Call reports 2023
BAYVANGUARD BANK — 2023
What BAYVANGUARD 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 | 849,680,000 | 912,123,000 | 922,643,000 | 876,476,000 |
| Total loans | 680,895,000 | 702,650,000 | 707,026,000 | 704,770,000 |
| Allowance for loan losses | 8,095,000 | 8,163,000 | 8,153,000 | 8,554,000 |
| Securities available for sale | 36,103,000 | 34,066,000 | 35,616,000 | 34,781,000 |
| Securities held to maturity | 10,402,000 | 10,332,000 | 10,270,000 | 10,215,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 671,410,000 | 730,497,000 | 691,706,000 | 683,132,000 |
| Interest-bearing deposits | 518,448,000 | 443,977,000 | 503,384,000 | 495,466,000 |
| Noninterest-bearing deposits | 152,962,000 | 286,520,000 | 188,322,000 | 187,666,000 |
| Equity capital | 125,307,000 | 128,828,000 | 171,795,000 | 175,367,000 |
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 | 9,699,000 | 20,228,000 | 31,933,000 | 43,384,000 |
| Interest expense | 953,000 | 2,713,000 | 5,119,000 | 7,304,000 |
| Net interest income | 8,746,000 | 17,515,000 | 26,814,000 | 36,080,000 |
| Noninterest income | 805,000 | 2,177,000 | 3,050,000 | 3,748,000 |
| Noninterest expense | 4,651,000 | 9,167,000 | 14,102,000 | 19,179,000 |
| Provision for loan losses | 2,000 | -143,000 | -313,000 | 42,000 |
| Pretax income | 4,898,000 | 10,675,000 | 16,246,000 | 20,694,000 |
| Income tax | 1,315,000 | 2,748,000 | 4,250,000 | 5,351,000 |
| Net income | 3,583,000 | 7,927,000 | 11,996,000 | 15,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,589,000 | 115,569,000 | 158,940,000 | 162,125,000 |
| Total capital | 119,861,000 | 123,919,000 | 167,221,000 | 170,571,000 |
| Risk-weighted assets | 661,708,000 | 677,667,000 | 672,649,000 | 675,390,000 |