Call reports 2023
BAY BANK — 2023
What BAY 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 | 226,885,000 | 221,051,000 | 236,920,000 | 249,427,000 |
| Total loans | 87,640,000 | 89,249,000 | 91,814,000 | 102,599,000 |
| Allowance for loan losses | 1,622,000 | 1,568,000 | 1,505,000 | 1,540,000 |
| Securities available for sale | 89,713,000 | 88,940,000 | 87,549,000 | 94,133,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,116,000 | 200,005,000 | 214,513,000 | 225,235,000 |
| Interest-bearing deposits | 139,161,000 | 131,784,000 | 141,387,000 | 147,624,000 |
| Noninterest-bearing deposits | 59,955,000 | 68,221,000 | 73,126,000 | 77,611,000 |
| Equity capital | 16,227,000 | 15,886,000 | 14,353,000 | 18,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,883,000 | 3,953,000 | 6,120,000 | 8,765,000 |
| Interest expense | 253,000 | 612,000 | 1,003,000 | 1,414,000 |
| Net interest income | 1,630,000 | 3,341,000 | 5,117,000 | 7,351,000 |
| Noninterest income | 429,000 | 726,000 | 1,023,000 | 1,730,000 |
| Noninterest expense | 1,503,000 | 2,957,000 | 4,456,000 | 6,072,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 556,000 | 1,110,000 | 1,684,000 | 2,869,000 |
| Income tax | 135,000 | 268,000 | 405,000 | 551,000 |
| Net income | 421,000 | 842,000 | 1,279,000 | 2,318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,704,000 | 22,900,000 | 23,337,000 | 24,376,000 |
| Total capital | 23,992,000 | 24,180,000 | 24,688,000 | 25,845,000 |
| Risk-weighted assets | 102,774,000 | 102,155,000 | 107,962,000 | 117,424,000 |