Call reports 2003
BAY NATIONAL BANK — 2003
What BAY NATIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 106,780,000 | 122,521,000 | 119,925,000 | 121,679,000 |
| Total loans | 85,711,000 | 90,001,000 | 98,054,000 | 102,316,000 |
| Allowance for loan losses | 1,021,000 | 1,159,000 | 1,207,000 | 1,267,000 |
| Securities available for sale | 1,006,000 | 10,664,000 | 5,687,000 | 2,691,000 |
| Securities held to maturity | 1,198,000 | 1,548,000 | 1,548,000 | 1,548,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,043,000 | 110,309,000 | 107,647,000 | 109,485,000 |
| Interest-bearing deposits | 85,892,000 | 96,817,000 | 93,498,000 | 94,253,000 |
| Noninterest-bearing deposits | 11,151,000 | 13,492,000 | 14,149,000 | 15,232,000 |
| Equity capital | 8,250,000 | 10,225,000 | 10,332,000 | 10,463,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,167,000 | 2,566,000 | 4,002,000 | 5,511,000 |
| Interest expense | 441,000 | 939,000 | 1,448,000 | 1,937,000 |
| Net interest income | 726,000 | 1,627,000 | 2,554,000 | 3,574,000 |
| Noninterest income | 198,000 | 465,000 | 686,000 | 853,000 |
| Noninterest expense | 962,000 | 2,017,000 | 3,010,000 | 4,006,000 |
| Provision for loan losses | 169,000 | 307,000 | 355,000 | 415,000 |
| Pretax income | -207,000 | -232,000 | -125,000 | 6,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -207,000 | -232,000 | -125,000 | 6,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,250,000 | 10,225,000 | 10,332,000 | 10,463,000 |
| Total capital | 9,271,000 | 11,384,000 | 11,539,000 | 11,730,000 |
| Risk-weighted assets | 92,468,000 | 109,754,000 | 111,828,000 | 115,472,000 |