Call reports 2019
BAYFIRST NATIONAL BANK — 2019
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 409,201,000 | 460,352,000 | 506,778,000 | 531,151,000 |
| Total loans | 351,710,000 | 367,878,000 | 372,844,000 | 390,508,000 |
| Allowance for loan losses | 7,322,000 | 9,195,000 | 10,622,000 | 10,742,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 45,000 | 44,000 | 44,000 | 43,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 352,049,000 | 386,795,000 | 413,523,000 | 450,370,000 |
| Interest-bearing deposits | 306,544,000 | 331,173,000 | 358,613,000 | 397,569,000 |
| Noninterest-bearing deposits | 45,505,000 | 55,622,000 | 54,910,000 | 52,801,000 |
| Equity capital | 49,756,000 | 53,350,000 | 56,853,000 | 60,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,876,000 | 12,138,000 | 19,058,000 | 25,701,000 |
| Interest expense | 1,557,000 | 3,344,000 | 5,324,000 | 7,566,000 |
| Net interest income | 4,319,000 | 8,794,000 | 13,734,000 | 18,135,000 |
| Noninterest income | 10,384,000 | 23,926,000 | 39,306,000 | 53,180,000 |
| Noninterest expense | 11,233,000 | 24,099,000 | 39,799,000 | 54,866,000 |
| Provision for loan losses | 2,100,000 | 5,350,000 | 7,650,000 | 8,850,000 |
| Pretax income | 1,370,000 | 3,271,000 | 5,591,000 | 7,599,000 |
| Income tax | 394,000 | 960,000 | 1,602,000 | 2,132,000 |
| Net income | 976,000 | 2,311,000 | 3,989,000 | 5,467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,568,000 | 46,327,000 | 49,386,000 | 52,446,000 |
| Total capital | 48,008,000 | 51,031,000 | 54,315,000 | 57,548,000 |
| Risk-weighted assets | 272,690,000 | 292,061,000 | 308,795,000 | 322,560,000 |