Call reports 2021
BAYFIRST NATIONAL BANK — 2021
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,716,745,000 | 1,196,668,000 | 943,633,000 | 917,272,000 |
| Total loans | 1,597,231,000 | 1,021,637,000 | 747,501,000 | 699,504,000 |
| Allowance for loan losses | 22,017,000 | 20,797,000 | 16,616,000 | 13,452,000 |
| Securities available for sale | 0 | 22,674,000 | 32,535,000 | 30,893,000 |
| Securities held to maturity | 31,000 | 5,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 610,323,000 | 634,045,000 | 678,279,000 | 724,237,000 |
| Interest-bearing deposits | 529,498,000 | 551,172,000 | 587,409,000 | 638,047,000 |
| Noninterest-bearing deposits | 80,825,000 | 82,873,000 | 90,870,000 | 86,190,000 |
| Equity capital | 85,978,000 | 99,281,000 | 100,672,000 | 103,481,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 14,893,000 | 29,890,000 | 39,434,000 | 47,543,000 |
| Interest expense | 2,125,000 | 3,986,000 | 5,416,000 | 6,734,000 |
| Net interest income | 12,768,000 | 25,904,000 | 34,018,000 | 40,809,000 |
| Noninterest income | 33,159,000 | 71,371,000 | 93,364,000 | 117,553,000 |
| Noninterest expense | 33,617,000 | 66,817,000 | 97,709,000 | 127,538,000 |
| Provision for loan losses | 2,000,000 | 2,000,000 | -1,000,000 | -3,500,000 |
| Pretax income | 10,310,000 | 28,458,000 | 30,673,000 | 34,324,000 |
| Income tax | 2,617,000 | 7,220,000 | 7,826,000 | 8,295,000 |
| Net income | 7,693,000 | 21,238,000 | 22,847,000 | 26,029,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,878,000 | 94,892,000 | 96,808,000 | 99,656,000 |
| Total capital | 87,055,000 | 100,685,000 | 102,678,000 | 106,002,000 |
| Risk-weighted assets | 476,622,000 | 446,118,000 | 456,428,000 | 498,859,000 |