Call reports 2008
BAY NATIONAL BANK — 2008
What BAY NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 266,816,000 | 275,751,000 | 274,266,000 | 270,896,000 |
| Total loans | 244,510,000 | 254,270,000 | 244,476,000 | 248,161,000 |
| Allowance for loan losses | 6,700,000 | 6,700,000 | 6,675,000 | 5,675,000 |
| Securities available for sale | 433,000 | 435,000 | 437,000 | 438,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,956,000 | 227,737,000 | 233,776,000 | 245,135,000 |
| Interest-bearing deposits | 221,840,000 | 188,891,000 | 193,404,000 | 195,017,000 |
| Noninterest-bearing deposits | 11,116,000 | 38,846,000 | 40,372,000 | 50,118,000 |
| Equity capital | 24,770,000 | 25,173,000 | 23,716,000 | 22,857,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,368,000 | 8,092,000 | 11,804,000 | 15,325,000 |
| Interest expense | 1,733,000 | 3,179,000 | 4,607,000 | 6,161,000 |
| Net interest income | 2,635,000 | 4,913,000 | 7,197,000 | 9,164,000 |
| Noninterest income | 208,000 | 412,000 | 614,000 | 763,000 |
| Noninterest expense | 2,657,000 | 5,498,000 | 8,204,000 | 11,030,000 |
| Provision for loan losses | 2,468,000 | 3,026,000 | 5,517,000 | 6,478,000 |
| Pretax income | -2,282,000 | -3,199,000 | -5,910,000 | -7,581,000 |
| Income tax | -969,000 | -1,289,000 | -2,383,000 | -3,425,000 |
| Net income | -1,313,000 | -1,910,000 | -3,527,000 | -4,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,770,000 | 25,173,000 | 23,716,000 | 22,857,000 |
| Total capital | 28,206,000 | 28,757,000 | 27,207,000 | 26,322,000 |
| Risk-weighted assets | 271,609,000 | 283,610,000 | 276,074,000 | 275,012,000 |