Call reports 2008
LAKE BANK, THE — 2008
What LAKE BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 104,242,000 | 114,588,000 | 112,986,000 | 116,276,000 |
| Total loans | 87,615,000 | 94,973,000 | 94,471,000 | 96,887,000 |
| Allowance for loan losses | 970,000 | 970,000 | 904,000 | 654,000 |
| Securities available for sale | 12,004,000 | 14,003,000 | 13,842,000 | 13,992,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,440,000 | 81,981,000 | 85,587,000 | 89,242,000 |
| Interest-bearing deposits | 75,691,000 | 74,859,000 | 77,556,000 | 81,165,000 |
| Noninterest-bearing deposits | 6,749,000 | 7,122,000 | 8,031,000 | 8,077,000 |
| Equity capital | 8,241,000 | 8,302,000 | 8,460,000 | 8,957,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,653,000 | 3,374,000 | 5,108,000 | 6,765,000 |
| Interest expense | 803,000 | 1,552,000 | 2,256,000 | 2,888,000 |
| Net interest income | 850,000 | 1,822,000 | 2,852,000 | 3,877,000 |
| Noninterest income | 92,000 | 117,000 | 206,000 | 257,000 |
| Noninterest expense | 589,000 | 1,229,000 | 1,861,000 | 2,549,000 |
| Provision for loan losses | 84,000 | 84,000 | 384,000 | 463,000 |
| Pretax income | 269,000 | 626,000 | 813,000 | 1,123,000 |
| Income tax | 4,000 | 127,000 | 166,000 | 138,000 |
| Net income | 265,000 | 499,000 | 647,000 | 985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,812,000 | 7,926,000 | 8,079,000 | 8,524,000 |
| Total capital | 8,760,000 | 8,896,000 | 8,983,000 | 9,178,000 |
| Risk-weighted assets | 75,803,000 | 82,582,000 | 82,970,000 | 83,588,000 |