Call reports 2020
BAY PORT STATE BANK — 2020
What BAY PORT STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 115,102,000 | 121,933,000 | 119,282,000 | 122,896,000 |
| Total loans | 99,063,000 | 101,938,000 | 100,491,000 | 93,762,000 |
| Allowance for loan losses | 1,244,000 | 1,306,000 | 1,371,000 | 1,431,000 |
| Securities available for sale | 52,000 | 49,000 | 44,000 | 41,000 |
| Securities held to maturity | 0 | 0 | 1,500,000 | 1,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,766,000 | 112,346,000 | 109,702,000 | 113,412,000 |
| Interest-bearing deposits | 71,059,000 | 73,077,000 | 70,895,000 | 73,079,000 |
| Noninterest-bearing deposits | 34,707,000 | 39,269,000 | 38,807,000 | 40,333,000 |
| Equity capital | 8,679,000 | 8,874,000 | 9,063,000 | 9,188,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,299,000 | 2,554,000 | 3,777,000 | 4,936,000 |
| Interest expense | 179,000 | 343,000 | 481,000 | 606,000 |
| Net interest income | 1,120,000 | 2,211,000 | 3,296,000 | 4,330,000 |
| Noninterest income | 91,000 | 158,000 | 249,000 | 320,000 |
| Noninterest expense | 923,000 | 1,717,000 | 2,533,000 | 3,360,000 |
| Provision for loan losses | 30,000 | 90,000 | 150,000 | 210,000 |
| Pretax income | 258,000 | 562,000 | 862,000 | 1,080,000 |
| Income tax | 54,000 | 118,000 | 181,000 | 227,000 |
| Net income | 204,000 | 444,000 | 681,000 | 853,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,679,000 | 8,874,000 | 9,063,000 | 9,188,000 |
| Total capital | 9,746,000 | 9,954,000 | 10,102,000 | 10,175,000 |
| Risk-weighted assets | 85,167,000 | 86,212,000 | 82,771,000 | 78,518,000 |