Call reports 2008
BAY PORT STATE BANK — 2008
What BAY PORT STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 64,462,000 | 68,233,000 | 70,014,000 | 68,984,000 |
| Total loans | 60,660,000 | 64,279,000 | 65,297,000 | 63,484,000 |
| Allowance for loan losses | 460,000 | 463,000 | 433,000 | 438,000 |
| Securities available for sale | 414,000 | 381,000 | 361,000 | 348,000 |
| Securities held to maturity | 71,000 | 71,000 | 65,000 | 65,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,072,000 | 57,673,000 | 60,604,000 | 62,651,000 |
| Interest-bearing deposits | 50,725,000 | 51,494,000 | 53,216,000 | 53,396,000 |
| Noninterest-bearing deposits | 6,347,000 | 6,179,000 | 7,388,000 | 9,255,000 |
| Equity capital | 5,192,000 | 5,144,000 | 5,114,000 | 5,626,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,068,000 | 2,099,000 | 3,153,000 | 4,165,000 |
| Interest expense | 484,000 | 962,000 | 1,445,000 | 1,877,000 |
| Net interest income | 584,000 | 1,137,000 | 1,708,000 | 2,288,000 |
| Noninterest income | 40,000 | 77,000 | 111,000 | 141,000 |
| Noninterest expense | 584,000 | 1,169,000 | 1,753,000 | 2,344,000 |
| Provision for loan losses | 0 | 0 | 0 | 60,000 |
| Pretax income | 40,000 | 45,000 | 66,000 | 25,000 |
| Income tax | 14,000 | 16,000 | 23,000 | 9,000 |
| Net income | 26,000 | 29,000 | 43,000 | 16,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,190,000 | 5,143,000 | 5,117,000 | 5,631,000 |
| Total capital | 5,650,000 | 5,606,000 | 5,550,000 | 6,069,000 |
| Risk-weighted assets | 50,753,000 | 53,929,000 | 54,073,000 | 52,818,000 |