Call reports 2020
BAYVANGUARD BANK — 2020
What BAYVANGUARD 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 | 398,290,000 | 420,928,000 | 415,447,000 | 808,993,000 |
| Total loans | 329,851,000 | 352,133,000 | 351,530,000 | 608,914,000 |
| Allowance for loan losses | 1,363,000 | 1,472,000 | 1,575,000 | 1,841,000 |
| Securities available for sale | 5,133,000 | 3,964,000 | 4,252,000 | 32,463,000 |
| Securities held to maturity | 3,758,000 | 3,507,000 | 3,197,000 | 7,466,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,355,000 | 325,685,000 | 320,351,000 | 685,449,000 |
| Interest-bearing deposits | 275,266,000 | 289,475,000 | 286,766,000 | 525,832,000 |
| Noninterest-bearing deposits | 35,089,000 | 36,210,000 | 33,585,000 | 159,617,000 |
| Equity capital | 64,620,000 | 65,865,000 | 67,350,000 | 99,725,000 |
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 | 3,508,000 | 7,531,000 | 11,799,000 | 18,230,000 |
| Interest expense | 582,000 | 1,222,000 | 1,832,000 | 2,469,000 |
| Net interest income | 2,926,000 | 6,309,000 | 9,967,000 | 15,761,000 |
| Noninterest income | 186,000 | 443,000 | 964,000 | 1,651,000 |
| Noninterest expense | 2,143,000 | 4,389,000 | 6,625,000 | 10,076,000 |
| Provision for loan losses | 76,000 | 233,000 | 293,000 | 695,000 |
| Pretax income | 893,000 | 2,130,000 | 4,013,000 | 6,641,000 |
| Income tax | 222,000 | 586,000 | 982,000 | 1,459,000 |
| Net income | 671,000 | 1,544,000 | 3,031,000 | 5,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,419,000 | 59,576,000 | 61,121,000 | 84,266,000 |
| Total capital | 59,791,000 | 61,060,000 | 62,704,000 | 86,122,000 |
| Risk-weighted assets | 262,175,000 | 264,927,000 | 269,926,000 | 523,061,000 |