Call reports 2024
BAYBANK — 2024
What BAYBANK 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 | 155,000,000 | 154,948,000 | 156,807,000 | 159,508,000 |
| Total loans | 118,031,000 | 116,236,000 | 120,875,000 | 120,743,000 |
| Allowance for loan losses | 1,552,000 | 1,538,000 | 1,560,000 | 1,762,000 |
| Securities available for sale | 25,356,000 | 24,512,000 | 24,749,000 | 23,570,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,503,000 | 136,610,000 | 136,739,000 | 141,014,000 |
| Interest-bearing deposits | 126,080,000 | 124,714,000 | 123,577,000 | 129,053,000 |
| Noninterest-bearing deposits | 10,423,000 | 11,896,000 | 13,162,000 | 11,961,000 |
| Equity capital | 12,479,000 | 12,964,000 | 13,998,000 | 13,940,000 |
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 | 2,200,000 | 4,463,000 | 6,793,000 | 9,225,000 |
| Interest expense | 733,000 | 1,456,000 | 2,201,000 | 3,015,000 |
| Net interest income | 1,467,000 | 3,007,000 | 4,592,000 | 6,210,000 |
| Noninterest income | 178,000 | 375,000 | 569,000 | 1,007,000 |
| Noninterest expense | 1,195,000 | 2,310,000 | 3,462,000 | 4,716,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 300,000 |
| Pretax income | 445,000 | 1,037,000 | 1,634,000 | 2,226,000 |
| Income tax | 88,000 | 206,000 | 327,000 | 422,000 |
| Net income | 357,000 | 831,000 | 1,307,000 | 1,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,907,000 | 15,286,000 | 15,680,000 | 16,024,000 |