PackageTrendsPeer
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Bay National Bank

Lutherville, MD · Cert 35462

FDIC

Q2 2010

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2010, the quarter ended June 30, 2010, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Bay National Bank

Lutherville, MD · Cert 35462

FDIC

Q2 2010

$217.7MAssets
$138.3MLoans
$212.6MDeposits
$4.3MEquity
Loan mix
65%RE $82.2M34%C&I $42.7M1%Consumer $0.7MQ2 2009Q2 2010
Deposit mix
82%Interest-bearing $174.9M18%Noninterest $37.7MQ2 2009Q2 2010

NIM

6.04%Q2 ’084.27%Q2 ’093.88%Q2 ’10-40%+5%

Non-interest income vs. expense

4.10%Q2 ’082.98%Q2 ’093.91%Q2 ’10-29%+36%

Executive Summary

  • Earnings: ROA of -2.66%, down 88 bps year over year; NIM at 2.33%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.32%.
  • Funding: loans stand at 65.04% of deposits as of Q2 2010.

Financial Results

Return on Assets (YTD, annualized)

-2.66%-88 bps YoY

Net Interest Margin (YTD, annualized)

2.33%+11 bps YoY

Efficiency Ratio (YTD, annualized)

151.14%+3,279 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets-1.78%-1.77%-5.25%-3.65%-2.66%-88 bps
Return on Equity-24.23%-24.80%-84.22%-168.61%-125.86%-10,163 bps
Net Interest Margin2.22%2.11%2.13%2.19%2.33%+11 bps
Efficiency Ratio118.35%120.30%139.90%142.37%151.14%+3,279 bps
Non-Interest Burden2.68%2.60%3.10%3.23%3.65%+97 bps
Growth
Asset Growth (YoY)14.83%8.43%7.17%-5.13%-31.23%-4,606 bps
Loan Growth (YoY)-12.06%-16.86%-21.61%-25.82%-38.16%-2,610 bps
Deposit Growth (YoY)27.89%18.79%14.90%0.61%-27.00%-5,490 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.54%3.39%3.40%5.82%4.32%+178 bps
Allowance / Loans3.01%3.05%5.02%4.86%6.23%+322 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital8.12%8.21%4.90%3.75%3.94%-419 bps
Equity / Assets6.38%6.42%2.57%1.75%1.99%-439 bps
Liquidity & Funding
Loans / Deposits76.77%73.19%69.07%66.60%65.04%-1,173 bps
Liquid Assets / Assets5.19%19.05%23.83%26.32%24.71%+1,951 bps
CRE / Total Capitaln/an/an/an/an/an/an/a