Call reports 2005
BAYFIRST NATIONAL BANK — 2005
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 76,713,000 | 77,478,000 | 82,223,000 | 89,148,000 |
| Total loans | 63,217,000 | 65,464,000 | 70,987,000 | 75,779,000 |
| Allowance for loan losses | 914,000 | 931,000 | 952,000 | 978,000 |
| Securities available for sale | 4,923,000 | 4,953,000 | 4,939,000 | 4,930,000 |
| Securities held to maturity | 1,268,000 | 1,270,000 | 1,272,000 | 1,229,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,390,000 | 63,457,000 | 65,791,000 | 70,542,000 |
| Interest-bearing deposits | 49,036,000 | 52,410,000 | 54,076,000 | 58,326,000 |
| Noninterest-bearing deposits | 13,354,000 | 11,047,000 | 11,715,000 | 12,216,000 |
| Equity capital | 6,779,000 | 7,001,000 | 7,217,000 | 7,369,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,054,000 | 2,241,000 | 3,499,000 | 4,897,000 |
| Interest expense | 273,000 | 593,000 | 944,000 | 1,408,000 |
| Net interest income | 781,000 | 1,648,000 | 2,555,000 | 3,489,000 |
| Noninterest income | 91,000 | 252,000 | 409,000 | 530,000 |
| Noninterest expense | 538,000 | 1,143,000 | 1,747,000 | 2,402,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 84,000 |
| Pretax income | 313,000 | 715,000 | 1,154,000 | 1,533,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 313,000 | 715,000 | 1,154,000 | 1,533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,857,000 | 7,048,000 | 7,278,000 | 7,434,000 |
| Total capital | 7,576,000 | 7,792,000 | 8,094,000 | 8,291,000 |
| Risk-weighted assets | 57,364,000 | 59,328,000 | 65,177,000 | 68,432,000 |