Call reports 2017
BAYFIRST NATIONAL BANK — 2017
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 178,765,000 | 208,638,000 | 226,707,000 | 257,880,000 |
| Total loans | 138,334,000 | 169,940,000 | 186,628,000 | 214,771,000 |
| Allowance for loan losses | 5,008,000 | 6,361,000 | 7,055,000 | 7,627,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 80,000 | 64,000 | 64,000 | 63,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,316,000 | 173,924,000 | 184,485,000 | 198,138,000 |
| Interest-bearing deposits | 127,257,000 | 148,564,000 | 158,026,000 | 170,788,000 |
| Noninterest-bearing deposits | 26,059,000 | 25,360,000 | 26,459,000 | 27,350,000 |
| Equity capital | 18,443,000 | 28,088,000 | 30,040,000 | 31,926,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,154,000 | 4,936,000 | 8,309,000 | 11,912,000 |
| Interest expense | 279,000 | 707,000 | 1,297,000 | 1,969,000 |
| Net interest income | 1,875,000 | 4,229,000 | 7,012,000 | 9,943,000 |
| Noninterest income | 4,579,000 | 9,559,000 | 15,150,000 | 23,229,000 |
| Noninterest expense | 3,431,000 | 7,584,000 | 13,457,000 | 22,362,000 |
| Provision for loan losses | 975,000 | 2,600,000 | 3,575,000 | 4,550,000 |
| Pretax income | 2,048,000 | 3,604,000 | 5,130,000 | 6,260,000 |
| Income tax | 771,000 | 1,357,000 | 1,931,000 | 2,506,000 |
| Net income | 1,277,000 | 2,247,000 | 3,199,000 | 3,754,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,089,000 | 25,387,000 | 26,938,000 | 27,790,000 |
| Total capital | 18,700,000 | 28,297,000 | 30,162,000 | 31,366,000 |
| Risk-weighted assets | 127,177,000 | 150,030,000 | 174,694,000 | 202,701,000 |