Call reports 2004
BAYFIRST NATIONAL BANK — 2004
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 69,637,000 | 72,997,000 | 68,946,000 | 69,635,000 |
| Total loans | 59,287,000 | 59,443,000 | 58,950,000 | 58,581,000 |
| Allowance for loan losses | 857,000 | 878,000 | 866,000 | 880,000 |
| Securities available for sale | 3,026,000 | 4,938,000 | 4,484,000 | 4,967,000 |
| Securities held to maturity | 637,000 | 638,000 | 635,000 | 1,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,262,000 | 59,934,000 | 57,437,000 | 57,568,000 |
| Interest-bearing deposits | 47,824,000 | 50,484,000 | 49,404,000 | 49,988,000 |
| Noninterest-bearing deposits | 8,438,000 | 9,450,000 | 8,033,000 | 7,580,000 |
| Equity capital | 6,113,000 | 6,425,000 | 6,640,000 | 6,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,018,000 | 2,059,000 | 3,099,000 | 4,136,000 |
| Interest expense | 243,000 | 489,000 | 735,000 | 984,000 |
| Net interest income | 775,000 | 1,570,000 | 2,364,000 | 3,152,000 |
| Noninterest income | 122,000 | 243,000 | 370,000 | 486,000 |
| Noninterest expense | 488,000 | 995,000 | 1,510,000 | 2,086,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 403,000 | 791,000 | 1,178,000 | 1,487,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 403,000 | 791,000 | 1,178,000 | 1,487,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,085,000 | 6,473,000 | 6,656,000 | 6,760,000 |
| Total capital | 6,731,000 | 7,135,000 | 7,304,000 | 7,421,000 |
| Risk-weighted assets | 51,473,000 | 52,717,000 | 51,602,000 | 52,658,000 |