Call reports 2023
BAY PORT STATE BANK — 2023
What BAY PORT STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 144,192,000 | 141,457,000 | 136,824,000 | 145,155,000 |
| Total loans | 109,309,000 | 111,391,000 | 114,263,000 | 111,494,000 |
| Allowance for loan losses | 1,508,000 | 1,515,000 | 1,523,000 | 1,584,000 |
| Securities available for sale | 8,442,000 | 10,075,000 | 9,531,000 | 9,125,000 |
| Securities held to maturity | 850,000 | 850,000 | 1,550,000 | 1,550,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,381,000 | 129,193,000 | 124,229,000 | 132,001,000 |
| Interest-bearing deposits | 80,440,000 | 79,627,000 | 77,229,000 | 78,044,000 |
| Noninterest-bearing deposits | 51,941,000 | 49,567,000 | 47,000,000 | 53,957,000 |
| Equity capital | 11,331,000 | 11,625,000 | 11,930,000 | 12,522,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,631,000 | 3,363,000 | 5,143,000 | 6,916,000 |
| Interest expense | 120,000 | 282,000 | 467,000 | 700,000 |
| Net interest income | 1,511,000 | 3,081,000 | 4,676,000 | 6,216,000 |
| Noninterest income | 80,000 | 167,000 | 264,000 | 357,000 |
| Noninterest expense | 1,092,000 | 2,148,000 | 3,213,000 | 4,274,000 |
| Provision for loan losses | 18,000 | 28,000 | 36,000 | 98,000 |
| Pretax income | 481,000 | 1,072,000 | 1,685,000 | 2,195,000 |
| Income tax | 101,000 | 225,000 | 354,000 | 461,000 |
| Net income | 380,000 | 847,000 | 1,331,000 | 1,734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,472,000 | 11,874,000 | 12,295,000 | 12,634,000 |
| Total capital | 12,712,000 | 13,115,000 | 13,547,000 | 13,893,000 |
| Risk-weighted assets | 98,908,000 | 98,976,000 | 99,950,000 | 100,420,000 |