Call reports 2015
BAYFIRST NATIONAL BANK — 2015
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 91,052,000 | 92,624,000 | 100,299,000 | 104,935,000 |
| Total loans | 66,957,000 | 69,470,000 | 74,242,000 | 75,970,000 |
| Allowance for loan losses | 1,386,000 | 1,465,000 | 1,624,000 | 1,617,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,583,000 | 1,085,000 | 509,000 | 91,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,942,000 | 77,452,000 | 86,649,000 | 86,669,000 |
| Interest-bearing deposits | 50,668,000 | 56,185,000 | 69,982,000 | 69,610,000 |
| Noninterest-bearing deposits | 24,274,000 | 21,267,000 | 16,667,000 | 17,059,000 |
| Equity capital | 7,087,000 | 7,700,000 | 8,341,000 | 9,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 869,000 | 1,833,000 | 2,893,000 | 4,044,000 |
| Interest expense | 62,000 | 128,000 | 222,000 | 322,000 |
| Net interest income | 807,000 | 1,705,000 | 2,671,000 | 3,722,000 |
| Noninterest income | 649,000 | 1,399,000 | 2,703,000 | 4,325,000 |
| Noninterest expense | 950,000 | 2,079,000 | 3,327,000 | 4,613,000 |
| Provision for loan losses | 0 | 75,000 | 175,000 | 175,000 |
| Pretax income | 506,000 | 961,000 | 1,875,000 | 3,283,000 |
| Income tax | 35,000 | 52,000 | 396,000 | 926,000 |
| Net income | 471,000 | 909,000 | 1,479,000 | 2,357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,775,000 | 7,398,000 | 8,292,000 | 9,148,000 |
| Total capital | 8,089,000 | 8,748,000 | 10,187,000 | 11,084,000 |
| Risk-weighted assets | 64,620,000 | 67,120,000 | 72,859,000 | 76,433,000 |