Call reports 2010
BAY NATIONAL BANK — 2010
What BAY NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Total assets | 282,174,000 | 217,743,000 |
| Total loans | 183,864,000 | 138,280,000 |
| Allowance for loan losses | 8,927,000 | 8,616,000 |
| Securities available for sale | 16,784,000 | 14,263,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 276,090,000 | 212,612,000 |
| Interest-bearing deposits | 221,153,000 | 174,889,000 |
| Noninterest-bearing deposits | 54,937,000 | 37,723,000 |
| Equity capital | 4,928,000 | 4,335,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Interest income | 2,684,000 | 4,881,000 |
| Interest expense | 1,068,000 | 1,953,000 |
| Net interest income | 1,616,000 | 2,928,000 |
| Noninterest income | 199,000 | 330,000 |
| Noninterest expense | 2,584,000 | 4,924,000 |
| Provision for loan losses | 1,843,000 | 1,843,000 |
| Pretax income | -2,612,000 | -3,509,000 |
| Income tax | 0 | 0 |
| Net income | -2,612,000 | -3,509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Tier 1 capital | 4,795,000 | 3,897,000 |
| Total capital | 7,321,000 | 5,837,000 |
| Risk-weighted assets | 195,393,000 | 148,216,000 |