Call reports 2023
BAYCOAST BANK — 2023
What BAYCOAST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,919,917,000 | 2,901,000,000 | 2,882,005,000 | 2,879,323,000 |
| Total loans | 2,376,470,000 | 2,394,810,000 | 2,389,830,000 | 2,408,656,000 |
| Allowance for loan losses | 19,583,000 | 18,579,000 | 18,813,000 | 18,900,000 |
| Securities available for sale | 275,405,000 | 242,541,000 | 241,536,000 | 240,619,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,589,445,000 | 2,418,136,000 | 2,379,493,000 | 2,358,763,000 |
| Interest-bearing deposits | 2,157,468,000 | 2,000,748,000 | 1,954,831,000 | 1,957,849,000 |
| Noninterest-bearing deposits | 431,977,000 | 417,388,000 | 424,662,000 | 400,914,000 |
| Equity capital | 221,862,000 | 224,388,000 | 227,138,000 | 238,356,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 30,727,000 | 62,912,000 | 96,054,000 | 129,499,000 |
| Interest expense | 11,221,000 | 24,598,000 | 39,008,000 | 54,640,000 |
| Net interest income | 19,506,000 | 38,314,000 | 57,046,000 | 74,859,000 |
| Noninterest income | 10,301,000 | 22,368,000 | 34,576,000 | 46,940,000 |
| Noninterest expense | 25,886,000 | 52,586,000 | 78,631,000 | 104,476,000 |
| Provision for loan losses | 0 | -804,000 | -55,000 | 345,000 |
| Pretax income | 1,850,000 | 5,395,000 | 9,637,000 | 13,597,000 |
| Income tax | 336,000 | 1,180,000 | 2,333,000 | 3,189,000 |
| Net income | 1,514,000 | 4,215,000 | 7,304,000 | 10,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 223,142,000 | 225,812,000 | 228,563,000 | 230,329,000 |
| Total capital | 244,302,000 | 245,467,000 | 248,453,000 | 249,806,000 |
| Risk-weighted assets | 2,365,468,000 | 2,327,695,000 | 2,305,225,000 | 2,288,094,000 |