Call reports 2001
BAY NATIONAL BANK — 2001
What BAY NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 25,216,000 | 26,906,000 | 35,445,000 | 44,394,000 |
| Total loans | 10,664,000 | 20,134,000 | 25,280,000 | 36,544,000 |
| Allowance for loan losses | 118,000 | 244,000 | 303,000 | 447,000 |
| Securities available for sale | 4,181,000 | 1,547,000 | 1,559,000 | 1,568,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,865,000 | 19,944,000 | 28,811,000 | 38,139,000 |
| Interest-bearing deposits | 15,021,000 | 17,646,000 | 25,420,000 | 32,114,000 |
| Noninterest-bearing deposits | 2,844,000 | 2,298,000 | 3,391,000 | 6,025,000 |
| Equity capital | 7,222,000 | 6,771,000 | 6,398,000 | 5,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 338,000 | 763,000 | 1,261,000 | 1,862,000 |
| Interest expense | 149,000 | 297,000 | 491,000 | 760,000 |
| Net interest income | 189,000 | 466,000 | 770,000 | 1,102,000 |
| Noninterest income | 18,000 | 105,000 | 185,000 | 271,000 |
| Noninterest expense | 616,000 | 1,305,000 | 2,003,000 | 2,704,000 |
| Provision for loan losses | 48,000 | 174,000 | 233,000 | 377,000 |
| Pretax income | -457,000 | -908,000 | -1,281,000 | -1,708,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -457,000 | -908,000 | -1,281,000 | -1,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,222,000 | 6,771,000 | 6,398,000 | 5,971,000 |
| Total capital | 7,340,000 | 7,015,000 | 6,701,000 | 6,418,000 |
| Risk-weighted assets | 17,768,000 | 23,145,000 | 32,176,000 | 42,068,000 |