Call reports 2024
BAYFIRST NATIONAL BANK — 2024
What BAYFIRST NATIONAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,144,417,000 | 1,218,124,000 | 1,245,368,000 | 1,288,291,000 |
| Total loans | 937,093,000 | 1,008,314,000 | 1,043,040,000 | 1,066,560,000 |
| Allowance for loan losses | 13,906,000 | 13,843,000 | 14,186,000 | 15,512,000 |
| Securities available for sale | 42,515,000 | 38,685,000 | 37,983,000 | 36,291,000 |
| Securities held to maturity | 2,501,000 | 2,500,000 | 2,500,000 | 2,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,008,228,000 | 1,042,958,000 | 1,112,684,000 | 1,143,707,000 |
| Interest-bearing deposits | 910,338,000 | 948,348,000 | 1,016,200,000 | 1,041,486,000 |
| Noninterest-bearing deposits | 97,890,000 | 94,610,000 | 96,484,000 | 102,221,000 |
| Equity capital | 107,571,000 | 107,927,000 | 109,236,000 | 117,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 19,188,000 | 39,613,000 | 61,057,000 | 82,810,000 |
| Interest expense | 10,326,000 | 21,454,000 | 33,333,000 | 44,325,000 |
| Net interest income | 8,862,000 | 18,159,000 | 27,724,000 | 38,485,000 |
| Noninterest income | 14,268,000 | 25,919,000 | 38,174,000 | 60,418,000 |
| Noninterest expense | 17,515,000 | 34,229,000 | 51,160,000 | 66,344,000 |
| Provision for loan losses | 4,061,000 | 7,258,000 | 10,359,000 | 15,054,000 |
| Pretax income | 1,556,000 | 2,791,000 | 4,557,000 | 17,832,000 |
| Income tax | 387,000 | 740,000 | 1,209,000 | 4,534,000 |
| Net income | 1,111,000 | 1,982,000 | 3,279,000 | 13,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,974,000 | 102,081,000 | 102,479,000 | 111,586,000 |
| Total capital | 113,545,000 | 114,204,000 | 115,123,000 | 124,419,000 |
| Risk-weighted assets | 923,797,000 | 968,751,000 | 1,010,605,000 | 1,024,764,000 |