Call reports 2021
BAY PORT STATE BANK — 2021
What BAY PORT STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 128,453,000 | 128,920,000 | 133,884,000 | 139,215,000 |
| Total loans | 101,074,000 | 101,314,000 | 95,115,000 | 93,269,000 |
| Allowance for loan losses | 1,456,000 | 1,493,000 | 1,523,000 | 1,549,000 |
| Securities available for sale | 38,000 | 35,000 | 31,000 | 2,493,000 |
| Securities held to maturity | 1,500,000 | 1,500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,617,000 | 118,843,000 | 123,402,000 | 128,726,000 |
| Interest-bearing deposits | 79,310,000 | 78,738,000 | 78,963,000 | 84,004,000 |
| Noninterest-bearing deposits | 39,307,000 | 40,105,000 | 44,439,000 | 44,722,000 |
| Equity capital | 9,416,000 | 9,669,000 | 10,021,000 | 10,179,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,132,000 | 2,364,000 | 3,790,000 | 4,941,000 |
| Interest expense | 107,000 | 206,000 | 294,000 | 368,000 |
| Net interest income | 1,025,000 | 2,158,000 | 3,496,000 | 4,573,000 |
| Noninterest income | 89,000 | 186,000 | 291,000 | 384,000 |
| Noninterest expense | 741,000 | 1,568,000 | 2,482,000 | 3,371,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 116,000 |
| Pretax income | 343,000 | 716,000 | 1,215,000 | 1,470,000 |
| Income tax | 72,000 | 150,000 | 255,000 | 309,000 |
| Net income | 271,000 | 566,000 | 960,000 | 1,161,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,416,000 | 9,669,000 | 10,021,000 | 10,179,000 |
| Total capital | 10,476,000 | 10,743,000 | 11,095,000 | 11,278,000 |
| Risk-weighted assets | 84,365,000 | 85,490,000 | 85,495,000 | 87,482,000 |