Call reports 2004
BAY NATIONAL BANK — 2004
What BAY NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 148,148,000 | 142,615,000 | 157,877,000 | 171,037,000 |
| Total loans | 110,540,000 | 133,606,000 | 135,906,000 | 151,027,000 |
| Allowance for loan losses | 1,370,000 | 1,474,000 | 1,610,000 | 1,810,000 |
| Securities available for sale | 345,000 | 750,000 | 757,000 | 767,000 |
| Securities held to maturity | 1,448,000 | 1,547,000 | 1,546,000 | 1,545,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,747,000 | 128,386,000 | 142,330,000 | 154,443,000 |
| Interest-bearing deposits | 118,174,000 | 111,553,000 | 123,214,000 | 133,455,000 |
| Noninterest-bearing deposits | 16,572,000 | 16,833,000 | 19,116,000 | 20,988,000 |
| Equity capital | 11,524,000 | 12,197,000 | 13,353,000 | 14,433,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,561,000 | 3,310,000 | 5,310,000 | 7,621,000 |
| Interest expense | 511,000 | 1,082,000 | 1,738,000 | 2,458,000 |
| Net interest income | 1,050,000 | 2,228,000 | 3,572,000 | 5,163,000 |
| Noninterest income | 125,000 | 269,000 | 401,000 | 539,000 |
| Noninterest expense | 1,004,000 | 2,049,000 | 3,145,000 | 4,335,000 |
| Provision for loan losses | 110,000 | 214,000 | 350,000 | 559,000 |
| Pretax income | 61,000 | 234,000 | 478,000 | 808,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 61,000 | 234,000 | 478,000 | 808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,524,000 | 12,197,000 | 13,353,000 | 14,433,000 |
| Total capital | 12,894,000 | 13,671,000 | 14,963,000 | 16,243,000 |
| Risk-weighted assets | 126,063,000 | 136,163,000 | 145,731,000 | 157,404,000 |