Call reports 2003
BAY BANK — 2003
What BAY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 66,857,000 | 70,376,000 | 70,951,000 | 71,145,000 |
| Total loans | 50,901,000 | 53,029,000 | 56,362,000 | 57,130,000 |
| Allowance for loan losses | 749,000 | 742,000 | 780,000 | 803,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,504,000 | 7,900,000 | 7,748,000 | 8,089,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,573,000 | 60,825,000 | 62,201,000 | 62,235,000 |
| Interest-bearing deposits | 51,505,000 | 54,707,000 | 55,293,000 | 54,237,000 |
| Noninterest-bearing deposits | 6,068,000 | 6,118,000 | 6,908,000 | 7,998,000 |
| Equity capital | 7,246,000 | 7,527,000 | 7,825,000 | 8,069,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,085,000 | 2,172,000 | 3,281,000 | 4,338,000 |
| Interest expense | 445,000 | 856,000 | 1,242,000 | 1,573,000 |
| Net interest income | 640,000 | 1,316,000 | 2,039,000 | 2,765,000 |
| Noninterest income | 275,000 | 559,000 | 818,000 | 1,016,000 |
| Noninterest expense | 491,000 | 967,000 | 1,432,000 | 1,934,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 379,000 | 818,000 | 1,290,000 | 1,667,000 |
| Income tax | 133,000 | 291,000 | 465,000 | 598,000 |
| Net income | 246,000 | 527,000 | 825,000 | 1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,246,000 | 7,527,000 | 7,825,000 | 8,069,000 |
| Total capital | 7,851,000 | 8,171,000 | 8,501,000 | 8,772,000 |
| Risk-weighted assets | 48,286,000 | 51,415,000 | 53,968,000 | 56,121,000 |