Call reports 2020
BAYFIRST NATIONAL BANK — 2020
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 562,473,000 | 1,469,864,000 | 1,501,373,000 | 1,544,574,000 |
| Total loans | 436,752,000 | 1,262,969,000 | 1,416,094,000 | 1,436,963,000 |
| Allowance for loan losses | 11,441,000 | 12,880,000 | 18,913,000 | 21,162,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 43,000 | 42,000 | 42,000 | 41,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 479,226,000 | 577,279,000 | 512,087,000 | 561,222,000 |
| Interest-bearing deposits | 427,611,000 | 502,594,000 | 440,026,000 | 496,134,000 |
| Noninterest-bearing deposits | 51,615,000 | 74,685,000 | 72,061,000 | 65,088,000 |
| Equity capital | 59,828,000 | 62,473,000 | 70,509,000 | 78,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,806,000 | 17,197,000 | 29,818,000 | 43,731,000 |
| Interest expense | 2,286,000 | 5,092,000 | 7,481,000 | 9,682,000 |
| Net interest income | 4,520,000 | 12,105,000 | 22,337,000 | 34,049,000 |
| Noninterest income | 12,760,000 | 34,126,000 | 66,318,000 | 97,695,000 |
| Noninterest expense | 17,095,000 | 39,593,000 | 67,710,000 | 98,072,000 |
| Provision for loan losses | 1,900,000 | 4,900,000 | 11,900,000 | 16,900,000 |
| Pretax income | -1,715,000 | 1,738,000 | 9,045,000 | 16,772,000 |
| Income tax | -1,328,000 | -431,000 | 1,443,000 | 3,374,000 |
| Net income | -387,000 | 2,169,000 | 7,602,000 | 13,398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,486,000 | 55,603,000 | 64,254,000 | 72,825,000 |
| Total capital | 57,495,000 | 60,806,000 | 70,179,000 | 78,824,000 |
| Risk-weighted assets | 353,264,000 | 367,364,000 | 419,100,000 | 463,202,000 |