Call reports 2008
BAY BANK — 2008
What BAY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 102,860,000 | 104,235,000 | 106,973,000 | 107,758,000 |
| Total loans | 73,372,000 | 75,543,000 | 77,936,000 | 77,373,000 |
| Allowance for loan losses | 911,000 | 743,000 | 856,000 | 1,135,000 |
| Securities available for sale | 13,334,000 | 14,354,000 | 14,714,000 | 18,374,000 |
| Securities held to maturity | 6,667,000 | 5,423,000 | 5,294,000 | 3,775,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,497,000 | 73,802,000 | 74,702,000 | 79,342,000 |
| Interest-bearing deposits | 66,910,000 | 66,857,000 | 67,839,000 | 73,648,000 |
| Noninterest-bearing deposits | 7,587,000 | 6,945,000 | 6,864,000 | 5,694,000 |
| Equity capital | 11,510,000 | 11,471,000 | 11,755,000 | 11,422,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,657,000 | 3,275,000 | 4,895,000 | 6,473,000 |
| Interest expense | 896,000 | 1,732,000 | 2,550,000 | 3,325,000 |
| Net interest income | 761,000 | 1,543,000 | 2,345,000 | 3,148,000 |
| Noninterest income | 264,000 | 533,000 | 813,000 | 1,151,000 |
| Noninterest expense | 651,000 | 1,302,000 | 2,008,000 | 2,663,000 |
| Provision for loan losses | 66,000 | 160,000 | 290,000 | 775,000 |
| Pretax income | 308,000 | 614,000 | 860,000 | 861,000 |
| Income tax | 73,000 | 149,000 | 187,000 | 130,000 |
| Net income | 235,000 | 465,000 | 673,000 | 731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,394,000 | 11,624,000 | 11,832,000 | 11,353,000 |
| Total capital | 12,305,000 | 12,367,000 | 12,688,000 | 12,472,000 |
| Risk-weighted assets | 82,816,000 | 87,048,000 | 90,225,000 | 88,777,000 |