Call reports 2014
BAY PORT STATE BANK — 2014
What BAY PORT STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 84,484,000 | 87,051,000 | 87,508,000 | 88,776,000 |
| Total loans | 76,829,000 | 81,009,000 | 79,102,000 | 80,372,000 |
| Allowance for loan losses | 790,000 | 812,000 | 833,000 | 874,000 |
| Securities available for sale | 182,000 | 174,000 | 168,000 | 163,000 |
| Securities held to maturity | 36,000 | 36,000 | 30,000 | 30,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,665,000 | 77,910,000 | 78,572,000 | 81,803,000 |
| Interest-bearing deposits | 63,932,000 | 63,483,000 | 63,935,000 | 63,949,000 |
| Noninterest-bearing deposits | 13,733,000 | 14,427,000 | 14,637,000 | 17,854,000 |
| Equity capital | 6,409,000 | 6,462,000 | 6,481,000 | 6,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,009,000 | 1,994,000 | 3,011,000 | 4,009,000 |
| Interest expense | 141,000 | 280,000 | 423,000 | 557,000 |
| Net interest income | 868,000 | 1,714,000 | 2,588,000 | 3,452,000 |
| Noninterest income | 52,000 | 110,000 | 197,000 | 270,000 |
| Noninterest expense | 808,000 | 1,609,000 | 2,414,000 | 3,203,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 104,000 |
| Pretax income | 91,000 | 173,000 | 308,000 | 415,000 |
| Income tax | 32,000 | 61,000 | 108,000 | 146,000 |
| Net income | 59,000 | 112,000 | 200,000 | 269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,405,000 | 6,458,000 | 6,478,000 | 6,547,000 |
| Total capital | 7,174,000 | 7,270,000 | 7,286,000 | 7,361,000 |
| Risk-weighted assets | 61,537,000 | 65,747,000 | 64,643,000 | 65,068,000 |