Call reports 2003
BAYFIRST NATIONAL BANK — 2003
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 61,656,000 | 63,497,000 | 67,890,000 | 67,014,000 |
| Total loans | 53,329,000 | 52,481,000 | 53,637,000 | 55,216,000 |
| Allowance for loan losses | 713,000 | 751,000 | 790,000 | 835,000 |
| Securities available for sale | 501,000 | 501,000 | 2,015,000 | 4,002,000 |
| Securities held to maturity | 2,280,000 | 1,976,000 | 1,574,000 | 2,853,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,835,000 | 52,028,000 | 56,234,000 | 55,987,000 |
| Interest-bearing deposits | 43,495,000 | 44,380,000 | 47,256,000 | 46,626,000 |
| Noninterest-bearing deposits | 7,340,000 | 7,648,000 | 8,978,000 | 9,361,000 |
| Equity capital | 5,584,000 | 5,912,000 | 5,981,000 | 6,271,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 980,000 | 1,966,000 | 2,933,000 | 3,911,000 |
| Interest expense | 268,000 | 526,000 | 767,000 | 1,010,000 |
| Net interest income | 712,000 | 1,440,000 | 2,166,000 | 2,901,000 |
| Noninterest income | 140,000 | 331,000 | 483,000 | 611,000 |
| Noninterest expense | 537,000 | 1,085,000 | 1,607,000 | 2,114,000 |
| Provision for loan losses | 48,000 | 94,000 | 139,000 | 184,000 |
| Pretax income | 267,000 | 594,000 | 905,000 | 1,216,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 267,000 | 594,000 | 905,000 | 1,216,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,583,000 | 5,911,000 | 5,965,000 | 6,267,000 |
| Total capital | 6,175,000 | 6,507,000 | 6,572,000 | 6,883,000 |
| Risk-weighted assets | 47,273,000 | 47,506,000 | 48,343,000 | 49,053,000 |