Call reports 2011
BAYFIRST NATIONAL BANK — 2011
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 88,379,000 | 78,245,000 | 75,407,000 | 72,483,000 |
| Total loans | 68,015,000 | 62,921,000 | 59,755,000 | 56,425,000 |
| Allowance for loan losses | 1,766,000 | 1,185,000 | 1,217,000 | 1,212,000 |
| Securities available for sale | 1,588,000 | 601,000 | 601,000 | 600,000 |
| Securities held to maturity | 564,000 | 533,000 | 498,000 | 409,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,876,000 | 68,068,000 | 65,743,000 | 63,794,000 |
| Interest-bearing deposits | 57,798,000 | 53,599,000 | 53,240,000 | 50,817,000 |
| Noninterest-bearing deposits | 13,079,000 | 14,469,000 | 12,502,000 | 12,977,000 |
| Equity capital | 7,910,000 | 6,282,000 | 5,781,000 | 4,787,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 933,000 | 1,839,000 | 2,711,000 | 3,554,000 |
| Interest expense | 190,000 | 343,000 | 475,000 | 596,000 |
| Net interest income | 743,000 | 1,496,000 | 2,236,000 | 2,958,000 |
| Noninterest income | 0 | -112,000 | -253,000 | -490,000 |
| Noninterest expense | 1,098,000 | 2,122,000 | 3,140,000 | 4,002,000 |
| Provision for loan losses | 212,000 | 1,469,000 | 1,551,000 | 2,168,000 |
| Pretax income | -567,000 | -2,205,000 | -2,706,000 | -3,700,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -567,000 | -2,205,000 | -2,706,000 | -3,700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,919,000 | 6,281,000 | 5,780,000 | 4,786,000 |
| Total capital | 8,703,000 | 7,023,000 | 6,477,000 | 5,462,000 |
| Risk-weighted assets | 61,749,000 | 58,552,000 | 55,255,000 | 53,520,000 |