Call reports 2008
BAYFIRST NATIONAL BANK — 2008
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 96,666,000 | 98,223,000 | 97,556,000 | 98,652,000 |
| Total loans | 82,856,000 | 85,047,000 | 87,041,000 | 87,307,000 |
| Allowance for loan losses | 1,073,000 | 1,098,000 | 1,133,000 | 1,095,000 |
| Securities available for sale | 2,769,000 | 3,295,000 | 3,317,000 | 2,862,000 |
| Securities held to maturity | 325,000 | 1,345,000 | 1,344,000 | 275,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,213,000 | 74,020,000 | 73,960,000 | 74,901,000 |
| Interest-bearing deposits | 66,801,000 | 65,409,000 | 66,812,000 | 68,258,000 |
| Noninterest-bearing deposits | 8,412,000 | 8,611,000 | 7,148,000 | 6,642,000 |
| Equity capital | 8,617,000 | 8,569,000 | 8,635,000 | 8,674,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,607,000 | 3,196,000 | 4,763,000 | 6,195,000 |
| Interest expense | 758,000 | 1,444,000 | 2,129,000 | 2,779,000 |
| Net interest income | 849,000 | 1,752,000 | 2,634,000 | 3,416,000 |
| Noninterest income | 96,000 | 214,000 | 334,000 | 447,000 |
| Noninterest expense | 643,000 | 1,342,000 | 2,052,000 | 2,686,000 |
| Provision for loan losses | 14,000 | 44,000 | 79,000 | 308,000 |
| Pretax income | 329,000 | 633,000 | 890,000 | 961,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 329,000 | 633,000 | 890,000 | 961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,572,000 | 8,660,000 | 8,694,000 | 8,646,000 |
| Total capital | 9,514,000 | 9,623,000 | 9,669,000 | 9,631,000 |
| Risk-weighted assets | 75,266,000 | 76,867,000 | 77,881,000 | 78,705,000 |