Bay Banks Of Virginia Inc (BAYK) financial statements (2021 and earlier)

Company profile

Business Address 1801 BAYBERRY COURT
RICHMOND, VA 23226
State of Incorp. VA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 433051172021
Cash and cash equivalents 433051172021
Total current assets: 433051172021
Noncurrent Assets
Operating lease, right-of-use asset 4
Property, plant and equipment 201818111212
Intangible assets, net (including goodwill) 131414333
Goodwill 101010333
Intangible assets, net (excluding goodwill) 234   
Total noncurrent assets: 373232141415
Other undisclosed assets 1,0511,018887456422355
TOTAL ASSETS: 1,1321,081971487456390
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 7691876
Total current liabilities: 7691876
Noncurrent Liabilities
Other undisclosed liabilities 999957847427410345
Total liabilities: 1,006963856445417351
Stockholders' equity
Stockholders' equity attributable to parent, including: 126117115424039
Common stock 666666242424
Additional paid in capital 373737333
Accumulated other comprehensive income (loss) 0(1)(1)(1)(1)(1)
Retained earnings 251814161413
Other undisclosed stockholders' equity attributable to parent (2)(2)(1)   
Total stockholders' equity: 126117115424039
TOTAL LIABILITIES AND EQUITY: 1,1321,081971487456390

Income statement (P&L) ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 504436211917
Net investment income 504434181614
Financial services revenue3323
Cost of revenue (1)(1)(5)(0)(2)(1)
Provision for loan, lease, and other losses (1)(1)
Financial services costs(5)(0)(2)(1)
Gross profit: 494231201716
Operating expenses (6)(7)(20)(11)(10)(9)
Other operating expense, net      (0)
Operating income: 4436111078
Nonoperating income 000000
Investment income, nonoperating   0000
Gains (losses) on sales of other real estate   0(0)(0)(0)
Bank owned life insurance income 000000
Mortgage servicing rights (msr) impairment (recovery)   0000
Interest and debt expense (15)(10)(6)(4)(3)(2)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (3)
Income from continuing operations before equity method investments, income taxes: 29265742
Other undisclosed loss from continuing operations before income taxes (20)(22)(6)(3)(4) 
Income (loss) from continuing operations before income taxes: 94(0)402
Income tax expense (benefit) (2)(1)(1)(1)0(1)
Net income (loss) available to common stockholders, diluted: 74(1)302

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): 74(1)302
Other comprehensive income (loss) 2(1)0000
Comprehensive income (loss): 93(1)312
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (1)1 (1)  
Comprehensive income (loss), net of tax, attributable to parent: 84(1)212

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: