Call reports 2010
BAYFIRST NATIONAL BANK — 2010
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 96,368,000 | 94,506,000 | 92,231,000 | 82,310,000 |
| Total loans | 79,555,000 | 77,519,000 | 74,300,000 | 69,999,000 |
| Allowance for loan losses | 2,434,000 | 4,785,000 | 3,069,000 | 1,826,000 |
| Securities available for sale | 0 | 0 | 0 | 1,589,000 |
| Securities held to maturity | 713,000 | 654,000 | 652,000 | 578,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,961,000 | 78,278,000 | 77,343,000 | 69,156,000 |
| Interest-bearing deposits | 67,335,000 | 68,187,000 | 68,265,000 | 61,100,000 |
| Noninterest-bearing deposits | 10,626,000 | 10,091,000 | 9,079,000 | 8,056,000 |
| Equity capital | 7,195,000 | 4,982,000 | 4,567,000 | 2,978,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,173,000 | 2,314,000 | 3,333,000 | 4,354,000 |
| Interest expense | 329,000 | 636,000 | 938,000 | 1,190,000 |
| Net interest income | 844,000 | 1,678,000 | 2,395,000 | 3,164,000 |
| Noninterest income | 106,000 | 198,000 | 188,000 | -103,000 |
| Noninterest expense | 739,000 | 1,522,000 | 2,368,000 | 3,185,000 |
| Provision for loan losses | 978,000 | 3,336,000 | 3,612,000 | 4,854,000 |
| Pretax income | -767,000 | -2,980,000 | -3,395,000 | -4,976,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -767,000 | -2,980,000 | -3,395,000 | -4,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,195,000 | 4,982,000 | 4,567,000 | 2,986,000 |
| Total capital | 8,087,000 | 5,883,000 | 5,417,000 | 3,787,000 |
| Risk-weighted assets | 69,819,000 | 68,187,000 | 65,809,000 | 63,094,000 |