Call reports 2018
BAYFIRST NATIONAL BANK — 2018
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 292,577,000 | 318,049,000 | 351,129,000 | 364,059,000 |
| Total loans | 234,001,000 | 248,448,000 | 272,083,000 | 310,049,000 |
| Allowance for loan losses | 8,264,000 | 8,417,000 | 8,415,000 | 6,475,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 62,000 | 62,000 | 61,000 | 45,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,166,000 | 269,873,000 | 301,413,000 | 308,051,000 |
| Interest-bearing deposits | 212,260,000 | 235,756,000 | 264,040,000 | 268,963,000 |
| Noninterest-bearing deposits | 35,906,000 | 34,117,000 | 37,373,000 | 39,088,000 |
| Equity capital | 35,915,000 | 40,771,000 | 41,440,000 | 45,733,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,016,000 | 9,295,000 | 13,852,000 | 21,597,000 |
| Interest expense | 809,000 | 1,858,000 | 2,975,000 | 4,142,000 |
| Net interest income | 3,207,000 | 7,437,000 | 10,877,000 | 17,455,000 |
| Noninterest income | 9,332,000 | 19,151,000 | 29,467,000 | 29,538,000 |
| Noninterest expense | 9,822,000 | 21,801,000 | 34,082,000 | 46,908,000 |
| Provision for loan losses | 1,000,000 | 1,650,000 | 2,300,000 | 1,250,000 |
| Pretax income | 1,717,000 | 3,137,000 | 3,962,000 | -1,165,000 |
| Income tax | 434,000 | 795,000 | 1,023,000 | -335,000 |
| Net income | 1,283,000 | 2,342,000 | 2,939,000 | -830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,620,000 | 35,275,000 | 35,710,000 | 40,178,000 |
| Total capital | 34,363,000 | 39,154,000 | 39,766,000 | 44,228,000 |
| Risk-weighted assets | 215,523,000 | 226,266,000 | 240,468,000 | 241,881,000 |