Call reports 2007
BAY NATIONAL BANK — 2007
What BAY NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 250,229,000 | 258,301,000 | 260,952,000 | 256,634,000 |
| Total loans | 227,127,000 | 230,655,000 | 225,883,000 | 240,868,000 |
| Allowance for loan losses | 3,203,000 | 3,203,000 | 3,209,000 | 5,000,000 |
| Securities available for sale | 2,262,000 | 464,000 | 473,000 | 30,000 |
| Securities held to maturity | 697,000 | 399,000 | 399,000 | 400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,492,000 | 212,557,000 | 229,192,000 | 206,210,000 |
| Interest-bearing deposits | 186,774,000 | 177,097,000 | 195,977,000 | 194,498,000 |
| Noninterest-bearing deposits | 35,718,000 | 35,460,000 | 33,215,000 | 11,712,000 |
| Equity capital | 23,365,000 | 24,040,000 | 24,463,000 | 24,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,343,000 | 10,688,000 | 15,825,000 | 20,587,000 |
| Interest expense | 2,051,000 | 4,191,000 | 6,257,000 | 8,164,000 |
| Net interest income | 3,292,000 | 6,497,000 | 9,568,000 | 12,423,000 |
| Noninterest income | 192,000 | 372,000 | 521,000 | 725,000 |
| Noninterest expense | 2,278,000 | 4,480,000 | 6,745,000 | 8,917,000 |
| Provision for loan losses | 0 | 0 | 350,000 | 2,126,000 |
| Pretax income | 1,206,000 | 2,389,000 | 2,994,000 | 2,105,000 |
| Income tax | 656,000 | 1,164,000 | 1,346,000 | 1,067,000 |
| Net income | 550,000 | 1,225,000 | 1,648,000 | 1,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,365,000 | 24,040,000 | 24,463,000 | 24,083,000 |
| Total capital | 26,507,000 | 27,158,000 | 27,583,000 | 27,393,000 |
| Risk-weighted assets | 251,314,000 | 249,376,000 | 249,507,000 | 263,085,000 |