Call reports 2023
BAYFIRST NATIONAL BANK — 2023
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,069,502,000 | 1,086,993,000 | 1,133,810,000 | 1,117,970,000 |
| Total loans | 793,916,000 | 837,951,000 | 880,301,000 | 915,726,000 |
| Allowance for loan losses | 12,227,000 | 12,598,000 | 13,365,000 | 13,497,000 |
| Securities available for sale | 42,435,000 | 41,343,000 | 39,683,000 | 39,575,000 |
| Securities held to maturity | 2,502,000 | 2,502,000 | 2,501,000 | 2,501,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 934,092,000 | 945,541,000 | 1,018,295,000 | 986,091,000 |
| Interest-bearing deposits | 826,280,000 | 843,701,000 | 919,788,000 | 891,430,000 |
| Noninterest-bearing deposits | 107,812,000 | 101,840,000 | 98,507,000 | 94,661,000 |
| Equity capital | 97,986,000 | 98,744,000 | 102,035,000 | 107,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 14,251,000 | 32,043,000 | 49,662,000 | 68,516,000 |
| Interest expense | 5,074,000 | 12,634,000 | 21,736,000 | 31,590,000 |
| Net interest income | 9,177,000 | 19,409,000 | 27,926,000 | 36,926,000 |
| Noninterest income | 9,448,000 | 20,385,000 | 35,064,000 | 49,754,000 |
| Noninterest expense | 15,255,000 | 31,263,000 | 48,479,000 | 66,740,000 |
| Provision for loan losses | 1,943,000 | 4,584,000 | 7,586,000 | 10,331,000 |
| Pretax income | 1,427,000 | 3,826,000 | 6,804,000 | 9,496,000 |
| Income tax | 348,000 | 943,000 | 1,705,000 | 2,493,000 |
| Net income | 1,079,000 | 2,722,000 | 4,893,000 | 6,790,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,353,000 | 99,348,000 | 99,010,000 | 103,274,000 |
| Total capital | 107,930,000 | 109,428,000 | 109,171,000 | 114,256,000 |
| Risk-weighted assets | 764,376,000 | 804,798,000 | 810,722,000 | 877,113,000 |