Call reports 2016
BAYFIRST NATIONAL BANK — 2016
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 115,751,000 | 122,317,000 | 132,763,000 | 151,255,000 |
| Total loans | 87,898,000 | 102,672,000 | 118,328,000 | 119,886,000 |
| Allowance for loan losses | 1,967,000 | 2,803,000 | 3,779,000 | 4,293,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 90,000 | 89,000 | 81,000 | 81,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,374,000 | 103,784,000 | 111,848,000 | 119,554,000 |
| Interest-bearing deposits | 79,697,000 | 76,827,000 | 81,962,000 | 92,806,000 |
| Noninterest-bearing deposits | 19,677,000 | 26,957,000 | 29,886,000 | 26,748,000 |
| Equity capital | 11,121,000 | 13,061,000 | 14,864,000 | 16,241,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,170,000 | 2,794,000 | 4,528,000 | 6,409,000 |
| Interest expense | 111,000 | 258,000 | 447,000 | 684,000 |
| Net interest income | 1,059,000 | 2,536,000 | 4,081,000 | 5,725,000 |
| Noninterest income | 2,324,000 | 5,573,000 | 9,780,000 | 14,155,000 |
| Noninterest expense | 1,610,000 | 3,849,000 | 6,565,000 | 9,778,000 |
| Provision for loan losses | 325,000 | 1,050,000 | 2,050,000 | 2,650,000 |
| Pretax income | 1,448,000 | 3,210,000 | 5,246,000 | 7,452,000 |
| Income tax | 546,000 | 1,208,000 | 1,976,000 | 2,805,000 |
| Net income | 902,000 | 2,002,000 | 3,270,000 | 4,647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,844,000 | 12,601,000 | 14,223,000 | 15,359,000 |
| Total capital | 12,851,000 | 14,760,000 | 16,567,000 | 17,760,000 |
| Risk-weighted assets | 81,752,000 | 93,143,000 | 107,054,000 | 111,083,000 |