Call reports 2014
BAYFIRST NATIONAL BANK — 2014
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 71,561,000 | 76,096,000 | 76,375,000 | 82,348,000 |
| Total loans | 51,442,000 | 52,071,000 | 52,770,000 | 58,979,000 |
| Allowance for loan losses | 1,339,000 | 1,347,000 | 1,357,000 | 1,396,000 |
| Securities available for sale | 776,000 | 783,000 | 784,000 | 0 |
| Securities held to maturity | 1,580,000 | 1,585,000 | 1,585,000 | 1,584,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,438,000 | 64,104,000 | 62,768,000 | 68,919,000 |
| Interest-bearing deposits | 44,357,000 | 43,672,000 | 41,265,000 | 48,220,000 |
| Noninterest-bearing deposits | 19,081,000 | 20,432,000 | 21,503,000 | 20,699,000 |
| Equity capital | 5,913,000 | 6,253,000 | 6,384,000 | 6,616,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 763,000 | 1,549,000 | 2,343,000 | 3,153,000 |
| Interest expense | 57,000 | 110,000 | 162,000 | 213,000 |
| Net interest income | 706,000 | 1,439,000 | 2,181,000 | 2,940,000 |
| Noninterest income | 103,000 | 204,000 | 336,000 | 602,000 |
| Noninterest expense | 686,000 | 1,337,000 | 2,082,000 | 3,055,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 123,000 | 306,000 | 435,000 | 477,000 |
| Income tax | 0 | 0 | 0 | -175,000 |
| Net income | 123,000 | 306,000 | 435,000 | 652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,937,000 | 6,269,000 | 6,400,000 | 6,616,000 |
| Total capital | 6,593,000 | 6,948,000 | 7,088,000 | 7,868,000 |
| Risk-weighted assets | 51,758,000 | 53,633,000 | 54,347,000 | 59,538,000 |