Call reports 2024
BAY BANK — 2024
What BAY 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 | 265,248,000 | 266,860,000 | 269,405,000 | 278,225,000 |
| Total loans | 105,442,000 | 109,637,000 | 112,036,000 | 113,396,000 |
| Allowance for loan losses | 1,527,000 | 1,594,000 | 1,698,000 | 1,907,000 |
| Securities available for sale | 94,320,000 | 97,655,000 | 105,680,000 | 112,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,111,000 | 235,902,000 | 233,111,000 | 244,303,000 |
| Interest-bearing deposits | 174,379,000 | 172,567,000 | 167,836,000 | 174,991,000 |
| Noninterest-bearing deposits | 61,732,000 | 63,335,000 | 65,275,000 | 69,312,000 |
| Equity capital | 19,148,000 | 20,009,000 | 23,527,000 | 22,366,000 |
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 | 2,789,000 | 5,663,000 | 8,625,000 | 11,765,000 |
| Interest expense | 459,000 | 955,000 | 1,459,000 | 1,989,000 |
| Net interest income | 2,330,000 | 4,708,000 | 7,166,000 | 9,776,000 |
| Noninterest income | 590,000 | 1,208,000 | 1,940,000 | 2,764,000 |
| Noninterest expense | 1,592,000 | 3,225,000 | 4,908,000 | 6,641,000 |
| Provision for loan losses | 87,000 | 213,000 | 364,000 | 780,000 |
| Pretax income | 1,241,000 | 2,475,000 | 3,776,000 | 5,077,000 |
| Income tax | 302,000 | 610,000 | 934,000 | 1,254,000 |
| Net income | 939,000 | 1,865,000 | 2,842,000 | 3,823,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,315,000 | 26,241,000 | 27,217,000 | 28,199,000 |
| Total capital | 26,811,000 | 27,788,000 | 28,840,000 | 29,875,000 |
| Risk-weighted assets | 119,655,000 | 123,731,000 | 129,696,000 | 133,785,000 |