Call reports 2008
BAY BANK — 2008
What BAY 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 | 76,865,000 | 79,336,000 | 79,132,000 | 83,932,000 |
| Total loans | 56,779,000 | 56,941,000 | 59,766,000 | 60,378,000 |
| Allowance for loan losses | 640,000 | 670,000 | 690,000 | 852,000 |
| Securities available for sale | 13,192,000 | 12,370,000 | 12,075,000 | 12,200,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,407,000 | 60,412,000 | 59,299,000 | 64,272,000 |
| Interest-bearing deposits | 52,722,000 | 53,229,000 | 52,809,000 | 57,753,000 |
| Noninterest-bearing deposits | 6,685,000 | 7,183,000 | 6,490,000 | 6,520,000 |
| Equity capital | 8,437,000 | 8,279,000 | 8,522,000 | 8,517,000 |
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 | 1,410,000 | 2,849,000 | 4,266,000 | 5,616,000 |
| Interest expense | 582,000 | 1,112,000 | 1,643,000 | 2,185,000 |
| Net interest income | 828,000 | 1,737,000 | 2,623,000 | 3,431,000 |
| Noninterest income | 95,000 | 191,000 | 301,000 | 420,000 |
| Noninterest expense | 825,000 | 1,650,000 | 2,469,000 | 3,289,000 |
| Provision for loan losses | 40,000 | 123,000 | 202,000 | 456,000 |
| Pretax income | 79,000 | 176,000 | 273,000 | 127,000 |
| Income tax | 27,000 | 60,000 | 92,000 | 88,000 |
| Net income | 52,000 | 116,000 | 181,000 | 39,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,331,000 | 8,328,000 | 8,467,000 | 8,211,000 |
| Total capital | 8,949,000 | 8,998,000 | 9,157,000 | 8,944,000 |
| Risk-weighted assets | 54,287,000 | 55,575,000 | 56,869,000 | 58,498,000 |