Call reports 2003
BAY PORT STATE BANK — 2003
What BAY PORT STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 53,445,000 | 54,299,000 | 57,354,000 | 56,465,000 |
| Total loans | 45,260,000 | 47,109,000 | 48,082,000 | 50,030,000 |
| Allowance for loan losses | 574,000 | 476,000 | 482,000 | 484,000 |
| Securities available for sale | 2,887,000 | 2,492,000 | 2,123,000 | 1,835,000 |
| Securities held to maturity | 204,000 | 89,000 | 89,000 | 89,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,808,000 | 47,545,000 | 49,690,000 | 48,646,000 |
| Interest-bearing deposits | 43,639,000 | 43,199,000 | 43,805,000 | 43,169,000 |
| Noninterest-bearing deposits | 5,169,000 | 4,346,000 | 5,885,000 | 5,477,000 |
| Equity capital | 3,505,000 | 4,011,000 | 3,988,000 | 4,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 751,000 | 1,506,000 | 2,265,000 | 3,042,000 |
| Interest expense | 323,000 | 633,000 | 944,000 | 1,243,000 |
| Net interest income | 428,000 | 873,000 | 1,321,000 | 1,799,000 |
| Noninterest income | 44,000 | 79,000 | 106,000 | 130,000 |
| Noninterest expense | 478,000 | 920,000 | 1,377,000 | 1,815,000 |
| Provision for loan losses | 30,000 | 60,000 | 82,000 | 77,000 |
| Pretax income | -34,000 | -26,000 | -30,000 | 39,000 |
| Income tax | -12,000 | -9,000 | -10,000 | 5,000 |
| Net income | -22,000 | -17,000 | -20,000 | 34,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,419,000 | 3,904,000 | 3,916,000 | 4,088,000 |
| Total capital | 3,907,000 | 4,380,000 | 4,398,000 | 4,572,000 |
| Risk-weighted assets | 38,968,000 | 40,475,000 | 42,122,000 | 43,208,000 |