Call reports 2002
BAY NATIONAL BANK — 2002
What BAY NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 48,592,000 | 61,577,000 | 73,064,000 | 83,956,000 |
| Total loans | 41,077,000 | 50,867,000 | 61,145,000 | 70,897,000 |
| Allowance for loan losses | 505,000 | 617,000 | 738,000 | 852,000 |
| Securities available for sale | 2,073,000 | 330,000 | 335,000 | 789,000 |
| Securities held to maturity | 0 | 748,000 | 748,000 | 948,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,261,000 | 54,560,000 | 65,696,000 | 76,079,000 |
| Interest-bearing deposits | 37,159,000 | 47,760,000 | 60,055,000 | 65,245,000 |
| Noninterest-bearing deposits | 5,102,000 | 6,800,000 | 5,641,000 | 10,834,000 |
| Equity capital | 6,172,000 | 6,341,000 | 6,610,000 | 6,957,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 647,000 | 1,427,000 | 2,378,000 | 3,463,000 |
| Interest expense | 289,000 | 581,000 | 941,000 | 1,368,000 |
| Net interest income | 358,000 | 846,000 | 1,437,000 | 2,095,000 |
| Noninterest income | 144,000 | 297,000 | 501,000 | 718,000 |
| Noninterest expense | 743,000 | 1,603,000 | 2,508,000 | 3,422,000 |
| Provision for loan losses | 58,000 | 170,000 | 291,000 | 405,000 |
| Pretax income | -299,000 | -630,000 | -861,000 | -1,014,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -299,000 | -630,000 | -861,000 | -1,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,172,000 | 6,341,000 | 6,610,000 | 6,957,000 |
| Total capital | 6,677,000 | 6,958,000 | 7,348,000 | 7,809,000 |
| Risk-weighted assets | 46,704,000 | 54,262,000 | 65,434,000 | 76,502,000 |