Call reports 2020
LAKE BANK, THE — 2020
What LAKE BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 135,401,000 | 150,510,000 | 150,239,000 | 152,782,000 |
| Total loans | 103,810,000 | 113,718,000 | 108,341,000 | 110,940,000 |
| Allowance for loan losses | 1,226,000 | 1,385,000 | 16,000 | 209,000 |
| Securities available for sale | 15,723,000 | 19,064,000 | 18,006,000 | 17,911,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,382,000 | 135,137,000 | 136,694,000 | 139,085,000 |
| Interest-bearing deposits | 109,844,000 | 120,173,000 | 120,085,000 | 123,662,000 |
| Noninterest-bearing deposits | 10,539,000 | 14,964,000 | 16,609,000 | 15,423,000 |
| Equity capital | 14,534,000 | 14,937,000 | 13,091,000 | 13,492,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,392,000 | 2,825,000 | 433,000 | 1,913,000 |
| Interest expense | 209,000 | 382,000 | 10,000 | 38,000 |
| Net interest income | 1,183,000 | 2,443,000 | 423,000 | 1,875,000 |
| Noninterest income | 87,000 | 324,000 | 67,000 | 312,000 |
| Noninterest expense | 782,000 | 1,569,000 | 265,000 | 1,222,000 |
| Provision for loan losses | 0 | 155,000 | 15,000 | 205,000 |
| Pretax income | 489,000 | 1,044,000 | 210,000 | 760,000 |
| Income tax | 138,000 | 296,000 | 61,000 | 215,000 |
| Net income | 351,000 | 748,000 | 149,000 | 545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,905,000 | 14,302,000 | 11,677,000 | 12,110,000 |
| Total capital | 15,002,000 | 15,418,000 | 11,693,000 | 12,319,000 |
| Risk-weighted assets | 87,640,000 | 89,063,000 | 85,614,000 | 90,078,000 |