Gulf Coast Bank

What Gulf Coast Bank does

Gulf Coast Bank is an FDIC-insured, privately held community bank headquartered in Abbeville, Louisiana, founded on February 1, 1971, by Charles A. Patout and operated today under third-generation Patout family leadership with CEO/Chairman Patrick Patout and President Jason C. Patout. The bank operates nine physical branches across the Acadiana parishes of Vermilion and Lafayette (Abbeville Main Office, three Lafayette locations, Carencro, Delcambre, Erath, Maurice, Youngsville), serving individual consumers, small and medium-sized businesses, military service members, and 501(c)(3) nonprofits with a portfolio of deposit products, consumer and commercial loans (including SBA Preferred Lender lending), mortgages, and consumer credit cards. It is recognized as one of Louisiana's top SBA lenders with over 40 years of SBA experience and a multi-parish deposit franchise underpinned by community sponsorships and in-person decision-making.

The core technology stack is a community-bank digital platform delivered through a ProfitStars/NetTeller-powered online banking system and a proprietary mobile application released on iOS and Android, with consumer add-ons (iPay bill pay, person-to-person payments, Credit Tracker, Spending Habits, Pocket Change) and a business cash management suite covering ACH origination, Positive Pay, and Remote Deposit Capture. Deposits are routed through the IntraFi network (CDARS) to give customers multi-million-dollar FDIC coverage, card processing is delivered via BancCard for merchant acquiring, credit card servicing runs through The Independent BankersBank (TIB), and investments and insurance are distributed through an LPL Financial relationship housed at the Johnston Street branch. Cardholder instruments integrate with Apple Pay, Google Pay, and Samsung Pay, and accounting integrations cover Quicken and QuickBooks via Web Connect.

Revenue is generated primarily through net interest income on consumer, mortgage, and commercial loan portfolios and deposit balances, with non-interest contribution from account service charges and overdraft fees, debit and credit card interchange, credit card annuals (including a $49 Premier Plus rewards tier), safe deposit box rentals, wire and official check fees, ACH and Positive Pay subscription fees, and revenue-share arrangements with LPL Financial (investment referral commission) and BancCard (merchant residuals). Go-to-market is community-led: relationship banking through the nine branches is reinforced by digital self-service channels (mobile app, online banking, iTalk 24/7 telephone banking), community sponsorships (UL Ragin' Cajuns, Boys and Girls Clubs of Acadiana), and targeted niches such as Military Rewards Checking and waived-fee nonprofit banking.

Name

Gulf Coast Bank

Legal name

Gulf Coast Bank

Website

https://gcbank.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

Gulf Coast Bank is a privately held, FDIC-insured community bank headquartered in Abbeville, Louisiana, operating nine branches across the Acadiana parishes (Vermilion and Lafayette) and serving consumers, small and medium-sized businesses, military personnel, and nonprofits with deposits, loans, SBA lending, and digital banking.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

akta.pro secondary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Community banking services
• SBA lending
• Personal banking
• Commercial banking
• Mortgage loans

Headquarters

HQ city

Abbeville

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Interest Income: Primary revenue stream from consumer and commercial loans including mortgages, auto loans, personal loans, SBA loans, and commercial lending. Interest earned on deposit accounts and loan portfolios.
2. Fee-based Services: Monthly service charges, overdraft fees, wire transfer fees, safe deposit box rentals, stop payment fees, research fees, night deposit bags, and other banking service fees.
3. Card Services: Debit and credit card interchange fees, instant issue card fees, and business credit card annual fees including Preferred Points Rewards card at $49/year.
4. Investment Services Revenue Share: Revenue from investment product sales through LPL Financial partnership including mutual funds, annuities, IRAs, and managed accounts. Bank earns referral/commission share.
5. Merchant Services: Payment processing revenue through BancCard partnership for credit and debit card acceptance services to business customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

Gulf Coast Bank is a privately held community bank headquartered in Abbeville, Louisiana, offering FDIC-insured deposit products (checking, savings, money market, CDs), consumer and commercial loans (including SBA Preferred Lender products, mortgages, auto, personal, and business loans), debit and credit cards, and digital banking (online, mobile, iPay bill pay). Investment and insurance services are distributed through an LPL Financial partnership, and merchant services through BancCard of America.

Product overview

Gulf Coast Bank is a community bank serving Acadiana, Louisiana with a unified digital banking platform combining online and mobile banking with traditional banking products. The core offerings center on checking, savings, loans (personal, mortgage, business, SBA), and credit cards, supported by ancillary services including iPay bill pay, person-to-person payments, Remote Deposit Capture, and merchant services. Digital banking features include Mobile Banking App, Business Online Banking with Cash Management tools (ACH Origination, Positive Pay), Credit Tracker, Spending Habits, and Pocket Change round-up savings. Investment and insurance services are provided through LPL Financial partnership. The bank operates 9 locations with over 120 employees, serving personal, business, and investment customers with FDIC-insured deposits.

Differentiator

Problem solved

Functional benefit

Brands

• iPay: Online bill payment system for personal and business accounts
• iTalk
• Pocket Change
• Spending Habits
• Credit Tracker
• Autobooks
• Positive Pay
• Remote Deposit Capture

Products and services

• Personal Checking Accounts
• Personal Savings Accounts
• CDARS
• Personal Loans
• Mortgage Loans Home mortgage products including conventional loans, USDA RD loans, VA loans, FHA loans, land loans, and construction loans with various down payment and credit score requirements.
• Business Loans Commercial purpose loans including agriculture loans, community development loans, accounts receivable/inventory/equipment loans, and investment property loans for businesses.
• SBA Loans Small Business Administration loans with Gulf Coast Bank as an SBA Preferred Lender, enabling in-house loan approval for business construction, expansion, facility purchase, and working capital.
• Personal Credit Cards Consumer credit cards including Consumer Value Card with competitive rates and Preferred Points Rewards Card with points earning potential for individual cardholders.
• Business Credit Cards Business credit cards including No Fee Card and Premier Plus/Everything Rewards Card with MasterCard benefits, rental car collision damage waiver, and competitive APR.
• Mobile Banking App Mobile banking application for iPhone, iPad, and Android devices enabling account viewing, check deposits, fund transfers, bill payments, and card management.
• Online Banking Full-featured online banking platform with account access, bill pay (iPay), transfers, statements, and cash management services accessible via web browser.
• Remote Deposit Capture Web and mobile-based application enabling commercial customers to scan and deposit paper checks remotely without visiting a branch.
• iTalk Telephone Banking 24/7 automated telephone banking service for account balance inquiry, transaction history, card activation, stop payments, transfers, and loan payments.
• Merchant Services Payment processing solutions through partnership with BancCard of America enabling businesses to accept credit and debit card payments.
• Investments (LPL Financial) Investment and insurance services through LPL Financial partnership offering mutual funds, asset management, annuities, stocks, bonds, estate planning, IRAs, and retirement planning.
• Insurance Life insurance products and strategies offered through LPL Financial for family protection, wealth accumulation, retirement planning, and estate planning.

Quantifiable outcome

• One of Louisiana's top SBA lenders with over 40 years of SBA lending experience
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• LPL FinancialcoreChannel Partner/ Reseller/ DistributorLPL Financial is the nation's leading provider of third-party investment services to financial institutions, offering insurance and investment services to approximately 700 banks and credit unions nationwide. Through this partnership, Gulf Coast Bank clients access mutual funds, comprehensive asset management accounts, variable and fixed annuities, individual stocks and bonds, estate and retirement planning, IRAs, alternative investments, life insurance, and 401(k) rollover services. Investment professionals available at Gulf Coast Bank locations including 4310 Johnston St., Lafayette.
• BancCard of AmericacoreChannel Partner/ Reseller/ DistributorBancCard of America offers payment processing options through merchant processors to businesses accepting credit and debit cards. Gulf Coast Bank brings BancCard's professionals to customers for consultative visits and analysis. Services include debit and credit card processing for small and large businesses, setup tailored to customer needs, on-site setup, free consultative visits, free analysis for existing merchants, and mobile and web-based processing. BancCard is not affiliated with Gulf Coast Bank.
• IntraFi (formerly Promontory Interfinancial Network)coreTechnology or IntegrationIntraFi network enables CDARS (Certificate of Deposit Account Registry Service) allowing Gulf Coast Bank customers to access multi-million-dollar FDIC insurance on CD investments. Through IntraFi, large deposits are divided into amounts under $250,000 FDIC coverage and allocated among member banks, providing full FDIC coverage while maintaining single-bank relationship with Gulf Coast Bank. The bank is a member of the Promontory Network.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Home Bank (Louisiana): Louisiana-focused community bank with branches across the state, including Acadiana. Competes head-to-head with Gulf Coast Bank for SMB deposits, SBA loans, and consumer relationships in overlapping Lafayette-area markets.
• Investar Holding Corporation: Baton Rouge-headquartered community bank with a meaningful Acadiana/Lafayette branch presence. Directly comparable business model — SBA lending, consumer/commercial deposits, mortgage, and digital banking — to Gulf Coast Bank.
• Business First Bancshares: Louisiana community bank with strong Baton Rouge and Acadiana presence. Competes directly with Gulf Coast Bank on commercial banking, SBA, treasury management, and digital banking products for small and mid-sized businesses.
• First Bank (Louisiana): Louisiana community bank with branch network overlapping Acadiana markets. Closely comparable in size, product mix (SBA, commercial, mortgage, digital banking), and target SMB/consumer segments.
• Live Oak Banking Company: Nationally focused SBA-preferred community bank. Highly comparable on SBA lending specialization, Preferred Lender status, and digital-first SMB banking experience — relevant benchmark for Gulf Coast Bank's SBA franchise.
• Red River Bank: Louisiana community bank headquartered in Alexandria with central Louisiana presence. Comparable community-bank model with consumer/commercial deposits, SBA lending, and digital banking — albeit in a different sub-region of Louisiana.

Regional players

• MidSouth Bancorp: Louisiana-based community banking franchise (now part of Hancock Whitney) operating across Acadiana and broader Louisiana. Same geographic footprint and SMB/commercial lending focus as Gulf Coast Bank but at meaningfully larger scale.
• JD Bank (Jefferson Davis Bancshares): Southwest Louisiana community bank headquartered in Jennings, serving Acadiana-adjacent markets. Similar size, community-bank orientation, and product set (deposits, SBA, consumer lending) to Gulf Coast Bank.

Broad incumbents

• Hancock Whitney Corporation: Large Gulf South regional bank with deep Louisiana footprint including Lafayette/Acadiana. Overlaps with Gulf Coast Bank across consumer, commercial, SBA, mortgage, and digital banking but operates at much greater scale with broader geographic reach.
• Cadence Bank: Mid-sized regional bank with Louisiana presence offering full commercial and consumer banking. Competes with Gulf Coast Bank for SMB and middle-market commercial relationships across Acadiana, though at significantly larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GulfCoastBankLouisiana
• LinkedInlinkedin.com/company/gulf-coast-bank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gulf Coast Bank