BAY BANKS OF VIRGINIA INC

company.status.inactive

CIK 1034594fmd_122205VMZEAWDD5YQ49DYYDY9AFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials

Coverage: Jan 01, 2010 to Sep 30, 2020, 42 periods

Income Statement · Annual · Millions · USD
Line item	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019
Total interest income	16	15	14	13	14	16	18	34	44	50
Total revenues	13	14	15	15	16	17	19	31	38	40
Net interest income	10	10	10	11	12	13	14	28	34	35
Realized investment gains (losses)	0	(0)	–	–	–	–	–	0	–	(0)
Provision for credit losses	1	0	2	1	1	2	0	5	1	1
Net interest income after provision	9	10	9	10	11	12	14	23	32	34
Gain on sale of real estate	0	(0)	(0)	(0)	(0)	(0)	(0)	0	0	(0)
Non-interest income	3	3	4	5	4	3	5	4	4	5
Compensation and benefits	6	6	6	6	6	8	8	13	16	16
Non-interest expense	12	13	12	13	13	15	15	27	32	30
Interest expense	6	4	3	3	2	3	4	6	10	15
Other non-operating income (expense)	–	–	–	–	1	0	0	0	–	–
Income before taxes	0	0	1	2	2	0	4	(0)	4	9
Income tax expense	(0)	(0)	0	0	1	(0)	1	1	1	2
Net income from continuing operations	0	0	1	1	2	0	3	(1)	4	7
Net income	0	0	1	1	2	0	3	(1)	4	7