Call reports 2018
BAY PORT STATE BANK — 2018
What BAY PORT STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 95,249,000 | 94,643,000 | 99,110,000 | 102,253,000 |
| Total loans | 85,834,000 | 88,054,000 | 90,634,000 | 89,129,000 |
| Allowance for loan losses | 1,097,000 | 1,118,000 | 1,139,000 | 1,160,000 |
| Securities available for sale | 85,000 | 82,000 | 78,000 | 74,000 |
| Securities held to maturity | 12,000 | 12,000 | 6,000 | 6,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,459,000 | 86,899,000 | 91,164,000 | 94,205,000 |
| Interest-bearing deposits | 65,590,000 | 64,904,000 | 68,353,000 | 68,504,000 |
| Noninterest-bearing deposits | 21,869,000 | 21,995,000 | 22,811,000 | 25,701,000 |
| Equity capital | 7,323,000 | 7,403,000 | 7,512,000 | 7,671,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,060,000 | 2,164,000 | 3,320,000 | 4,516,000 |
| Interest expense | 118,000 | 243,000 | 386,000 | 545,000 |
| Net interest income | 942,000 | 1,921,000 | 2,934,000 | 3,971,000 |
| Noninterest income | 75,000 | 142,000 | 209,000 | 344,000 |
| Noninterest expense | 892,000 | 1,756,000 | 2,619,000 | 3,507,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 104,000 | 265,000 | 461,000 | 724,000 |
| Income tax | 22,000 | 58,000 | 102,000 | 159,000 |
| Net income | 82,000 | 207,000 | 359,000 | 565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,323,000 | 7,403,000 | 7,512,000 | 7,671,000 |
| Total capital | 8,232,000 | 8,345,000 | 8,475,000 | 8,624,000 |
| Risk-weighted assets | 72,506,000 | 75,177,000 | 76,829,000 | 76,050,000 |