Bay Banks Of Virginia Inc (BAYK) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4330511720217
Cash and cash equivalents4330511720217
Total current assets:4330511720217
Noncurrent Assets
Operating lease, right-of-use asset4
Property, plant and equipment20181811121211
Intangible assets, net (including goodwill)1314143333
Goodwill1010103333
Intangible assets, net (excluding goodwill)234    
Total noncurrent assets:37323214141513
Other undisclosed assets1,0511,018887456422355311
TOTAL ASSETS:1,1321,081971487456390331
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt7691876 
Total current liabilities:7691876 
Noncurrent Liabilities
Other undisclosed liabilities999957847427410345294
Total liabilities:1,006963856445417351294
Stockholders' equity
Stockholders' equity attributable to parent, including:12611711542403937
Common stock66666624242424
Additional paid in capital3737373333
Accumulated other comprehensive income (loss)0(1)(1)(1)(1)(1)(1)
Retained earnings25181416141311
Other undisclosed stockholders' equity attributable to parent(2)(2)(1)    
Total stockholders' equity:12611711542403937
TOTAL LIABILITIES AND EQUITY:1,1321,081971487456390331

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues504436211917 
Net investment income504434181614 
Financial services revenue3323 
Cost of revenue(1)(1)(5)(0)(2)(1)(1)
Provision for loan, lease, and other losses(1)(1)
Financial services costs(5)(0)(2)(1)(1)
Gross profit:494231201716(1)
Operating expenses(6)(7)(20)(11)(10)(9)(6)
Other operating expense, net     (0)(0)
Operating income (loss):4436111078(7)
Nonoperating income (expense)000000(1)
Investment income, nonoperating  0000 
Gains (losses) on sales of other real estate  0(0)(0)(0)(0)
Bank owned life insurance income0000000
Mortgage servicing rights (msr) impairment (recovery)  0000(1)
Interest and debt expense(15)(10)(6)(4)(3)(2)(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     (3)12
Income from continuing operations before equity method investments, income taxes:292657422
Other undisclosed loss from continuing operations before income taxes(20)(22)(6)(3)(4)  
Income (loss) from continuing operations before income taxes:94(0)4022
Income tax expense (benefit)(2)(1)(1)(1)0(1)(0)
Net income (loss) available to common stockholders, diluted:74(1)3021

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):74(1)3021
Other comprehensive income (loss)2(1)0000(1)
Comprehensive income (loss):93(1)3120
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)2120

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: