Call reports 2002
BAYFIRST NATIONAL BANK — 2002
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 54,643,000 | 56,382,000 | 59,961,000 | 62,199,000 |
| Total loans | 42,187,000 | 44,302,000 | 46,358,000 | 51,466,000 |
| Allowance for loan losses | 584,000 | 627,000 | 646,000 | 681,000 |
| Securities available for sale | 2,485,000 | 0 | 0 | 0 |
| Securities held to maturity | 4,677,000 | 4,856,000 | 4,369,000 | 2,797,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,937,000 | 45,760,000 | 48,576,000 | 48,240,000 |
| Interest-bearing deposits | 38,266,000 | 40,626,000 | 41,118,000 | 42,257,000 |
| Noninterest-bearing deposits | 5,671,000 | 5,134,000 | 7,458,000 | 5,983,000 |
| Equity capital | 5,143,000 | 5,411,000 | 5,534,000 | 5,826,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 902,000 | 1,840,000 | 2,801,000 | 3,800,000 |
| Interest expense | 308,000 | 614,000 | 921,000 | 1,213,000 |
| Net interest income | 594,000 | 1,226,000 | 1,880,000 | 2,587,000 |
| Noninterest income | 95,000 | 194,000 | 309,000 | 429,000 |
| Noninterest expense | 449,000 | 904,000 | 1,375,000 | 1,865,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 214,000 | 454,000 | 707,000 | 999,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 214,000 | 454,000 | 707,000 | 999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,172,000 | 5,411,000 | 5,534,000 | 5,826,000 |
| Total capital | 5,663,000 | 5,922,000 | 6,073,000 | 6,405,000 |
| Risk-weighted assets | 39,171,000 | 40,733,000 | 43,004,000 | 46,171,000 |