Bay National Corporation is a bank holding company for Bay National Bank (the Bank). Bay National Bank accepts checking and savings deposits, and offers a range of commercial and industrial, real estate, consumer and residential mortgage loans. It offers a range of banking products, including a line of business and personal savings and checking accounts, money market demand accounts, certificates of deposit and other banking services. It funds a variety of loan types, including commercial and residential real estate loans, commercial term loans and lines of credit, consumer loans, and letters of credit. The Bank targets its commercial banking services to small and mid-sized businesses, and targets its retail banking services to the owners of these businesses and their employees, to business professionals and to high-net-worth individuals.