Bay Bank in Mobile, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bay Bank - Overview

  • General
  • FDIC Certificate #: 34872
    Status: Active
    Federal Reserve ID: 2817677
    Bank Holding Company (Regulatory Top Holder): Bcb Holding Company, Inc. (RSSDID: 2821441, Location: Mobile, AL)
    Date Established: September 22, 1999
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 61934
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 22, 1999
    Last Structure Change Effective Date: April 06, 2009
    Last Structure Change Process Date: April 07, 2010
    Last Data Update: April 07, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 6140 Airport Blvd, Mobile, AL 36695
    County: Mobile
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Mobile, AL (#5160)
    Combined Statistical Area (CSA): Mobile-Daphne-Fairhope, AL (#380)
    Core Based Statistical Area (CBSA): Mobile, AL (#33660)
    CBSA Metro Statistical Area: Mobile, AL (#33660)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $86.8 mil
    Equity capital: $6.2 mil
    Deposits held in domestic offices: $64.7 mil
    Return on assets (ROA): 0.02% ($0.0 mil)
    Quarterly return on assets: 0.15% ($0.1 mil)
    Return on Equity (ROE): 0.35% ($0.0 mil)
    Quarterly return on equity: 2.05% ($0.1 mil)
    Net income: $0.0 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.02% ($17.4 mil)
    Quarterly Pretax return on assets: 0.15% ($130.1 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $86,758Total assets
  • $2,365Cash and due from depository institutions
  • $1,397Interest-bearing balances
  • $30,176Securities
  • $6Federal funds sold & reverse repurchase agreements
  • $45,301Net loans & leases
  • $1,096Loan loss allowance
  • $0Trading account assets
  • $4,634Bank premises and fixed assets
  • $1,142Other real estate owned
  • $0Goodwill and other intangibles
  • $86,758Life insurance assets
  • $3,134All other assets
  • $80,598Total liabilities and capital
  • $64,730Total liabilities
  • $52,705Total deposits
  • $64,730Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 476.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,186Trading liabilities
  • $0Other borrowed funds
  • $206Subordinated debt
  • $6,160All other liabilities
  • $6,160Total equity capital
  • $6,160Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $9,906Surplus
  • $-3,747Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $283Long-term assets (5+ years)
  • $76,880Average Assets, year-to-date
  • $39,174Average Assets, quarterly
  • $86,340Volatile liabilities
  • $87,095Insider loans
  • $54,434FHLB advances
  • $85,380Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,232Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,516Restructured Loans and leases
  • $3,173Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,984Total interest income
  • $1,016Total interest expense
  • $2,968Net interest income
  • $0Provision for loan and lease losses
  • $322Total noninterest income
  • $0Fiduciary activities
  • $186Service charges on deposit accounts
  • $0Trading account gains & fees
  • $136Additional noninterest income
  • $3,756Total noninterest expense
  • $1,437Salaries and employee benefits
  • $526Premises and equipment expense
  • $1,793Additional noninterest expense
  • -$466Pre-tax net operating income
  • $487Securities gains (losses)
  • $0Applicable income taxes
  • $21Income before extraordinary items
  • $0Extraordinary gains - net
  • $21Net income attributable to bank
  • $0Net charge-offs
  • $21Cash dividends
  • $193Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.28%Yield on earning assets
  • 1.35%Cost of funding earning assets
  • 3.93%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 4.98%Noninterest expense to earning assets
  • -0.54%Net operating income to assets
  • 0.02%Return on assets (ROA)
  • 0.02%Pretax return on assets
  • 0.35%Return on equity (ROE)
  • 0.35%Retained earnings to average equity (YTD only)
  • 0.41%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -2.41%Efficiency ratio
  • 114,164Assets per employee
  • 3.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.36%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 1.32%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 69.98%Net loans and leases to core deposits
  • 72.06%Equity capital to assets
  • 7.10%Core capital (leverage) ratio
  • 4.96%Tier 1 risk-based capital ratio
  • 7.77%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $86,340Average earning assets
  • $5,952Average equity
  • $75,458Average loans

List of branches

  • 4 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061934Bay Bank6140 Airport Blvd, Mobile, AL 36695September 22, 1999Full Service Brick and Mortar
    1290841Lemoyne Branch650 Lemoyne, Dauphin Island, AL 36528September 22, 1999Full Service Brick and Mortar
    3458385Dauphin Island Parkway Branch10861 Dauphin Island Parkway, Theodore, AL 36582December 31, 2006Full Service Brick and Mortar
    6511133Theodore Oaks Branch5808 Highway 90 West Suite E, Theodore, AL 36582September 01, 2003Full Service Brick and Mortar

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