Call reports 2019
BAY PORT STATE BANK — 2019
What BAY PORT STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 105,004,000 | 107,151,000 | 109,471,000 | 113,373,000 |
| Total loans | 91,584,000 | 95,672,000 | 97,613,000 | 96,174,000 |
| Allowance for loan losses | 1,181,000 | 1,197,000 | 1,049,000 | 1,213,000 |
| Securities available for sale | 70,000 | 64,000 | 60,000 | 55,000 |
| Securities held to maturity | 6,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,650,000 | 98,560,000 | 100,499,000 | 104,344,000 |
| Interest-bearing deposits | 68,848,000 | 68,286,000 | 69,737,000 | 69,988,000 |
| Noninterest-bearing deposits | 27,802,000 | 30,274,000 | 30,762,000 | 34,356,000 |
| Equity capital | 7,840,000 | 8,062,000 | 8,351,000 | 8,521,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,203,000 | 2,480,000 | 3,813,000 | 5,125,000 |
| Interest expense | 162,000 | 328,000 | 502,000 | 685,000 |
| Net interest income | 1,041,000 | 2,152,000 | 3,311,000 | 4,440,000 |
| Noninterest income | 85,000 | 193,000 | 307,000 | 431,000 |
| Noninterest expense | 827,000 | 1,678,000 | 2,487,000 | 3,290,000 |
| Provision for loan losses | 21,000 | 42,000 | 83,000 | 254,000 |
| Pretax income | 278,000 | 625,000 | 1,048,000 | 1,327,000 |
| Income tax | 61,000 | 138,000 | 231,000 | 292,000 |
| Net income | 217,000 | 487,000 | 817,000 | 1,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,840,000 | 8,062,000 | 8,351,000 | 8,521,000 |
| Total capital | 8,839,000 | 9,089,000 | 9,383,000 | 9,557,000 |
| Risk-weighted assets | 79,753,000 | 82,002,000 | 82,594,000 | 82,701,000 |