Call reports 2016
BAY PORT STATE BANK — 2016
What BAY PORT STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 94,758,000 | 91,821,000 | 92,859,000 | 93,932,000 |
| Total loans | 82,558,000 | 84,651,000 | 85,069,000 | 82,335,000 |
| Allowance for loan losses | 936,000 | 947,000 | 969,000 | 993,000 |
| Securities available for sale | 129,000 | 124,000 | 116,000 | 111,000 |
| Securities held to maturity | 24,000 | 24,000 | 18,000 | 18,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,551,000 | 84,537,000 | 85,565,000 | 86,666,000 |
| Interest-bearing deposits | 63,994,000 | 64,573,000 | 65,532,000 | 65,122,000 |
| Noninterest-bearing deposits | 23,557,000 | 19,964,000 | 20,033,000 | 21,544,000 |
| Equity capital | 6,750,000 | 6,803,000 | 6,866,000 | 6,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,011,000 | 2,021,000 | 3,039,000 | 4,041,000 |
| Interest expense | 117,000 | 232,000 | 351,000 | 472,000 |
| Net interest income | 894,000 | 1,789,000 | 2,688,000 | 3,569,000 |
| Noninterest income | 70,000 | 170,000 | 249,000 | 317,000 |
| Noninterest expense | 856,000 | 1,684,000 | 2,477,000 | 3,251,000 |
| Provision for loan losses | 23,000 | 50,000 | 77,000 | 104,000 |
| Pretax income | 85,000 | 225,000 | 383,000 | 531,000 |
| Income tax | 30,000 | 79,000 | 134,000 | 185,000 |
| Net income | 55,000 | 146,000 | 249,000 | 346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,748,000 | 6,801,000 | 6,865,000 | 6,912,000 |
| Total capital | 7,623,000 | 7,706,000 | 7,779,000 | 7,788,000 |
| Risk-weighted assets | 69,904,000 | 72,394,000 | 73,093,000 | 70,004,000 |