Call reports 2024
BAY PORT STATE BANK — 2024
What BAY PORT STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 146,848,000 | 146,325,000 | 145,944,000 | 149,267,000 |
| Total loans | 114,114,000 | 116,916,000 | 118,235,000 | 117,829,000 |
| Allowance for loan losses | 1,515,000 | 1,543,000 | 1,578,000 | 1,610,000 |
| Securities available for sale | 8,683,000 | 9,771,000 | 12,527,000 | 11,835,000 |
| Securities held to maturity | 1,550,000 | 1,050,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,259,000 | 132,021,000 | 131,163,000 | 134,644,000 |
| Interest-bearing deposits | 82,955,000 | 82,784,000 | 80,592,000 | 81,353,000 |
| Noninterest-bearing deposits | 50,304,000 | 49,237,000 | 50,571,000 | 53,291,000 |
| Equity capital | 12,797,000 | 13,157,000 | 13,733,000 | 13,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,894,000 | 3,861,000 | 5,909,000 | 7,927,000 |
| Interest expense | 311,000 | 672,000 | 1,060,000 | 1,447,000 |
| Net interest income | 1,583,000 | 3,189,000 | 4,849,000 | 6,480,000 |
| Noninterest income | 88,000 | 183,000 | 283,000 | 379,000 |
| Noninterest expense | 1,146,000 | 2,283,000 | 3,398,000 | 4,616,000 |
| Provision for loan losses | 17,000 | 55,000 | 87,000 | 117,000 |
| Pretax income | 510,000 | 1,030,000 | 1,622,000 | 2,117,000 |
| Income tax | 107,000 | 216,000 | 341,000 | 445,000 |
| Net income | 403,000 | 814,000 | 1,281,000 | 1,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,972,000 | 13,319,000 | 13,723,000 | 14,050,000 |
| Total capital | 14,261,000 | 14,616,000 | 15,036,000 | 15,355,000 |
| Risk-weighted assets | 102,884,000 | 103,504,000 | 104,703,000 | 104,156,000 |