORT 3GULF COAST BANK 2019 ANNUAL REPORT

TOTAL EQUITY CAPITAL 1990–2019 (IN THOUSANDS)

$160,000

$180,000

$140,000

$120,000

$100,000

$80,000

$60,000

$40,000

$20,000

$01990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Measuring Our SuccessFinancial Highlights Statements of financial condition and operations, years ended

December 31, 2019 and December 31, 2018 (in thousands).

GULF COAST BANK ASSETS 2019 2018 CHANGE

Cash & Due From Banks

Investment Securities

Loans

Other Assets

TOTAL ASSETS

$133,154

$196,154

$1,407,630

$83,664

$1,820,602

$113,978

$133,316

$1,380,617

$73,523

$1,701,434

16.8%

47.1 %

2.0%

13.8%

7.0%

LIABILITIES & EQUITY 2019 2018 CHANGE

Deposits

Borrowings

Other Liabilities

Equity Capital

TOTAL LIABILITIES & EQUITY

$1,609,550

$24,095

$18,436

$168,521

$1,820,602

$1,520,581

$15,000

$17,050

$148,803

$1,701,434

5.9%

60.6%

8.1 %

13.3%

7.0%

STATEMENT OF OPERATIONS 2019 2018 CHANGE

Interest Income

Interest Expense

Loan Loss Provision

Non-Interest Income

Non-Interest Expense

Income Tax Expense

NET INCOME

6.5%

27.6%

-27.0%

3.7%

4.9%

663.0%

-1.4%

$137,686

$16,537

$10,621

$36,551

$119,118

$481

$27,480

)

)

)

)

(

(

(

(

$146,696

$21,093

$7,750

$37,888

$124,970

$3,670

$27,101

)

)

)

)

(

(

(

(

4 5GULF COAST BANK 2019 ANNUAL REPORT GULF COAST BANK 2019 ANNUAL REPORT

c'est Bon!

Crab Salad with Endive

16 Oz. Lump Crabmeat (preferably Pontchartrain Blue Crab)

2 Tbsp. Mayonnaise

2 Tsp. Dijon Mustard

4 Oz. Canned Artichoke Hearts, Drained & Chopped

Zest of 1 Lemon

Juice of ½ a Lemon

2 Tsp. Chopped Fresh Dillweed

Salt & Pepper to Taste

3 Endive Heads

SERVES4–6

TOTAL TIME 20 MINUTES

An elegant appetizer that’s easy to prepare and just happens to be healthy, too. Sweet, crisp and a perfect presentation.

In a medium bowl, mix the crab, mayonnaise, Dijon mustard,

artichokes, lemon zest, lemon juice, dillweed, salt and pepper.

Separate the endive leaves and trim the ends for a clean,

fresh cut. Arrange the leaves on a platter and generously

spoon the crab salad onto the trimmed end.

Optional: Garnish with more lemon zest and dillweed.

The Perfect Bite

6 7GULF COAST BANK 2019 ANNUAL REPORT GULF COAST BANK 2019 ANNUAL REPORT6 GULF COAST BANK 2019 ANNUAL REPORT

La Carreta & Si Señor Taqueria

Culture & Cuisine

When it comes to restaurant success, for Saul Rubio,

it’s all about culture. The majority of his restaurants are

inspired by his native Mexico, but it’s the corporate culture

of his employees that matters most to Rubio. Growing up,

his mother ran a small restaurant in their home. Treating

diners like guests at your own table is the number one

lesson Saul stresses to every employee.

He opened his first restaurant in 1997. Now there are

12 La Carreta’s and a growing number of other restaurant

concepts under Rubio’s umbrella. Si Señor Taqueria in

Hammond is his newest addition to the culinary scene.

I chose Hammond for my first restaurant because the

business community was so supportive and welcoming.

Our relationship with Gulf Coast Bank is a great example

of that community feeling. Gulf Coast Bank has played a

major role in our success.

Saul Rubio President & Owner, La Carreta & Si Señor Taqueria

“

SAUL RUBIO President & Owner, La Carreta & Si Señor Taqueria8 GULF COAST BANK 2019 ANNUAL REPORT 9

Del Porto RistoranteContemporary Italian Fare

Del Porto has been serving a fresh, seasonal take

on regional Italian cuisine in downtown Covington

for nearly two decades. The original tiny 10-table

location was open less than a year when it began to

win awards and acclaim. Today, it has earned a place

among Zagat’s Top Rated Restaurants and has been

honored by the James Beard Foundation. Del Porto

focuses on house-made, seasonal, farm-to-table

ingredients, craft cocktails and an extensive wine list.

Del Porto is a place where families and friends

gather to celebrate the milestones of life, or where

they go to enjoy a special meal with those they love.

The food, the service, the setting are all incredible,

and that is the draw for patrons who return week

after week. It is no surprise that they are located

right across the street from us at Gulf Coast Bank

— we are two organizations who work together and

are both a part of the fabric of this community.

Bruce Falkenstein Executive Vice President, Chief Lender, Gulf Coast Bank

“

DAVID SOLAZZO Chef & Owner, Del Porto Ristorante

BRUCE FALKENSTEIN Executive Vice President, Chief Lender, Gulf Coast Bank 11GULF COAST BANK 2019 ANNUAL REPORT10

Pastime RestaurantA Baton Rouge Tradition

It began as a grocery store in the 1920s, but geography

and LSU changed the future of Pastime. Alcohol sales

were prohibited within a one mile radius of LSU, but

Pastime's dance floor and air-conditioned bar were

just across the line. The restaurant became a popular

hangout for students, faculty and fans alike. Times

changed, laws were lifted, but the Baton Rouge tradition

continues. Generations have enjoyed pizza and passing

a good time at the red brick restaurant (now a historic

landmark) tucked under the Mississippi River Bridge.

Everyone knows Pastime as the place in town to meet

friends over a great pizza or a quick lunch before racing

to meetings at the state capitol or downtown. I think

it is such a privilege to partner with them as a bank —

knowing what a special place they hold in the hearts of

those in Baton Rouge and all across Louisiana.

Jennifer Boggs Commercial Lender, Gulf Coast Bank

“

RANDY WESLEY Owner, Pastime Restaurant12 GULF COAST BANK 2019 ANNUAL REPORT 13

leT'sEat!

Louisiana Blackened Redfish

2 Skinless Redfish Fillets, Rinsed & Patted Dry

1 Tbsp. Grapeseed Oil (Or Any Oil with a High Smoke Point)

1 Tbsp. Paul Prudhomme’s Blackened Redfish Magic

1 Tbsp. Dried Parsley

1 Tbsp. Dried Sweet Basil

SERVES2

TOTAL TIME 15–20 MINUTES

Straight from President Guy Williams’ kitchen. Get out your cast iron skillet for the perfect preparation of this Cajun classic.

Preheat a well-seasoned cast iron skillet on high and ensure

the kitchen exhaust fan is turned on.

Combine the dry ingredients to make a spice blend. Season

both sides of the fish liberally with the spice blend.

Once the skillet is hot, add oil and quickly place the fish in the

skillet. Let cook for 3 minutes (without moving it). Flip the fish

and cook for another 2–3 minutes.

Seasoned to Perfection

15GULF COAST BANK 2019 ANNUAL REPORT14 GULF COAST BANK 2019 ANNUAL REPORT

Austin’s Seafood & Steakhouse

Creole-Italian Cuisine

Mr. Ed’s Restaurant Group got its start in a store that sold baby furniture —

because that’s where Ed McIntyre met his wife Debra in 1984. Together they

opened their first restaurant, serving po-boys and hot lunches in Metairie.

Fast forward to 2020, and Mr. Ed’s name is

on the menu at seven restaurants across the

New Orleans metro area. The group also

includes a reception hall and Austin’s Seafood

& Steakhouse, named after his son.

If you look for Mr. Ed at any one of his restaurants,

chances are good you’ll find him hard at work in

the kitchen. These popular restaurants specialize

in serving up a variety of local favorites in a

friendly neighborhood atmosphere.

Gulf Coast Bank is the perfect partner for us. We specialize in neighborhood

restaurants and they’re a friendly, neighborhood kind of bank. They’ve helped

us grow and build our business over the years.

Ed McIntyre Owner, Mr. Ed's Restaurant Group ED MCINTYRE

Owner, Mr. Ed's Restaurant Group

SUSAN FAMULARO Market Manager, Vice President Commercial Lending, Gulf Coast Bank

“

16 GULF COAST BANK 2019 ANNUAL REPORT 17

SeedGreen & Groovy

A restaurant with a plant-based menu might

present a challenge for some entrepreneurs, but

not Aaron Vogel. Metairie-born Vogel has created

Seed, a dining experience to attract vegans as

well as people who may not follow a strictly plant-

based lifestyle.

Vogel is the co-founder of TurnChange, a

restaurant group focused on turning profits and

changing lives. The TurnChange team launched

their first restaurant, District Donuts Sliders Brew,

in 2013 in New Orleans. Now they have five

restaurants in Louisiana and a new location in

Las Vegas in The Cosmopolitan Hotel.

We are committed to executing an operation with

precision while caring deeply about the holistic

health of the people working in the business.

Gulf Coast Bank shares and supports our vision

and mission. That’s why we chose them as our

financial partner.

Aaron Vogel Owner, Seed

AARON VOGEL Owner, Seed

“

Aaron Vogel pictured with his banker, Michael Carter, Market Manager, VP Commercial

19GULF COAST BANK 2019 ANNUAL REPORT18

Rocky & Carlo's Restaurant & Bar

It's All in the Family

At Rocky and Carlo’s it’s about family. Five brothers left Italy and came to

Louisiana. Together they started a restaurant that opened the same year

Hurricane Betsy hit the state. Miraculously, the restaurant was untouched, and

Rocky & Carlo’s has been a gathering place for friends and family ever since.

Tommy Tommaseo is the son of one of the original

Sicilian uncles. He started working at Rocky & Carlo’s

at age twelve. Tommy understands the importance

of family to the business and to his customers too.

So much changed after Katrina. But not Rocky &

Carlo’s. Same ownership, same recipes and the

same love for our customers and our community.

Gulf Coast Bank does business like we do. Our

banker, Mr. Gus, has been around even longer than

the restaurant. If I need something, I can call or just

drop in, and they’ll get me what I need. They make

us happy — just like we make our customers happy.

Tommy Tommaseo Owner, Rocky & Carlo's

“

TOMMY TOMMASEO Owner, Rocky & Carlo's Restaurant & Bar20 GULF COAST BANK 2019 ANNUAL REPORT 21

If you’re from St. Bernard Parish, you probably know Mr. Gus from Gulf Coast Bank.

Gus Riess has plenty of reasons to be well known in “the Parish.”

Maybe it’s because his family has lived in the Chalmette area

for four generations. Or perhaps it’s because he played football

with LSU’s first Heisman Trophy winner Billy Cannon on the 1958

national championship team. But it’s probably because being a

community banker is the perfect job for a guy like Gus, who truly

loves his community.

Rocky & Carlo’s is a part of the community, just like Gulf Coast

Bank. We know our customers, and they know us. We’re always

gonna take care of you.

A 23-year veteran of Gulf Coast Bank, Gus has worked with

the Rocky & Carlo’s family for years, assisting them with their

personal and business banking needs. He’s also a regular twice-

a-week customer of the restaurant. His favorites? Shrimp, potato

salad, and, of course, spaghetti and meatballs.

Gus RiessBanker Extraordinare

“

GUS RIESS Market President–St. Bernard, Gulf Coast Bank 23GULF COAST BANK 2019 ANNUAL REPORT22

yum!

Baked Macaroni & Cheese

12 Oz. Pack Dried Long Macaroni (Perciatelli/Bucatini Pasta)

8 Oz. Half & Half

3 Eggs, Beaten

½ Stick Unsalted Butter, Sliced

1 Tsp. Salt

½ Tsp. Black Pepper

1 Lb. Shredded Sharp Cheddar Cheese

Cooking Spray

SERVES6–8

TOTAL TIME 1.5 HOURS

Over a half a century in the making, many consider this St. Bernard classic to be the pinnacle of baked macaroni and cheese.

Preheat the oven to 400 degrees. In a large pot, boil the

macaroni in salted water until slightly underdone or al dente.

In a medium bowl, mix the half & half, eggs, salt and pepper

until well combined.

Spray a large baking dish liberally with cooking spray. Spread

half of the cooked drained macaroni into the baking dish and

sprinkle with half of the shredded cheese. Add the remaining

macaroni and sprinkle the remaining cheese. Pour the egg

mixture over the entire dish.

Top the cheesy macaroni with pats of butter and place in the

oven uncovered for 20 minutes. Rotate the dish, cover with

foil and cook for another 20 minutes until the cheese is oozy

and melted. Cool slightly before serving and enjoy!

A Take onRocky & Carlo’s

24 25GULF COAST BANK 2019 ANNUAL REPORT GULF COAST BANK 2019 ANNUAL REPORT24 GULF COAST BANK 2019 ANNUAL REPORT

Café Hope

So Much More Than Food

Café Hope opened its doors in 2010. Its

mission is to recruit young people and train

them for hospitality industry jobs by running

a real-life café. As a non-profit organization,

Café Hope teaches youth from the ages of

17 to 24 skills that can be taken anywhere:

being organized, having a work ethic,

problem-solving and communication.

Gulf Coast Bank has been a partner and

active supporter of Café Hope from its

inception. Volunteers from the bank teach

financial literacy skills to the youth and assist

with fund-raising events.

We're not only cooking up great food, we're

creating bright futures. The best way to

support Café Hope is to come see us. You’ll

enjoy a great meal that’s about so much

more than food.

Luis Arocha Executive Director, Café HopeLUIS AROCHA

Executive Director, Café Hope

“

27GULF COAST BANK 2019 ANNUAL REPORT26

Board of DirectorsFrom Left to Right

TED LABORDE Retired, Managing Director, Marsh & McLennan

DAVID STRASSNER Geo-Scientist, Independent Operator & Producer of Oil & Gas, Strassner Management, LLC

JOYCE BERGERON Office of Compliance & Accounting, St. Bernard Parish Assessor’s Office

PHIL MULLINS Chief Financial Officer, Gulf Coast Marine

GUY WILLIAMS President & CEO, Gulf Coast Bank & Trust Company CHARLIE JUSTICE Attorney

DIETER HUGEL President, Gulf Coast Marine

2928

Management Team

From Left to Right

SLADE SIMONS Executive Vice President, Wealth Management & Trust

GREG HOLLIER Senior Vice President, Chief Financial Officer

SHEILA ENGLERT Director of Marketing

KIM CARVER Senior Vice President, Human Resources & Government Relations

GUY WILLIAMS President & CEO

STEPHEN DICKEY Senior Vice President, Consumer Banking Executive

EFFIE MOORE Senior Vice President, Security & Facilities

BRUCE FALKENSTEIN Executive Vice President, Chief Lending Officer

TOM CZERNIAK Senior Vice President, Information Technology & Operations

Gulf Coast Bank & Trust Services

Personal BankingDigital & Mobile BankingChecking & Savings AccountsCredit Cards, Pre-Paid Cards & Safety Deposit BoxesMoney Markets & Certificates of DepositIndividual Retirement Accounts & Health Savings AccountsConsumer Lending (Personal Loans & Home Equity Lines of Credit)Tuition Lending

Business BankingDigital & Mobile BankingChecking & Savings AccountsMoney Markets & Certificates of DepositBusiness Solutions & Cash ManagementCommercial LendingReal Estate Loans, Working Capital & Lines of CreditSmall Business Administration Program Lending

MortgageConventional Home LoansFHA, VA, USDA/Rural Development Loans Bond ProgramsConstruction Loans

Wealth Management & TrustInvestment Management ServicesFinancial & Retirement PlanningInsurancePersonal Trust ServicesRetirement & 401(k) Plans for Businesses

Business CreditFactoring & Accounts Receivable Financing

30 GULF COAST BANK 2019 ANNUAL REPORT 31

très bien

Spicy Candied Pecans

½ Cup Brown Sugar, Packed

⅓ Cup Granulated Sugar

1 Tbsp. Dried Thyme

1 Tsp. Kosher Salt

4–8 Dashes of TABASCO® Brand Original Red Sauce (depending on heat preference)

3 Cups Pecan Halves

1 Egg White

SERVES6–8

TOTAL TIME 30 MINUTES

Enjoy them by the handful, toss over salad, or make a big batch to give as gifts. These sweet and spicy Louisiana treats are hard to resist.

Preheat oven to 300 degrees. Line a baking sheet with

parchment paper. In a small bowl, mix together the brown

sugar, granulated sugar, dried thyme, salt and hot sauce.

Set aside.

In a medium bowl, whisk the egg white until foamy. Add

pecan halves and stir to combine. Add the sugar mixture and

toss to evenly coat the pecans.

Arrange the pecans in a single layer on the baking sheet.

Bake for 10 minutes, then stir. Bake 10 additional minutes, or

until the pecans are fragrant and no longer wet. Store in an

airtight container at room temperature.

Sweet Treat

32 33GULF COAST BANK 2019 ANNUAL REPORT GULF COAST BANK 2019 ANNUAL REPORT

Branch Locations

Carrollton201 N. Carrollton Ave., New Orleans, LA 70119504-544-6310 or 1-800-223-2060

Business Center1801 E. Judge Perez Dr., Chalmette, LA 70043504-569-1900 or 1-800-223-2060

Lakeview848 Harrison Ave., New Orleans, LA 70124504-539-7300 or 1-800-223-2060

Magazine3200 Magazine St., New Orleans, LA 70115504-841-6000 or 1-800-223-2060

Transcontinental5001 Veterans Blvd., Metairie, LA 70006504-539-7310 or 1-800-223-2060

Williams3410 Williams Blvd., Kenner, LA 70065504-565-3656 or 1-800-223-2060

Main Office200 St. Charles Ave., New Orleans, LA 70130504-561-6100 or 1-800-223-2060

Veterans1825 Veterans Blvd., Metairie, LA 70005504-841-2830 or 1-800-223-2060

Civic Center8216 W. Judge Perez Dr., Chalmette, LA 70043504-561-1300 or 1-800-223-2060

Eastbank

St. Bernard

Gretna201 Huey P. Long Ave., Gretna, LA 70053504-544-5599 or 1-800-223-2060

Boston Street423 E. Boston St., Covington, LA 70433985-646-6530 or 1-800-223-2060

Old Goodwood7235 Jefferson Hwy., Baton Rouge, LA 70806225-932-7272 or 1-800-223-2060

Mandeville – Highway 224565 LaSalle St., Mandeville, LA 70471985-249-7240 or 1-800-223-2060

Manhattan1901 Manhattan Blvd., Bldg. F, Ste. 100Harvey, LA 70058504-544-6350 or 1-800-223-2060

Covington1110 N. Hwy. 190, Covington, LA 70433985-898-3900 or 1-800-223-2060

Perkins13906 Perkins Rd., Baton Rouge, LA 70810225-763-2000 or 1-800-223-2060

Slidell1900 Oak Harbor Blvd., Slidell, LA 70461985-646-6500 or 1-800-223-2060

Terrytown737 Terry Pkwy., Terrytown, LA 70056504-561-6110 or 1-800-223-2060

Hammond300 W. Morris Ave., Hammond, LA 70403985-249-7272 or 1-800-223-2060

Westbank

Northshore

Baton Rouge

Office Locations

Gulf Coast Bank AccountingMetairie, Louisiana

Gulf Coast Business CreditAustin, TexasCorpus Christi, Texas

Amerifactors (Business Credit)Kissimmee, Florida

Phoenix Capital Group (Business Credit)Scottsdale, Arizona

United Capital Funding (Business Credit)St. Petersburg, Florida

Gulf Coast Bank Tuition ManagementGretna, Louisiana

Gulf Coast Bank Mortgage LendingDenham Springs, LouisianaDestin, FloridaMetairie, LouisianaOrlando, FloridaSarasota, FloridaThibodaux, Louisiana

Gulf Coast SBA LendingDallas, Texas

3534

36 GULF COAST BANK 2019 ANNUAL REPORT

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